Budget may focus on skilling youth

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With “jobless growth” being a persistent feature of official statistics over the past decade, the Union Budget is being keenly watched for measures to spur employment and skilling, particularly in the context of increasing urbanisation.
The Budget is expected to tackle this area of concern that the Modi government has inherited from the UPA and which was highlighted by Congress in its critique of the economy released by former PM Manmohan Singh and former finance minister P Chidambaram. The government has been engaged with the issue of creating more quality jobs and this has been an important part of Niti Aayog’s task and the Budget is expected to reflect initiatives to improve opportunities for the youth.