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 expectations from the Union Budget 2024.
“It has been good to see that skilling and employment were at the forefront of this budget as one of the key priorities – with a greater emphasis on a multi-dimensional approach to hone the youth with industry-ready skills. That said, it remains imperative to recognise the significance of collaborative efforts between stakeholders – including the governments, the private sector, and non-government organisations to collectively work towards closing the skill gap and ensuring the robust implementation of these schemes to fruition. With the private sector’s expertise and resources amalgamated with the government’s initiatives, our country can realise its true potential as a global hub of skilled workforce, which currently sits below 5% – as compared to the US’ 52% and Japan’s 80%.”
