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Trend Analysis of Education Budget Allocation and Expenditure (2015–2025): Assessing the Implications before and after the implementation of NEP 2020

Karthika K
Intern at CESS, MA Applied Economics (2nd Semester), PSGR Krishnammal College for Women, Coimbatore

India’s education budget allocation has seen significant shifts over the past decade, especially following the implementation of the National Education Policy (NEP) 2020. From 2015 to 2025, the education sector has witnessed both financial growth and fluctuations, reflecting the government’s commitment to improving educational access, quality, and infrastructure. Before NEP 2020, budget allocations primarily followed traditional patterns, focusing on infrastructure development, teacher recruitment, and curriculum implementation. The government increased its emphasis on skill development, digital education, and research initiatives. This shift is evident in the increased allocations for higher education, reaching ₹47,620 crores in 2024.