Search This Blog

Tuesday, September 03, 2013

What is the Expenditure on Education as proportion of GDP In India Compare to Other Countries ?

The percentage of Gross Domestic Product (GDP) spent on education during 2009-10 is 3.85%. The expenditure on education in India was Rs. 235996.22 crore (BE) during 2009-10. As per the figures published by UNESCO Institute of Statistics (UIS) in its publication titled, “Global Education Digest 2011”, contribution of education in Gross Domestic Product in some of other countries were U.S.A. (5.5.%), U.K. (5.4%), Japan (3.4%), Australia (4.4%), Russian Federation (4.1%), Egypt (3.8%), Azerbaijan (2.8%), Georgia (3.2%), Tajikistan (3.5%), Hong Kong SAR of China. (4.5%), Thailand (4.1%) , Peru (2.5%), Jamaica (6.2%), Pakistan (2.7%), Bangladesh (2.4%), Ethiopia (5.5.%), United Republic of Tanzania (6.8%) and Zambia (0.8%) during 2009.
During XI Plan, a substantial increase was made in Central Plan Allocation to augment the funds for education sector. This substantial increase in Central Plan Outlay for Education represents a very substantial effort on the part of the Central Government towards raising public spending on education.
This information was given by the Minister of State for Human Resource Development, Shri E. Ahamed, in written reply to a question in Lok Sabha

No comments:

Post a Comment