ReferIndia News Union Budget 2026 boosts skilling drive, ministry allocation sees sharp rise

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Union Budget 2026 boosts skilling drive, ministry allocation sees sharp rise

Published on: Feb. 1, 2026, 10:05 p.m. | Source: The Economic Times

The Union Budget 2026-27 provides a substantial boost to India's skilling initiatives. The Ministry of Skill Development and Entrepreneurship receives a significant allocation of over Rs 9,800 crore. This funding aims to modernize Industrial Training Institutes and enhance youth employability. The budget focuses on strengthening the education-to-employment pipeline, creating new opportunities across various cities.

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