New Delhi, Feb 1 (UNI) The union Finance Minister on Sunday announced a series of initiatives aimed at strengthening India’s higher education ecosystem and aligning skill development with employment opportunities.
Presenting the Budget proposals, the Finance Minister said the government will invest in setting up new institutes, university townships, girls’ hostels and telescope infrastructure facilities to expand access to quality education across the country.
Highlighting the rapid growth of India’s Animation, Visual Effects, Gaming and Comics (AVGC) sector, which is projected to require nearly two million professionals by 2030, the Finance Minister announced support for the Indian Institute of Creative Technologies, Mumbai.
Under the initiative, AVGC Content Creator Labs will be established in 15,000 secondary schools and 500 colleges nationwide to nurture creative talent and industry-ready skills.
To further bridge the gap between education and employability, the Finance Minister proposed the formation of a high-powered Education to Employment and Enterprise Standing Committee.
The panel will recommend measures to strengthen the services sector as a core driver of economic growth, with a target of achieving a 10 per cent global share by 2047.
The committee will also identify priority areas for growth, employment and exports, while assessing the impact of emerging technologies, including artificial intelligence, on jobs and skill requirements, and suggest appropriate policy measures.
The initiatives are aimed at building a future-ready workforce and positioning India as a global leader in services and creative industries.
