Budget 2026 Expectations Updates: ‘Inclusive Growth Driven by Investments in Education, Skilling and Employment’

Budget 2026 Expectations Updates: As India prepares for Union Budget 2026, education leaders are calling for a strong focus on inclusive growth powered by investments in education, skill development and job creation.

Prof. (Dr.) Daviender Narang, Director of Jaipuria Institute of Management, believes that Budget 2026 should prioritise human capital to build a future-ready workforce and ensure long-term economic stability.

Education, Skilling and Employment: The Growth Engine

According to Prof. Narang, sustainable growth is only possible when India invests in its people.

Key Focus Areas for Budget 2026

• Strengthen higher education and management institutes
• Expand skill development programmes aligned with industry needs
• Promote employability through internships and apprenticeship schemes
• Support digital learning infrastructure

These measures will prepare India’s youth for emerging sectors such as AI, renewable energy, fintech and advanced manufacturing.

Boost MSMEs, Startups and Digital Infrastructure

Prof. Narang highlights that inclusive growth must be supported by a strong innovation ecosystem.

Budget Expectations

• Easier credit and incentives for MSMEs
• Policy support for startups and entrepreneurship
• Investment in digital infrastructure for Tier-2 and Tier-3 cities

This will accelerate innovation, decentralise growth and create millions of jobs across the country.

Rational Taxation and Inflation Control for Middle-Class Relief

To sustain consumption and economic momentum, Budget 2026 should focus on:

• Rationalising income tax to increase disposable income
• Controlling inflation through fiscal discipline
• Reducing compliance burden for businesses

Middle-class relief will directly boost demand and support economic growth.

A Balanced, Reform-Oriented Budget

Prof. Narang believes Budget 2026 must strike the right balance between:

✔ Growth and stability
✔ Welfare and reforms
✔ Investment and fiscal discipline

Such a balanced approach can accelerate India’s economic growth while ensuring long-term sustainability.

Read More : Budget Expectations Updates: What Is the Union Budget?

Final Thoughts

Union Budget 2026 is a powerful opportunity to build an inclusive growth model centred on education, skills and employment.

By investing in people, supporting MSMEs and startups, and providing middle-class relief, India can unlock its next phase of economic transformation.

Disclaimer: This article is for educational and informational purposes only.