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How the budget can address skills gap and prepare employees for future jobs, ETHRWorld

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Highlights

  • STEM jobs in India alone have increased by nearly 44 percent and pretty much all jobs will require STEM skills in the future.
  • With the focus of the Interim Union Budget 2024-25 on ‘Viksit Bharat’, the spotlight shines on emerging industries poised to shape India’s future. Artificial intelligence is expected to revolutionise sectors like healthcare, manufacturing and logistics, demanding data analysts, robotics engineers and AI specialists.

<p>STEM jobs in India alone have increased by nearly 44 percent in the last five years, and pretty much all jobs will require STEM skills in the future.</p>
STEM jobs in India alone have increased by nearly 44 percent in the last five years, and pretty much all jobs will require STEM skills in the future.

The dust has almost settled on India‘s 2024-25 Interim Budget, but the reverberations are still felt across industries and social spheres. With its ‘Viksit Bharat’ theme aiming for a developed India by 2047, the budget promises investments in key areas like infrastructure, agriculture and healthcare.

However, the true test of the budget lies in its ability to fuel workforce transformation, addressing the crucial question: Can it equip the country’s youth with the skills needed to thrive in the rapidly evolving job market?

Also, can it bridge the…

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