‘Allocation of Rs1.48 lakh crore for education, employment & skill is must’

Indrani Chatterjee, Group Chief Human Resources Officer (Group CHRO) at Allcargo Group says, “The budget underlines the government’s intent to strengthen one of the key pillars of Viksit Bharat, the human capital through employment, education and skilling. Allocation of Rs 1.48 lakh crore for education and employment and skill paves the way for optimising the human capital and leveraging demographic dividend. The introduction of wage subsidies for the businesses recruiting employees for the first time is a welcome move that promises to invigorate our employment landscape. Moreover, the provision of education loans with interest subvention schemes stands will build a strong future talent pipeline. Announcement of Rs. 3 trillion for programmes supporting women and girls in terms of setting up working women hostels and crèches is a welcome and timely move to enhance women participation in workforce and economic progress.”