This is a well-crafted budget with a serious emphasis on health, education and agri business. One of the key highlights of the proposed Union Budget for FY2018-19 is emphasis on Indian Education system. For any economy to achieve economic and social dreams education plays a pivotal role and it is encouraging to see government’s priority in this space. For India to be able to leverage its strengths and opportunities as a knowledge economy on a global scale, it needs to undertake significant reforms and investments in building education and vocational skills, strengthening its innovation system and promoting new age skills. India has done well in the field of Information Technology by focusing on skill training. Adoption and utilization of project management skills, techniques, and methodologies has played a key role in the global success of India’s IT industry. The need of the hour now is training personnel in project management skills across all other sectors. With this India has the potential of becoming the export capital of skilled project managers across the world for infrastructure, construction, healthcare, telecom and many other project oriented industries and not just limited to IT and ITeS industry.
Setting aside Rs. One lakh crore in the next four years for revitalizing current education infrastructure and technology across the country over the next four years. will be a stepping stone to fast track job creation and overall to achieve a 8% plus GDP growth on a sustained basis.