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
2. Invest in technology and digital infrastructure to facilitate remote working opportunities and online skill development
  • 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
3. Establish partnerships with private sector companies to create job opportunities and promote entrepreneurship
  • 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
Answered 2 months ago
Kumar Preparing for Civil Services