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Union Budget: 10,000 additional medical seats, 6,500 more in IITs in edu push

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Finance Minister Nirmala Sitharaman announced in the Union Budget 2025-26 plans for 6,500 new IIT seats, 10,000 medical seats, and AI education initiatives.
The Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, includes significant investments in education and healthcare. Key highlights include the addition of 10,000 new medical seats in existing institutions and the establishment of 157 new nursing colleges. In the higher education sector, there will be an increase of 6,500 seats in IITs, aiming to enhance the capacity for engineering education. Additionally, the budget proposes the creation of a corpus of Rs 1 lakh crore with a 50-year interest-free loan to encourage private sector research and development in emerging technology areas. This initiative is part of a broader push to foster innovation and self-reliance in technology, alongside improvements in educational infrastructure and capacity.

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