Saturday, October 11, 2025
NSN
NTTF_mini_web_banner
SGSU-banner-1
Didac India & Skills Combined NSN Banner-01
  • Home
  • Conversations
    • Industry Conversations
    • All Conversations
  • Perspectives
    • Education
    • Emerging Technologies
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • CSR and ESG in Skill Education
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Videos
    • Explainers
    • Panel Discussions
    • Student Stories
    • Video Conversations
  • Resources
    • Apprenticeship
    • e-Books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy
No Result
View All Result
NSN
  • Home
  • Industry Conversations
  • Perspectives
    • Education
    • Emerging Technologies
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Resources
    • Apprenticeship
    • E-books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy
NSN
No Result
View All Result
Home Perspectives Government

Union Budget 2025-26: Highlights on Skills, Education, Employment, and Entrepreneurship

Team NSN by Team NSN
February 1, 2025
Reading Time: 4 mins read
A A
1

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, unveiled the Union Budget for 2025-26 on February 1, 2025, with a clear vision to steer India towards a “Viksit Bharat” – developed India. The budget highlights key measures to strengthen skills, education, employment, and entrepreneurship.

At the core of this vision are four economic engines – Agriculture, MSMEs, Investment, and Exports, each requiring strong support in training, skilling, and capacity-building to sustain long-term growth.

View this post on Instagram

A post shared by National Skills Network-NSN (@nsn_india)

The budget is centered around 10 broad areas aimed at empowering the Garib, Youth, Annadata, and Nari. The proposed development measures include:

  • Agricultural growth
  • Rural prosperity
  • Inclusive growth
  • MSME support
  • Employment-led development
  • Innovation investment
  • Energy security
  • Export promotion
  • Innovation nurturing
  • Building opportunities

With an emphasis on inclusive growth, the budget strengthens structural reforms to enhance economic productivity, create employment, and address critical sectors such as agriculture, tourism, manufacturing, green energy, and skilling. These measures aim to position India as a global leader while ensuring equitable opportunities for all.

Union Budget 2025-26 Highlights on Skills, Education, Employment, and Entrepreneurship

Key Highlights of the Union Budget 2025-26

Skilling and Higher Education

  • Five National Centres of Excellence for Skilling to be established with global expertise and partnerships to equip youth for the “Make for India, Make for the World” initiative.
  • Centre of Excellence in Artificial Intelligence for Education to be set up with an outlay of ₹500 crore.
  • 10,000 additional seats to be created in medical colleges and hospitals over the next year.
  • Infrastructure expansion in five IITs (established after 2014) to accommodate 6,500 more students.

Boosting Employment

  • Focus Product Scheme for Footwear and Leather Sectors expected to create 22 lakh jobs, achieve a ₹4 lakh crore turnover, and export ₹1.1 lakh crore worth of products.
  • National Initiative to Position India as a Global Toy Hub, promoting high-quality “Made in India” toys.
  • National Institute of Food Technology, Entrepreneurship, and Management to be established in Bihar.
  • Revamp of Shipbuilding Financial Assistance Policy to support domestic industry and employment.

Entrepreneurship and Startups

  • New Fund of Funds for Startups with an additional ₹10,000 crore, doubling the existing government contribution.
  • New Scheme to Support 5 Lakh First-Time Entrepreneurs from women, Scheduled Castes (SC), and ST communities.

Gig Workers and Informal Sector

  • Identity cards and registration on the e-Shram portal for gig workers on online platforms.
  • Socio-economic upliftment scheme for urban workers to be launched.
  • PM SVANidhi scheme to be revamped with increased bank loans, UPI-linked credit cards (₹30,000 limit), and capacity-building support.

Industry in Focus – Tourism

  • Development of the top 50 tourist destinations through state partnerships via a challenge mode.
  • MUDRA loans for homestays to boost local tourism-based entrepreneurship.
  • Special initiatives for tourism linked to the life and times of Lord Buddha.

Exports for Propelling Growth

  • Support for domestic manufacturing capacities to enhance integration into global supply chains.
  • Government support for domestic electronics industry to capitalize on Industry 4.0 opportunities.

