Why is UN praising India for spending on education? please understand

New Delhi : UNESCO has praised India for its allocation for education budget. UNESCO says India allocated about 4.1 percent to 4.6 percent of its GDP for education between 2015 and 2024. This is in line with the international norms set by the ‘Education 2030 Framework for Action’. It recommends that countries allocate 4-6 percent of their GDP to education.

In line with the 2030 target

A new series of reports by the UNESCO Institute for Statistics on world education statistics shows that India’s government expenditure on education has fluctuated between 13.5 per cent and 17.2 per cent during the same period. This limit is in line with the Education 2030 target. The target encourages governments to allocate 15-20 percent of their public expenditure to education.

This report provides a detailed analysis of global education investment trends. This is particularly so in relation to achieving the Sustainable Development Goals (SDGs), particularly SDG 4, which focuses on ensuring inclusive and equitable quality education. India’s investment in education has been stable. It is in line with international norms and is investing more than some of its neighbors both in terms of GDP percentage and government expenditure.

India contrary to global trend

Compared to other Central and Southern Asian countries, India has invested more in terms of both GDP percentage and government expenditure, contrary to the global trend of declining average investment in education. The report said South Asian countries including Nepal and Bhutan spend about 4-6 percent of their GDP on education, while countries like Afghanistan and Pakistan are lagging behind in terms of both spending and resource allocation.

Which country is spending how much?

The report highlights that as a percentage of total expenditure, the world average is declining. Countries in Central and Southern Asia are investing more than in the 2010s. Other sectors have seen declines. In 2022, India’s expenditure on education as a percentage of GDP in Central and South Asia is behind only Bhutan (7.5 per cent), Kazakhstan (7.2 per cent), Maldives (4.7 per cent), Tajikistan (5.7 per cent) and Uzbekistan (5.2 per cent). is less than.

Compared to Asia as a whole, India’s expenditure is higher than countries like China and Japan. Globally, the world average of public expenditure on education has seen a decline from 13.2 per cent in 2010 to 12.5 per cent in 2020, with a significant decline following the COVID-19 pandemic.