Neelabh Shukla, Chief Business Officer, Careernet, said, “Budget 2026 clearly makes the services sector the next driver of job creation and ambition-based growth, particularly in a technology-based economy. The renewed emphasis on emerging technologies, including AI and missions in quantum or research-based innovation, recognises that the future of job creation will be increasingly skill-based rather than volume-based.”
The High-Powered Education to Employment and Enterprise Standing Committee will recommend measures to strengthen the sector as a core engine of job creation and business expansion.
About the proposed committee Shukla said, “It is a timely intervention, as it formally links learning outcomes, employability, and enterprise creation, which are especially important in the face of AI redesigning job descriptions across services.”
Neeti Sharma, CEO, TeamLease Digital called the committee a “good move to bring all stakeholders together and ensure that the ecosystem works jointly towards a better employable future for our youth.”
The Budget also outlines the launch of new career skill pathways designed to align education and training with evolving industry needs, enhancing employability across sectors.
Sharma said, “Unemployability has been a bigger challenge than unemployment in India. Education integrated with skills leading to employment is the only way to improve employability and employment for the youth of our country.”
The proposals made in Budget 2026 will “help bring higher value jobs to India from global organizations and will further strengthen our presence across sectors such as IT, GCCs, BPMs, KPOs, Engineering, Healthcare amongst others,” she added.
Additional initiatives include content creator labs in schools and colleges and the expansion of Ayurveda-focused institutions, aimed at supporting jobs in both emerging and traditional industries.
