The Goa government is contemplating the possibility of increasing the spending on educational sector to 5-6 per cent of the gross domestic product, Chief Minister Manohar Parrikar said.
At present the the spending on the sector stands at 3.4 per cent.
Parrikar made this announcement during a press conference last evening where he had presented the detailed analysis of the spending of the state during the current fiscal.
The chief minister said the current allocation for educational sector which is around 3.4 per cent of the GDP is highest in the country and much more than the national average.
He said that the state government which has decided to make education a priority area will increase the spending to 5-6 per cent of the GDP in the coming years.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)