Cabinet approves New National Education Policy

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News: The Union Cabinet has approved the New National Education Policy(NEP).

Facts:

  • Aim: To create an education system that contributes directly to transforming the country, providing high-quality education to all, and making India a global knowledge superpower.

Key Highlights:

  • Public Spending: To increase public spending on education to nearly 6% of gross domestic product (GDP) from around 4%.
  • Renamed: Ministry of Human Resource and Development(MHRD) to be renamed Ministry of Education.