Economy, asked by merlynbaptiste, 7 days ago

what percent gdp as estimated by the tapas Majumdar committee should spend for education?
a)4% b)6% c)8% d)5%????​

Answers

Answered by shobhav31082
0

Explanation:

answer is 4

I think it was right I'm not sure

Answered by qwsuccess
0

The Tapas Majumdar Committee estimated that (b) 6% of GDP should be spent on education.

  • The Tapas Majumdar Committee was formed in 1999 following the fundamental right of "Right to Education(RTE)". It was a Committee which gave in the proposal that every child of India especially the ones who belonged to the economically weaker and marginalised groups of the nation should be entitled to the best quality education.
  • In 2005, the Committee whose Chairman was Mr Tapas Majumdar concluded that the minimum level is 6% of the entire national income that is the Gross Domestic Product(GDP) needs to be spent on education and in future, the public expenditure in the sector of education will gradually increase as well.
  • These estimates were stated because education is a very integral part of every individual and to sustain a livelihood as well as a nation's economic growth, certain expenditures are required to be made upon education and related activities.
  • It included the implementation of proper resources and schemes and not wasting the available resources. These estimates of expenditure were to be made with the help of Government resources including both the Central as well as State Governments.

#SPJ3

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