65% lower-middle-income countries slashed education budgets after Covid-19 outbreak: World Bank
3 years, 9 months ago

65% lower-middle-income countries slashed education budgets after Covid-19 outbreak: World Bank

India Today  

Education budgets were cut by 65 percent of low and lower-middle-income countries after the onset of the Covid-19 pandemic while only 33 percent of high and upper-middle-income countries did so, according to a report by the World Bank. UNESCO''s Global Education Monitoring report compilation The report, compiled in collaboration with UNESCO''s Global Education Monitoring Report, said the current levels of government spending in low and lower-middle-income countries fall short of those required to achieve the Sustainable Development Goals. Measures to be taken by World Bank to procure education sector amid Covid-19 "Responding to the Covid-19 crisis requires additional spending to adapt schools for compliance with the necessary measures to control contagion and to fund programs to make up for the losses in learning students experienced while schools were closed," it added. Countries planning to cut education budget due to Covid-19 pandemic The sample includes three low-income countries ; 14 lower-middle-income countries ; 10 upper-middle-income nations ; and two high-income countries.

Education India School Bank World Bank Report Education Budget Education Budgets Countries Slashed Outbreak World  65  bank  sample  budgets  education  pandemic  report  school  covid19  countries  slashed  lowermiddleincome  spending  outbreak  world

History of this topic

Economic survey flags syncing skilling with learning to boost job prospects
5 months ago

Economic survey flags syncing skilling with learning to boost job prospects

The Hindu  

The Economic Survey of India 2023-24 released on July 22 stresses that implementing the New Education Policy to achieve learning outcomes and syncing that with skilling outcomes will boost the job prospects of India’s youth. V Anantha Nageswaran, the chief economic advisor, said at the press meet marking the release of the economic survey that only 51% of India’s graduates …

Budget 2023-24 Expectation: Education sector demands infrastructure development and enhanced fund allocation
1 year, 10 months ago

Budget 2023-24 Expectation: Education sector demands infrastructure development and enhanced fund allocation

Firstpost  

There is a need to increase funding from private industries like in most developed countries. From increasing allocation for higher education to upskilling, here are the top budget expectations of the education sector: Increasing allocation for higher education In 2022, the overall budgetary allocation for education was 3.1 per cent of the GDP. Therefore, it is expected that the overall …

Real-time impact of lockdowns on education sector difficult to gauge, says Economic Survey
2 years, 10 months ago

Real-time impact of lockdowns on education sector difficult to gauge, says Economic Survey

India Today  

The Economic Survey 2021-22 found out that children in all age groups in rural areas moved out from private to government schools during the pandemic while also acknowledging that it is difficult to gauge the real-time impact of repeated lockdowns on the education sector. Financial stress cause for migration to government schools The survey also suggests the closure of low-cost …

Will Budget 2022 heal India's sagging education system?
2 years, 10 months ago

Will Budget 2022 heal India's sagging education system?

India Today  

India is one of the countries where school closures due to the pandemic were the longest in the world. In over 60 per cent of government primary schools in Uttar Pradesh, children were found sitting in multi-grade classrooms, possibly due to lack of space or teachers, according to the Annual Status of Education Report 2018. From 11.4 per cent of …

Union Budget 2022-23: 'New normal' to continue, know pre-budget expectations for education sector
2 years, 11 months ago

Union Budget 2022-23: 'New normal' to continue, know pre-budget expectations for education sector

India Today  

The pandemic has aided in the creation of educational technology start-ups and investors. Examinations and other assessments could be reduced to meet the mental and physical health of the children and be conducted online with the help of various services provided by educational technology. Additionally, the government should announce programmes to foster better Internet connectivity infrastructure across the country that …

How Covid-19 has forced the dropout rate to shoot up in India and what we can do
3 years, 1 month ago

