The Budget has pegged an outlay of Rs 79,685.95 crore for the education sector for financial year 2017-18, up from Rs 72,394 crore in 2016-17—a 9.9 per cent rise.
India and Germany have signed an agreement on vocational education and skill development with a budget of US$ 3.37 million, which will help create and improve cooperative workplace-based vocational training in India’s industrial clusters.