Akshay Munjal, Hero Vired on Budget 2022

Akshay Munjal, Founder and CEO, Hero Vired

Akshay Munjal, Founder and CEO, Hero Vired

“The pandemic has reaffirmed the significance of digital technologies to sustain the momentum of learning. Hence, the Budget should consider EdTech as a potent tool that can multiply the reach of education. It should prioritise scaling up allocation to the EdTech sector by 7-8% from 2021. In addition, rationalising 18% GST in online education services would go a long way in making e-learning more affordable and realising its benefits. Moreover, there should be a tax rebate on expenses incurred on online learning programs. This is especially important in India as we face a unique ’employability paradox’. Against the backdrop of conducive policies such as the National Education Policy (NEP), strengthening infrastructure, ahead of the 5G rollout, will ensure equitable access to the highest-quality education to all learners. While NEP 2020 holds a lot of promise, much will hinge on its implementation this year.”

– Akshay Munjal, Founder and CEO, Hero Vired on Budget 2022 

*Hero Vired is a learning company from the Hero Group based in New Delhi. Founded by Akshay Munjal, Hero Vired is a premium EdTech venture that enables professionals and aspirants to transform their higher education journey into real-world job opportunities. The company is a startup venture of the Hero Group that offers career-relevant programs, in
partnership with world-class universities.

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