Chandan Kumar Panda, Definitely, there are many factors that determine the budget allocated for education and research promotion. Prominent among these factors are the government policies and strategies to speed up the process of development and change, the population size, etc. Aside from these factors, I think that 15 to 20% would be reasonable and practical.
the bedrock of every society is acquiring quality education for the citizens, a reasonable and realistic percentage to be allocated to education should be 18 to 25%.