Goa to hike education spending to 6% of GDP: Parrikar

Image
Press Trust of India Panaji
Last Updated : Apr 07 2017 | 8:42 PM IST
Goa Chief Minister Manohar Parrikar today said the spending on education would be increased from current 3.8 per cent of GDP to 6 per cent of GDP in next five years.
"Goa spends 3.8 per cent of its Gross Domestic Project on educational sector. In this five-year term, we will touch it to six per cent (sic)," Parrikar said while addressing a gathering near Panaji in the presence of Union HRD Minister Prakash Javadekar.
Parrikar said that right from his first tenure as the chief minister, he has always preferred to retain Education and Finance portfolios with him.
"I have purposely kept these portfolios with me. Finance is my love whereas Education is another portfolio which I like to handle. Portfolio of Education, which contributes for 30 per cent of total budget, is not preferred by many of the ministers," he said referring to his four different stints, including the current one where he is heading the coalition government.
"It is that department where you have to carry burden and no much avenue for development," the Chief Minister said.
Parrikar said that during his all stints, he has pumped in a lot of money in creating infrastructure for educational institutions.
The CM said that the state government wants to create integrated school complexes, where all educational institutions would be accommodated at one place.
Panaji has already accommodated the educational institutions at Bambolim.
"We intend to spend more Rs 50-100 crore on creating integrated school complexes. We are working out on the complexes in Margao and Mapusa," he said, adding that it has been the demand of the people to shift schools out of city in secured places so that urban areas get decongested of traffic.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 07 2017 | 8:42 PM IST

Next Story