What do the youth of the country expect from Budget 2025, will there be a big announcement for employment generation?

New Delhi| One of the most important areas for the Government of India while presenting the budget will be related to youth employment and women empowerment. It is very likely that these two areas will receive priority in the upcoming Budget 2025. However, for some time now, issues like recruitment exams and paper leaks have been dominating the country. In such a situation, the government can keep more focus on the youth.

What do the youth expect from the budget?
Unemployment has been a major concern for a large section of the youth. Based on the most recent annual PLFS report, the estimated unemployment rate for youth aged 15-29 years in India during 2023-24 was 10.2%. The lack of employment opportunities has led to increased competition for currently available jobs. An effort to increase employment opportunities for young people can be expected in the forthcoming Budget 2025.

Which sectors will get priority for employment generation?
Technology and energy are two areas where job creation can be expected. With the advent of AI (Artificial Intelligence) and the subsequent demand for GPUs (Graphic Process Units), the technology sector can be an important area for improving employment. In the upcoming budget, other rapidly growing sectors like energy and pharmaceuticals can also be considered to increase employment.

Will there be emphasis on removing skill shortage for employment?
Another way to reduce skill shortage in employment can prove helpful in improving the young unskilled labor force. Budget 2025 could focus on providing young people with the skills they need. Initiatives to provide relevant skills in areas such as energy and technology could be considered in the upcoming Budget 2025.

What to expect from Budget 2025?
The upcoming Budget 2025 is going to be an important moment for India’s economic progress, with emphasis on youth expected. The Finance Minister is expected to keep in mind the burning issue of youth unemployment and focus on employment generation in emerging sectors like technology and energy in the budget. A strong skill development program can also be announced in Budget 2025.