The Finance Minister said that estimated budgetary expenditure on health, education and social protection for 2018-19 is Rs.1.38 lakh crore against the estimated expenditure of Rs.1.22 lakh crore in 2017-18.
To step up investments in research and related infrastructure in premier educational institutions, including health institutions, a major initiative named “Revitalizing Infrastructure and Systems in Education (RISE) by 2022” with a total investment of Rs.1,00,000 crore in next four years was announced.
To improve the quality of teachers an integrated B.Ed. programme for teachers will be initiated. Mr. Jaitley said the Government would launch the “Prime Minister’s Research Fellows (PMRF)” Scheme this year.