Budget 2026: Skilling is India's Priority for Digital Economy Growth
Opinion
C
CNBC TV1828-01-2026, 10:23

Budget 2026: Skilling is India's Priority for Digital Economy Growth

  • India is at an inflection point, moving towards Digital Bharat and Viksit Bharat, with a focus on people-centric growth.
  • Skilling is crucial to convert India's demographic advantage into an employability dividend, fostering innovation and productivity.
  • The job market is shifting to 'skills-first' hiring, with AI tools used in recruitment and employers expecting 40% core skill changes by 2030.
  • Learning and work boundaries are blurring; continuous, targeted skill updates are essential, especially with India's shift to manufacturing.
  • An outcomes-driven skilling ecosystem requires collaboration between industry, government, and foundations to ensure job readiness and career mobility.

Why It Matters: Skilling is essential for India's digital economy, focusing on employability outcomes and collaborative ecosystem development.

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