How can the Indian government enhance the workforce through the budgetary provisions
Budget will pave way for stronger workforce: Modi
1. Increase funding for skills development programs to equip individuals with job-specific skills and enhance employability
- Provide subsidies or incentives for employers to offer apprenticeships and on-the-job training
- Expand vocational training centers and promote industry-academia collaborations to align education with job market demands
- Support the adoption of digital education platforms to upskill the workforce in emerging technologies
- Encourage the growth of the gig economy by providing digital tools and resources for freelancers and independent workers
- Offer tax incentives or grants for startups and small businesses to stimulate job creation
- Facilitate industry-academia partnerships to develop workforce-ready talent and bridge the skills gap
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2 months ago