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India


Kailash Satyarthi’s Foundation hails Budget

Kailash Satyarthi’s Foundation hails Budget

New Delhi, Jul 6 (UNI) Kailash Satyarthi Children’s Foundation welcomes 16 per cent increase in the budget for welfare of children.

Kailash Satyarthi Children’s Foundation (KSCF), founded by Nobel Peace Laureate Kailash Satyarthi notes with happiness that the total budgetary allocation for children has been increased by 16 per cent in the current years’ budget.

The social stock exchange under Securities and Exchange Board of India (SEBI) would also provide much needed boost to the social services organizations to mobilize funds for the welfare of the society at large, the Foundation said.

Doubling of allocation under the Child Protection Services (CPS) from Rs725 crore in 2018-19 to Rs1500 crore in 2019-20 will pave the way for financial support to more children in distress. We also welcome the 89 per cent increase in budget for Ministry of Social Justice and Empowerment. This will lead to more children from the disadvantaged sections of the society being covered by various schemes relating to their education.

This will also lead to their retention in schools and improved learning outcomes.

It is however a matter of concern that despite the 16 per cent increase in the allocation of funds for children in the current budget, the percentage of funds allocated for them works out to only 3.29, which is lower than the allocation for children in terms of percentage during 2016-17 and 2017-18 which was 3.32%. Also, if the current years' allocation is compared to the peak of 4.76% achieved in 2012-13 and 2013-14, it is observed that there is a need for further increase in the allocation of funds for children in the coming years.

The Foundation also urges the government to restore the budgetary cut imposed in the allocation for the 'National scheme for incentive to girl child for secondary education' which has been reduced from Rs 255.90 crore to RS 100 crore as this reduction is likely to hurt the retention of girl child in the secondary schools.

UNI ASH ADG 1748

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