While presenting the interim budget on February 1, 2024, Finance Minister Nirmala Sitharaman had stated that, “In the full budget in July, our Government will present a detailed roadmap for our pursuit of ‘Viksit Bharat’.” If India does aim to become a developed country by 2047 as per Prime Minister Narendra Modi’s vision of Viksit Bharat, the Union Budget 2024 which will be presented on July 23 must prioritise the education of children, who are the future of the country. Read on to find out what experts from the education sector shared with us at Brainfeed about their reactions from the Union Budget 2024.
It is very encouraging to see Skill Development listed among the top 9 priorities in the Union Budget 2024, reflecting the Government’s commitment to sustained efforts in this area. The partnership between state governments and industry to skill 20 lakh youth over the next 5 years is a commendable initiative. It is essential that we place equal emphasis on life skills development as a critical component of Skill Development. At Enabling Leadership, we have seen firsthand how life skills—such as communication, teamwork, and problem-solving—are crucial for empowering youth to thrive in today’s dynamic world. Integrating these skills into skill development programs will ensure that young people are not only job-ready but also equipped to be effective leaders and contributors to society.