The Union Budget 2026-27 has laid strong emphasis on youth empowerment, inclusive development, and technology-driven growth, positioning human capital as a central pillar of India’s long-term economic strategy. With focused investments in skilling, MSMEs, digital infrastructure, and regional development, the Budget aims to create sustainable employment opportunities while strengthening India’s innovation ecosystem.
Welcoming the government’s forward-looking approach, Jyoti Sharma, Chief Executive Officer, Nasscom Foundation, said the Budget reflects a timely and people-centric vision for India’s next phase of growth.
Focus on Youth, Skills, and Employability
Commenting on the Budget’s emphasis on human capital development, Sharma highlighted the importance of aligning education, employability, and enterprise creation. She said, “The Yuva Shakti- driven Budget sets a strong and timely direction for India’s next phase of growth by placing youth and inclusive growth through technology-driven initiatives at the centre of national development.
We welcome the proposed ‘Education to Employment and Enterprise’ Standing Committee, which recognises the need for a cohesive, outcomes-driven approach especially for the services sector and the evolving impact of AI on jobs.”
She added that the initiative signals a renewed focus on strengthening India’s skilling ecosystem through an integrated employability framework. “This signals a continued focus and strengthening of our skilling ecosystem through an integrated employability framework that closely aligns with Nasscom Foundation’s mission of building a future-ready, inclusive talent pool for India,” she stated.
Empowering Marginalised Communities Through Technology
Sharma also welcomed the Budget’s strong focus on social inclusion and grassroots empowerment, particularly for women and persons with disabilities. She noted, “We are also encouraged by the Budget’s focus on empowering marginalized communities. The creation of Self-Help Entrepreneur (SHE) Marts marks a meaningful transition from livelihood support to women-led enterprise ownership, positioning women as key drivers of local economic growth.”
She further highlighted the significance of targeted initiatives for persons with disabilities. “Alongside this, initiatives such as the Divyang Kaushal Yojana strengthen the pathway for inclusive skilling and dignified livelihoods for Persons with Disabilities, an area central to our work at the grassroots,” Sharma added.
Strengthening Regional and Digital Inclusion
The Budget’s emphasis on MSMEs, technology adoption, and expansion of opportunities in Tier II and Tier III cities has been widely welcomed by industry and social impact leaders. These measures are expected to deepen digital penetration, enhance access to quality education and employment, and promote balanced regional growth.
Sharma emphasised that these initiatives resonate strongly with Nasscom Foundation’s long-term vision. She said, “Overall, the Budget 2026-27, with its emphasis on youth, skills, MSMEs, technology and expanded opportunities in Tier II and Tier III India, strongly resonates with our vision of bridging the digital divide and advancing towards a Viksit Bharat.”
𝐒𝐭𝐚𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐛𝐲 𝐣𝐨𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 WhatsApp Channel now! 👈📲
𝑭𝒐𝒍𝒍𝒐𝒘 𝑶𝒖𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑴𝒆𝒅𝒊𝒂 𝑷𝒂𝒈𝒆𝐬 👉 Facebook, LinkedIn, Twitter, Instagram
