A shift in direction for education and jobs

BUDGET FY27 ALIGNS EDUCATION WITH INDUSTRY

- NARAYANAN RAMASWAMY

THE INTENT OF this year’s Union Budget was clear - there is no stopping us from becoming an economic powerhouse, and human capital is at the core of achieving this.

The Budget had human capital development focused on labour-intensive sectors such as agriculture, textiles, leather, toys, rural economy, MSME, etc, and emerging ones such as healthcare, pharma, entertainment, hospitality, etc.Also prominent was the plan to bring AI and its impact on these sectors.

New institutions and initiatives are the highlights - these are aligned to industries that create ‘employment pathways’. Similarly, skilling programmes were linked to not just sectors, but beyond that to job roles that will bring employment.