Successive governments have consistently declined to allocate additional resources to education and healthcare sectors in their Budgets, regretted Rasananda Panda, professor in Economics with Mudra Institute of Communication, Ahmedabad.
He was speaking at a panel discussion on “Decade of Union Budgets: Analysis and Assessment” organised by Alva’s MBA Department, in association with Confederation of Indian Industry, Young Indians Mangalore Chapter, Kanara Chamber of Commerce and Industry and TiE Mangalore Chapter at Moodbidri on Saturday, February 17.
Mr. Panda, speaking about the education sector, said education and healthcare were vital indicators of a country’s economic growth. Despite decades of warnings from experts about the need for increased funding in these sectors, governments have failed to allocate additional resources, he regretted.