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Budget 2023-24 Expectations: Need to invest more in youth empowerment

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January 24, 2023
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The much-talked-about demographic dividend of India (40% of India’s population is in the age bracket of 18 or below), with over 350 million young people, requires concerted efforts by all stakeholders toward realizing the potential of young people. The country needs to spend a great deal on education feel education & Skilling Industry voices.

“The concern of all academicians, people in the education sector has been the lack of funds. I think the government has to really rethink investing in the future, it should invest in the education sector. This will definitely give us a positive outcome and rewards in years ahead.” –Damayanti Bhattacharya, Principal of Jasudben ML School and Bloomingdales Pre-Primary

We are hopeful that substantial focus and resources will continue to be channelled toward young people’s needs and aspirations. In the long term, these investments and efforts will yield results for young people and India. This will be a step forward towards achieving the vision of the National Youth Policy as well as the Sustainable Development Goals, while ensuring young people are able to make the most of the opportunities generated in the process.” –Dhuwarakha Sriram, Chief of Generation Unlimited (YuWaah) and Youth Development and Partnerships at UNICEF

 “Vocational Education is an important area, which requires decisive effort from the government. The whole concept of vocational education will be relevant only when secondary-level education in the vocational space is linked to higher education. We would like government to recognize and encourage a continuum of vocational education from the school level to Higher Education Institute through the 3 Year B.Voc  (Under-graduate program) and postgraduate programme relating to the National Skills Qualifications Framework (NSQF) skill- level 4.5, 5.5,6.7 and 7. This will enhance the employability.” – Prof. Madhushree Sekher, Dean, School of Vocational Education, TISS, Mumbai

 “One of our main expectations from the union budget this year is the government sets up a central committee or a board that can tackle the cases of exam paper leaks, especially in government exams. We hope strict action is initiated to avoid any malpractice in these examinations. It destroys the efforts of millions of aspirants and wastes the time and resources of recruitment boards and state governments. We also hope that provisions are put in place to fill appointments in vacant posts in various government departments. We believe that the Finance Minister can announce the creation of an unemployment board at the union level: that will offer an agency for unemployed youth to voice the challenges/issues they face and find resolutions.”

Dr. Nirmal Gehlot, CEO and Founder, Utkarsh Classes

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