Finance Minister Nirmala Sitharaman's Union Budget 2025-26 emphasizes digital literacy, AI and skill development t

Budget 2025 Prioritizes Digital, AI-Driven Education and Skilling for the Global Workforce latest news : Finance Minister Nirmala Sitharaman's Union Budget 2025-26 emphasizes digital literacy, artificial intelligence (AI), and skill development to prepare India's youth for the international job market. The budget focuses on enhancing global competitiveness through strategic investments in AI, digital literacy, and higher education infrastructure.

AI Integration and Digital Expansion: A notable highlight of the budget is the allocation of Rs 500 crore to establish Centres of Excellence in Artificial Intelligence (AI) for education. This initiative represents a forward-thinking roadmap for education, concentrating on accessibility, skill development, and technological integration. Rahul Subramaniam, Co-founder of Athena Education, praised this allocation, noting it demonstrates a commitment to equipping students with future-ready skills.

Expanding Higher Education Infrastructure: The budget also plans to expand the capacity of Indian Institutes of Technology (IITs) and medical colleges, aiming to improve the quality and capacity of higher education institutions. The addition of 6,500 seats in IITs and 10,000 seats in medical colleges is expected to bridge skill gaps and elevate vocational training standards.

Building a Skilled Workforce for Global Opportunities: The creation of five National Centres of Excellence for Skilling, along with the expansion of IITs and medical colleges, aims to develop a tech-savvy workforce aligned with global demands. The budget also includes 10,000 scholarships under the PM Research Fellowship to support students pursuing research and innovation.

AI in Education: The Rs 500 crore allocation for AI in education is India's first major step towards integrating generative AI into its learning ecosystem. These initiatives position educational institutions as hubs for research and development, moving beyond traditional degree providers. Ramani Dathi, Director of TeamLease HCM, mentioned that the budget aims to bridge the gap between technological advancements and workforce readiness through initiatives like the National Digital Skill Development Mission and AI-driven education platforms.

Empowering Global Student Mobility: The budget also revises the Tax Collected at Source (TCS) system under the Liberalized Remittance Scheme (LRS), which is expected to enhance global student mobility. This move is seen as a significant step towards empowering India's student community and fostering international collaborations.

Conclusion: The Union Budget 2025-26 presents a visionary roadmap for India's education sector, emphasizing accessibility, skill development, and technological integration. With strategic investments in AI, digital literacy, and higher education infrastructure, the budget aims to equip students with future-ready skills and enhance India's global competitiveness.

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