Finance Minister Nirmala Sitharaman proposed establishing a High-Powered ‘Education to Employment and Enterprise’ Standing Committee during her Union Budget 2026 presentation. This strategic initiative targets the services sector as Viksit Bharat’s core growth engine, aiming for a 10% global services share by 2047.
Services Sector as Global Leader
The committee will recommend measures to unlock services sector potential, prioritizing high-growth areas for employment generation and export expansion. By positioning services as India’s competitive advantage, it addresses evolving global demands in IT, finance, healthcare, and digital services while fostering inclusive economic participation.
AI and Emerging Tech Skill Mapping
A key focus assesses artificial intelligence and emerging technologies’ impact on job markets and skill requirements, proposing proactive reskilling frameworks. This forward-looking approach ensures India’s workforce remains competitive amid digital transformation, bridging education-employment gaps through targeted vocational training and industry alignment.
Enterprise Ecosystem Development
Recommendations will optimize growth pathways for service enterprises, from startups to scale-ups, creating millions of quality jobs. The initiative complements Budget 2026’s MSME support, SAMARTH 2.0 skilling, and infrastructure push, building a resilient talent pipeline for sustained economic leadership.
