Budget 2026-27: Policy Priorities for Jobs, Productivity, and Resilience
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News18•31-01-2026, 13:29
Budget 2026-27: Policy Priorities for Jobs, Productivity, and Resilience
- •Budget 2026-27 should prioritize building supply chain resilience and developing domestic capabilities in strategic sectors, focusing on critical minerals and diversifying sourcing.
- •Continue prioritizing job creation in labour-intensive manufacturing sectors like textiles, furniture, leather, and footwear through reduced import duties, industrial parks, and skill development.
- •Timely implementation of the 8th Central Pay Commission recommendations is crucial to boost consumption and strengthen economic momentum.
- •Improve urban infrastructure by allocating resources for public transport, waste management, and basic amenities, and introduce an urban employment guarantee scheme.
- •Strengthen fiscal support for innovation in AI and quantum computing through dedicated funds and R&D tax incentives, while investing in health and education for human capital development.
Why It Matters: Budget 2026-27 must focus on targeted reforms to boost jobs, productivity, and economic resilience.
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