Raise edu spending to 6% of GDP: Parl panel
New Delhi, March 19 -- A parliamentary panel on Wednesday recommended the central government to take "concrete, time-bound steps" to ensure that by 2030, public expenditure on education increases to 6% of the Gross Domestic Products (GDP), a target set by the National Education Policy (NEP) 2020, while noting that the current spending, both by the Centre and states, stands at 4.06% of the GDP.
The panel also recommended that the Centre more than double research and development (R&D) spending from 0.64% to 1.5% of GDP. It added that the expenditure on education was lower than key Brics countries like Brazil (5.62%) and South Africa (6.16%).
The 31-member parliamentary standing committee on education, women, children, youth and sports is head...
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