Industry hails Budget's focus on women

Industry experts on Wednesday said the Union Budget’s emphasis on skilling, employment, and enhanced women workforce participation will facilitate job creation and overall growth.

Paid internships and the allocation of budget for schemes to boost women’s participation in the workforce is yet another announcement that is being lauded by the stakeholders. The strategic shift towards employment and skilling is a significant milestone that will facilitate growth in the employment sector in the upcoming five years, they said.

By facilitating higher participation of women in the workforce through various initiatives the government has also opened new doors for the drone industry to bridge the gender gap, said Sharad Khanna, Founder Director, Aebocode Technologies Pvt Ltd.

“This year’s Budget strikes a fine balance between women’s keen fiscal discipline and drivers of economic and social growth. Enhanced initiatives on women's empowerment and education underscore the focus on welfare schemes,” said Rakesh K Singh, Professor and Associate Dean, Academics, IMT Ghaziabad said.