Rural Prosperity and Resilience

  • Creating job opportunities in rural areas to make migration an option, not a necessity.
  • Enterprise development for rural women, fostering financial independence and employment.
  • Encouraging young farmers and rural youth to engage in new business ventures.

Also read: Budget 2024-25 Highlights – Skilling, Employment and Higher Education

Supporting Domestic Manufacturing

  • Exemption of Basic Customs Duty (BCD) on critical minerals like cobalt powder, lithium-ion battery waste, lead, and zinc.
  • Additional exemptions for EV battery and mobile phone battery manufacturing to boost the domestic supply chain.

Research and Innovation

  • ₹20,000 crore allocated to implement private sector-driven research, development, and innovation initiatives announced in the July Budget.
  • 10,000 fellowships for technological research in IITs and IISc with enhanced financial support.
  • 50,000 Atal Tinkering Labs to be established in government schools over the next five years.

The Finance Minister reiterated the vision of Viksit Bharat, aiming for a developed India with a strong economy, zero poverty, quality education, universal healthcare, and skilled employment opportunities. The Union Budget 2025-26 lays the groundwork for a transformative future, prioritizing skilling, education, MSMEs, agriculture, and tourism. By aligning policies with this broader vision, the government aims to build a resilient, competitive, and inclusive India, unlocking its full potential in the global economy.

With targeted interventions across multiple sectors, the budget sets the stage for robust economic growth and job creation, ensuring that India’s workforce remains equipped to drive the nation toward long-term prosperity.

RelatedPosts

Weekly Newsbytes from NSN on Skill Development and Education – 7th October 2025

PM Shri Narendra Modi Launches PM-SETU and 1,200 Labs to Boost Vocational Education

Telangana Unveils 65 Advanced Technology Centres to Empower Youth with Skills

Tags: AI and skilling initiativesFour engines of economic growth India Budget 2025Highlights of the Union Budget 2025-26 on skills and educationIndia Budget 2025 key announcementsUnion Budget 2025 highlightsViksit Bharat Budget 2025
WhatsApp Join our WhatsApp channel for more updates:
WhatsApp Join Now!
YouTube Subscribe to our YouTube channel for more updates:
YouTube Subscribe Now!
Previous Post

Women Welding Fraternity Competition 2025 – Registrations Now Open!

Next Post

Weekly Newsbytes from NSN on skill development and education – 4thFebruary 2025

Team NSN

Team NSN

Next Post
Weekly Newsbytes from NSN on skill development and education – 04th February 2025

Weekly Newsbytes from NSN on skill development and education – 4thFebruary 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
samplead3 samplead1

Subscribe to our e-Magazine

Trending Topics

skilling in India (131) National Skill Development Corporation - NSDC (127) skill development news India (124) skill development (114) Ministry of Skill Development and Entrepreneurship MSDE (101) vocational education (93) Apprenticeships (86) skill development news (79) skill development programs (70) Nettur Technical Training Foundation (NTTF) (68)

