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Blueprint for labour reset
Mint Mumbai
|February 02, 2026
Amidst global uncertainty, the 2026-27 budget prioritizes people-centric development.
This reflects an understanding that job creation and entrepreneurship can create a virtuous circle—when people earn, consumption rises. Markets that attract trade and investment are created spurring growth. This is a welcome departure from the growth-first, jobs-later narrative.The budget also presents skills development as a central solution to an ailing labour market. The focus on
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MÁS HISTORIAS DE Mint Mumbai
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BIG CATS TO BIG CUTS:
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Four new corridors to unlock value in monazite deposits
Building on an incentive package for manufacturing rare-earth magnets in India unveiled last year, the budget announced that the Centre will create four rare-earth mineral corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu.
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