Women Torchbearers of Viksit Bharat - Demographic Dividend and Labour Reforms

To fully harness the larger potential workforce and implementation of labour reforms as drivers of future growth, Sumita Dawra underscores the importance of job creation as a multi-stakeholder initiative

- 

India's demographic dividend and labour reforms are pivotal to driving future growth, with flexible hiring practices, ease of doing business, and adequate skill sets within the workforce, alongside other growth engines of manufacturing, expansion of the service sector, infrastructure, etc. "The budget has a whole-of-government approach geared towards employment," says Labour Secretary Sumita Dawra. She believes that the employment-linked initiative (ELI) schemes—Scheme A for first-timers, Scheme B for job creation in manufacturing, and Scheme C that entails support to employers for additional employment—along with an upgrade of 1,000 ITIs and internships for 10 million youth in the top 500 companies, will boost job creation. This has been a key ask of the industry, and the Budget 2025-2026 has a number of growth drivers that will generate employment.