Follow us

  • The shift from Generative AI to Agentic AI is here!  While Generative AI creates based on prompts, Agentic AI goes a step further - it plans, decides, and acts to achieve goals autonomously.  We’re moving from prompt-based assistance to purpose-driven autonomy.  To thrive in this new era, professionals need more than AI literacy. They need skills in workflow design, problem-solving, and human–AI collaboration.  Swipe 👉 to explore:
✨ How Agentic AI is reshaping workflows and learning
✨ How it’s redefining the future of work
✨ The key skills to thrive in the Agentic era  #AI #AgenticAI #GenerativeAI #SkillDevelopment #DigitalSkills #LearningAndInnovation
  • Telangana unveils 65 Advanced Technology Centres (ATCs) with hands-on training, ₹2,000 scholarships, RTC apprenticeships, and pathways to global careers. Watch the video to know more!  #skilldevelopment​ #telangana​ #advancedtechnologycentres​ #futurereadyskills​ #techskills2025​
  • Team NSN wishes you all a Happy and Prosperous Dussehra!  #dussehra #dasara #durgapuja #ashtami
  • Across India, states are stepping up with new skill development policies, global collaborations, certification drives, and future-focused programs.  From integrating vocational education and digital technologies to preparing youth for opportunities in AI, sustainability, and overseas jobs, these initiatives are shaping a future-ready workforce.  Such efforts reflect how state governments are aligning with national priorities and global trends to make skilling more inclusive, industry-driven, and impactful.  Stay updated with this week’s roundup of state initiatives in skill development!  Click here to read more: https://nationalskillsnetwork.in/weekly-newsbytes-from-nsn-on-skill-development-and-education-30th-september-2025/  Want your state’s skill development story featured? Reach out to us at NSN!
  • Parents dream of doctors, engineers, and CEOs. But what about skills that make students employable and future-ready?  👉 Skill-based and vocational subjects shouldn’t just be for government schools – they must be part of every school, even the elite ones.
👉 It builds inclusivity, equity, and real-world readiness.
👉 It gives all students innovative career exposure beyond textbooks.  But here’s the real question: Are parents ready to embrace this change? 💡  #gobeyond #skills #education #appliedlearning #parents #employability #futureofwork
  • Vocational careers aren’t a backup plan, they’re a smart plan. 🚀  Skill-based paths build innovators, creators, and leaders for the ambitious, not the academically weak!  #vocationalcourses #vocationalcareers #SkillDevelopment #skilltraining
  • CSIR-CMERI Apprentice Induction 2025–26: Opportunities for Engineering and Commerce Graduates  CSIR-CMERI has announced 37 apprentice positions for 2025–26 under the Board of Practical Training (Eastern Region) through NATS.  The program offers hands-on training across Mechanical, Civil, Electrical, IT, Chemical, and Commerce disciplines, with stipends up to ₹9,000 per month.  This is a valuable opportunity for fresh graduates to gain practical experience in advanced R&D environments.  For detailed application, visit the link in the bio!  #SkillDevelopment #apprenticeship #training #technicaltraining
  • Do women really have fewer career opportunities in manufacturing and emerging technologies? 👩‍🔧  Here
  • Apprenticeship reforms 2025: Stipend hike and more!  New amendments bring higher stipends, degree-linked apprenticeships, virtual options, and inclusive opportunities, making apprenticeships more attractive and future-ready.  #apprenticeship #stipend #skilldevelopment

About us

National Skills Network (NSN) captures and shares the positive impact of various training, skill development and vocational education initiatives in India.

To know more about Our Team: Click here

Address

NSN Digital Solutions Pvt. Ltd.
CIN: U74999TG2020PTC147299
MSME: UDYAM-TS-09-0086473
Gachibowli, Hyderabad – 500032

Email us: contact@nationalskillsnetwork.com

Important Links

  • Conversations
  • Perspectives
  • News
  • Skill Development e-Magazine
  • Resources
  • Our Team
  • Our Clients
  • Partner with us
  • About us
  • Advertise with us
  • Content Disclaimer
  • Privacy Policy

© National Skills Network Content licensed under CC BY-ND 4.0. Commercial use requires permission.

No Result
View All Result
  • Home
  • Conversations
    • Industry Conversations
    • All Conversations
  • Perspectives
    • Education
    • Emerging Technologies
    • Government Initiatives
    • Industry
    • Industrial Training Institutes (ITIs)
    • NEP 2020
    • Skill Training
  • News
    • Latest Updates
    • News Archives
    • CSR and ESG in Skill Education
    • Skill Development e-Magazine
    • NSN PDF Newsletter Archives
  • Videos
    • Explainers
    • Panel Discussions
    • Student Stories
    • Video Conversations
  • Resources
    • Apprenticeship
    • e-Books
    • Resources
    • Success Stories
  • Events
    • Workshops
  • About us
    • Our Team
    • Our Clients
    • Our Services
    • Privacy Policy

© National Skills Network Content licensed under CC BY-ND 4.0. Commercial use requires permission.