New Delhi: After presenting the Upkeep 2026-27, Union Finance Minister Nirmala Sitharaman has said that this time the upkeep is focused on increasing productivity and generating employment. Speaking to reporters outside Parliament, she said that the main objective of the upkeep is to strengthen the country's economy and provide employment opportunities to the youth.
Sitharaman said that the upkeep is not just an worth of government expenditure, but it is part of a long-term economic strategy. She emphasized that many such measures have been included in this upkeep which will uplift production, skill minutiae and employment generation.
What was said on employment megacosm in the budget?
The Finance Minister said that many schemes have been proposed in the upkeep to promote employment. She specifically said that new industrial policies, biopharma, electronics manufacturing and AI-based training programs will provide new opportunities to the youth. Sitharaman moreover said that this upkeep is welcome for farmers, small entrepreneurs and workers, as it will modernize both the demand and supply sides of employment.
What are the government's plans in the direction of employment?
Sitharaman said that in the budget, investment has been increased in areas like MSME sector, unshut economic zones, and scientific research and technological development. She said that this will strengthen small industries and increase employment opportunities at the local level.
She moreover said that the government will use Artificial Intelligence (AI) and digital technology in both job megacosm and skill training. Its goal is to enable Indian youth to compete on the global stage and contribute to the digital economy.
How will the upkeep modernize productivity?
Sitharaman said the upkeep includes measures to uplift both industrial production and agricultural production. Emphasis has been laid on increasing production capacity, raising new technology and strengthening marketing facilities. She said this step will lead to higher production, largest quality and export potential.
What did she say about the opposition reaction?
When reporters asked well-nigh the reactions of opposition parties, Sitharaman said she welcomed all reactions to the budget. She said that the announcements made in the upkeep are in the interest of the people of the country and with time people will see its benefits. She said that the government working towards minutiae will not be distracted by any differences.
What will be the next steps?
The Finance Minister indicated that without the passing of the budget, the work of implementing the schemes at the departmental level will start rapidly. Along with this, the government will focus on increasingly job creation, skill development, and technical education in the future.
