Business

Budget reaction: Rustom Kerawalla, Founder Chairman, VIBGYOR Group of Schools

We, like the rest of India, welcome Budget 2021 with open arms. This budget is highly significant, as it comes at a time when Indian industry is beginning to rebound from the unprecedented contraction caused by the COVID-19 pandemic, and our goal needs to be to help the country get back on track as the world’s fastest-growing economy, by boosting the spending on education, skilling, and apprenticeship.

The budget has correctly highlighted the imperative for greater emphasis on innovation, research, and development, which are crucial to helping India reach the aspirational goal of becoming a $5 trillion economy. Focusing on the amplification of emerging technologies can help create a world-class education ecosystem in the country and equip future Indian professionals with the required skills and competencies to navigate the data-driven world of tomorrow. We look forward to working with the Indian government on realizing these and other goals, such as inclusivity and accessibility in education, and appropriately harnessing the potential and skills of our youth, which will solidify our country’s position as a top economy and leader of the future.

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