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ImageThe finance minister's Budget announcement had some great news for the students of this country.

Chidambaram has announced a 20 per cent hike in education budget this year from Rs 28,674 crore (Rs 286.74 billion) to Rs 34,400 crore (Rs 344 billion).

Sarva Shiksha Abhiyan will be provided Rs 13,100 crore (Rs 131 billion), Mid Day Meal scheme Rs 8,000 crore (Rs 80 billion) and Secondary education Scheme Rs 4,554 crore (Rs 45.54 billion).

Image: Indian students from a Mumbai school check their Class X CBSE results on a school notice board.