Union Budget 2014-15: Focus on skill development encouraging, says Vivek Nath

Business Today spoke to Towers Watson India MD Vivek Nath on what he thinks about Finance Minister Arun Jaitley's Budget for 2014-15 -

"It is extremely encouraging to note the new government's focus on skill development and education in its comprehensive budget.

 

FULL COVERAGE: Union Budget

Creating jobs is only one part of the equation for employment in developing India - workers must also have the skills to perform them. With over 12 million youth joining the workforce each year, bridging the skill gap is a critical issue facing the nation.

The Rs 100 crore allocated for a start-up programme for rural youth is another move in the right direction that will encourage home-bred innovation as well as create more jobs.

BUDGET SPEECH: Full text | Video

The government must follow a transparent and multi-sector approach to ensure that the Budget announcement meets its stated objective and chart the path for a new confident India."

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