Overarching hope is for a budget that seamlessly integrates education, employment, and health, leveraging digital technologies to enhance efficiency, transparency, and inclusivity across these crucial sectors.
One of the most important dates on the financial calendar is the Union budget, which raises a lot of questions regarding government expenditure, the fiscal deficit, and personal taxes.
Finance Minister Nirmala Sitharaman is scheduled to submit the interim budget on February 1, 2024, given the approaching election year. It is expected that the new government will present the entire fiscal 2024–25 budget in July, following the Lok Sabha elections.
Manikanth Challa, CEO and Founder, Workruit: “According to the budget document for the fiscal year 2023–24, the government has allocated over 1 lakh crore to the Ministry of Education, emphasizing education and comprehensive skill-building for students. We anticipate a continuation of this trend, with a focus on holistic development that aligns education, employment, and health to foster a resilient and inclusive economy. Bridging the digital divide, especially in rural areas, and promoting online education initiatives are critical expectations.
In the realm of employment, our expectations center around programs aimed at job creation, particularly in sectors affected by the pandemic. Skill development initiatives, aligning the workforce with emerging market demands, and supporting entrepreneurship are seen as instrumental in stimulating economic growth and creating job opportunities. Our overarching hope is for a budget that seamlessly integrates education, employment, and health, leveraging digital technologies to enhance efficiency, transparency, and inclusivity across these crucial sectors. Ultimately, this approach aims to propel India towards a resilient and digitally empowered future.”
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