• Tuesday, Jun 22, 2021
  • Last Update : 04:19 am

Education sector to see increase of Tk13,213cr

  • Published at 11:02 pm June 13th, 2019
web-Bandarban-Non-Goverment-Primary-School-Problem-News-Picture---24-3-19
File photo of Students in their classroom at a primary school in Lama upazila of Bandarban Dhaka Tribune

The previous fiscal year saw an allocation of Tk79,486 against last year's allocation of Tk66,273

A sum of Tk79,486 crore has been proposed for the Education and Technology sector for 2019-20 fiscal year – Tk13,213 crore more than the budget passed last year, which was Tk66,273.

Since Bangladesh's independence, this is the highest amount allocated for the education sector. It is 15.2% of the total drafted budget.

The proposed budget allocation for the public administration is also the highest ever – with 18.5% of the total budget for the FY2019-20.

The government allocated Tk29,624 crore to the Education Ministry, Tk24,040 crore for the Science and Technology Ministry, and Tk7,454 crore for the Madrasa Education division.

The amount allocated to the Education and Technology sector is 3.04% in Gross Domestic Production (GDP).

Neighbouring country India allocated only 2.05% of its union budget at Rs93,847.64cr for FY2019-20, while Nepal allocated 10.6 % of their annual budget at Rs16,376cr.

Prime Minister Sheikh Hasina announced the budget on behalf of Finance Minister AHM Mustafa Kamal, as he was ill. 

She announced that more educational institutions would be enlisted under the Monthly Pay Order (MPO) list. 

If necessary, Bangladesh will also bring in teachers and trainers from abroad, the budget speech added.

Interactive classrooms will be installed in 503 model schools. The budget also recommended installing four polytechnic institutes for female students. 

Read the full budget speech for FY20 here

63
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail