The budgetary allocation for education as a percentage of total expenditure has dropped over the past seven years, from 10.4% to 9.5%, the Economic Survey, 2022-23 says.
Though school dropout rates have improved since 2013-14, there has been some reversal of gains since COVID-19, especially in the younger classes.
As far as higher education is concerned, the number of medical colleges in the country increased from 387 in 2014 to 648 in 2022, and the number of MBBS seats have increased from 51,348 to 96,077.
The number of Indian Institutes of Technology rose from 16 to 23 between 2014 and 2022 and Indian Institutes of Management (IIMs) from 13 to 20.
In 2021-22, distance education saw a 7% growth over the previous year, with 45.7 lakh enrolling.
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