What is the goal regarding education expenditure as a percentage of GDP that is accepted as a must for the coming years in India?
Answer & explanation
Correct answer: option 3
The correct answer is option 3: 6%
Compared to the desired level of education expenditure of around 6 per cent of GDP, the current level of a little over 4 per cent has been quite inadequate. In principle, a goal of 6 per cent needs to be reached—this has been accepted as a must for the coming years.