Why in news
PM Modi emphasized the Union Budget's focus on building a stronger workforce and growing the economy.
Three pillars of investment: The budget focuses on education, skill development, and healthcare to strengthen the workforce.
Budget's Focus
Education transformation: Big changes like the National Education Policy (NEP), expanding IITs, AI integration, and digitization of textbooks are modernizing India’s education system.
Over 3 crore youth have received skill training since 2014.
Plans include upgrading 1,000 ITIs and creating 5 centers of excellence.
The budget plans to add 75,000 medical seats in five years, including 10,000 additional seats in the current budget.
Tourism potential: New opportunities are emerging in health, wellness, and education tourism, alongside growth in hotels and transport sectors.
AI could significantly boost the economy, and the government aims to speed up progress in this sector.
Support for start-ups: The budget includes a ₹1 lakh crore corpus to promote research, innovation, and start-ups.
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