The Tk. 49,000 crore or US$ 6.3 billion allocated for education, when divided by the estimated 40 million students in the country, amounts to Tk. 12,000 per student public spending for a year or about US$ 150 on average for all levels of education.
It is no wonder that Education Minister Nurul Islam Nahid is lamenting the poor budgetary allocation for his ministry, with only Tk. 4000 crore allocated for educational development purposes, while other ministries have been given Tk. 16,000 crore to realise their development objectives.