Education in India

An increased international aid

Business & Politics

News - Biz@India

April 29, 2016

/ By / New Delhi

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According to a United Nations report, international support for education in India is increasing.

As per a data compiled by the United Nations Educational, Scientific and Cultural Organization (UNESCO) and released on April 27, India received 806 million US dollars in 2014 as financial aid for education, which is nearly twice the amount it received in 2013.

“Aid to India is bucking the global trend; it rose dramatically between 2013 and 2014,” Kate Redman, member of the team that prepared the aid monitoring report, said.

The World Bank donated the highest amount, followed by institutions in Europe, UK and Germany. All the four top donors increased their support for education in India.

These increases will allow the country to reduce the substantial number of adolescents still out of school and the pervasive levels of adult illiteracy.

According to UNESCO, around 124 million children and adolescents in the world are out of school, 17.7 million or 14 pc of who are Indians.

While the financial support to India doubled, the global international aid to education dropped from 13.6 billion dollars in 2013 to 13.1 billion dollars in 2014. Between 2013 and 2014, France, Japan, Netherlands and Spain reduced aid to basic education by more than 40 pc.

“It is disheartening to see that international aid to education is going in totally the wrong direction. This will make education progress extremely difficult, if not impossible, for many countries still reliant on financial support from donors,” said Aaron Benavot, director of the team that prepared the report.



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