Srikrishna, the CEO of Birla Edutech Ltd, spoke about the encouraging aspects of the Budget 2011-2012 for the education sector:
* The overall increase of allocation of funds in education by 24% is truly commendable
* There is a special emphasis on areas such as Skill Development and the National Knowledge Network that is critical for India to be a global leader in the 21st century
He expressed a few concerns as well:
* Lack of allocation of funds for Teacher improvement and training that will encourage qualified people to look at teaching as a rewarding and challenging career choice
* Lack of emphasis on the K-12 sector in terms of school improvement, quality control etc., given that this sector in education has to be strengthened in order to prepare the skilled and innovative workforce of 2025
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