The Goa Government will likely be increasing the funds that will be spent on the educational sector by 5 to 6 percent. The Chief Minister Manohar Parrikar said that the state is contemplating the possibility of the surge.
The current amount that is spent is 3.4 percent for the educational sector. The Chief Minister talked about the increase in his announcement amongst a press conference on Saturday evening. He put forth the detailed analysis of Goa's present fiscal.
Mr. Parrikar stated that the present allotment for the sector is around 3.4 percent of the Gross Domestic Product and is the highest in the country. He said that it is a step more than the national average. The stated government has focused on making education its top priority in the coming future. The Chief Minister, Mr. Parrikar thus concluded that that the focus would be on spending 5 to 6 percent of the gross on the education sector.
If the step is taken, there will be a rise in the advancements in the sector thus providing the students with the state many opportunities.
The Chief Minister of Goa who also holds the portfolio for Education made sure that he assure the House that the government will try its best to cover up the 40 percent gap over the coming years and thus achieve the target. "We would like to increase the spending to 5-6 percent of the GDP in the coming few years," Parrikar said.