How Covid-19 has forced the dropout rate to shoot up in India and what we can do

India Today  

Sabin, a primary school student from Delhi slums, had to drop out of school because her parents could no longer educate three children on their pandemic-affected meager income. Unemployment has been rising since the Covid-19 pandemic started in early 2020, which has pushed parents to prioritize survival over children’s education, especially fees in private schools. How to prevent further dropouts …

India’s Covid generation: the children facing two years out of school
3 years, 5 months ago

India’s Covid generation: the children facing two years out of school

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Many of my children are …

In Covid-hit India, 23 crore people earn less than Rs 375 per day: Study
3 years, 7 months ago

In Covid-hit India, 23 crore people earn less than Rs 375 per day: Study

India Today  

India's economy staged an impressive recovery after the first wave of the Covid-19 pandemic, but the alarming rise in poverty tells a different story about the country’s future economic outlook. “An alarming 90 per cent of respondents in the Azim Premji University CLIPS reported that households had suffered a reduction in food intake as a result of the lockdown” the …

Education, Financial Sectors Should be Focus Areas for Revenue Expenditure: Gita Gopinath
3 years, 8 months ago

Education, Financial Sectors Should be Focus Areas for Revenue Expenditure: Gita Gopinath

News 18  

The IMF on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic. The Washington-based global financial institution, in its annual World Economic Outlook ahead of the annual Spring meeting with the World Bank, said the …

Covid has pushed too many Indians back into poverty
3 years, 8 months ago

Covid has pushed too many Indians back into poverty

Live Mint  

As the world continues to be ravaged by the covid pandemic, more than a year on, it is becoming increasingly evident that the greatest burden has fallen on the global poor. By contrast, for India, a staggering 75 million people were pushed back into poverty by the covid crisis—this is almost 60% of the global total increase in poverty caused …

Pandemic pushed over 3 crore Indians out of middle class: Pew Research
3 years, 9 months ago

Pandemic pushed over 3 crore Indians out of middle class: Pew Research

India Today  

A recent research report has revealed that the novel coronavirus pandemic last year pushed approximately 3.2 crore Indians out of the middle class. The report prepared by the US-based Pew Research Center showed that the number of Indians in the middle class — those who earn between $10 to $20 per day — shrunk by roughly 3.2 crores. Read | …

Pandemic pushes 32 mn Indians out of middle class: Pew Research
3 years, 9 months ago

Pandemic pushes 32 mn Indians out of middle class: Pew Research

Live Mint  

Financial woes brought by last year's coronavirus pandemic have pushed about 32 million Indians out of the middle class, undoing years of economic gains, a report showed on Thursday, while job losses pushed millions into poverty. The number of Indians in the middle class, or those earning between $10 and $20 a day, shrunk by about 32 million, compared with …

Closure of 1.5 million schools in India due to Covid-19 pandemic impacts 247 million children
3 years, 9 months ago

Closure of 1.5 million schools in India due to Covid-19 pandemic impacts 247 million children

India Today  

In India, the closure of 1.5 million schools due to the pandemic and lockdowns in 2020 has impacted 247 million children enrolled in elementary and secondary schools. Schools for more than 168 million children globally have been completely closed for almost a full year, said UNICEF. Schools closed for one year While talking about the impact of the pandemic on …

Lower-middle income countries slashed education budgets post COVID-19: Report
3 years, 9 months ago

Lower-middle income countries slashed education budgets post COVID-19: Report

Hindustan Times  

Education budgets were cut by 65 per cent of low and lower-middle income countries after the onset of the COVID-19 pandemic while only 33 per cent of high and upper-middle income countries did so, according to a report by the World Bank. The report, compiled in collaboration with UNESCO's Global Education Monitoring Report, said the current levels of government spending …

65% low, lower-middle income countries slashed education budgets after COVID-19 outbreak: World Bank report
3 years, 9 months ago

65% low, lower-middle income countries slashed education budgets after COVID-19 outbreak: World Bank report

The Hindu  

Education budgets were cut by 65% of low and lower-middle income countries after the onset of the COVID-19 pandemic while only 33% of high and upper-middle income countries did so, according to a report by the World Bank. The report, compiled in collaboration with UNESCO’s Global Education Monitoring Report, said the current levels of government spending in low and lower-middle …

Govt Cuts Education Spending by Rs 6,000 Crore in Budget 2021, Allocation Lowest in 3 Years
3 years, 10 months ago

Govt Cuts Education Spending by Rs 6,000 Crore in Budget 2021, Allocation Lowest in 3 Years

News 18  

In the first post-pandemic budget presented by Finance Minister Nirmala Sitharaman, the spending on education has been reduced by Rs 6,076 crores from Rs 99,300 crore in 2020 to Rs 93,224 in 2021. The education budget this time is the lowest in three years — with school education taking the biggest cut of almost Rs 5,000 crore — and the …

Explained: How Covid-19 has made life difficult for India's poor
3 years, 11 months ago

Explained: How Covid-19 has made life difficult for India's poor

India Today  

The coronavirus pandemic has made life difficult for the poorest population in the world as the economic crisis triggered by it has led to a sharp rise in income inequality. The report indicated that the top billionaires in India became richer by 35 per cent during the pandemic, while millions of poor Indians lost their jobs. “The wealth of Indian …

COVID-19 Has Robbed The World's Poorest Children Of Nearly 4 Months Of Schooling
4 years, 1 month ago

COVID-19 Has Robbed The World's Poorest Children Of Nearly 4 Months Of Schooling

NPR  

COVID-19 Has Robbed The World's Poorest Children Of Nearly 4 Months Of Schooling Enlarge this image toggle caption Yawar Nazir/Getty Images Yawar Nazir/Getty Images In April, 9 in 10 of the world's children were out of school in an effort to stop the spread of the coronavirus. Several months later, a new report from UNESCO, UNICEF and the World Bank …

School closures due to Covid-19 to cost India over 40,000 crores: World Bank
4 years, 2 months ago

School closures due to Covid-19 to cost India over 40,000 crores: World Bank

India Today  

Schools in India have been closed since the end of March and according to a World Bank report, this could cost India more than a staggering 400 billion dollars, or 40,000 crores! The report states that South Asia region stands to lose USD 622 billion from the school closures and if things get worse, the number could go up to …

24 million may drop out of school due to COVID-19 impact: U.N.
4 years, 4 months ago

24 million may drop out of school due to COVID-19 impact: U.N.

The Hindu  

Almost 24 million children are at risk of not returning to school next year due to the economic fallout of COVID-19, according to the United Nation’s policy brief on the pandemic’s impact on education, released on Tuesday. “UNESCO estimates that 23.8 million additional children and youth may drop out or not have access to school next year due to the …

Coronavirus lockdown | COVID-19 widened educational divide: UNESCO report
4 years, 6 months ago

Coronavirus lockdown | COVID-19 widened educational divide: UNESCO report

The Hindu  

The COVID-19 pandemic has exacerbated inequalities in education systems across the world. The 2020 Global Education Monitoring Report noted that efforts to maintain learning continuity during the pandemic may have actually worsened exclusion trends. ‘Imperfect substitutes’ “Education systems responded with distance learning solutions, all of which offered less or more imperfect substitutes for classroom instruction,” said the report, noting that …

Covid-19 might push 120 mn children into poverty in South Asia, including India: UNICEF
4 years, 6 months ago

Covid-19 might push 120 mn children into poverty in South Asia, including India: UNICEF

Hindustan Times  

An estimated 120 million children living in South Asian countries, including India, could slip into poverty within the next six months due to the COVID-19 crisis, taking the total number of such kids in the region to 360 million, according to a new UNICEF report. The report -- Lives Upended - How COVID-19 threatens the futures of 600 million South …

Discover Related