Prime Minister's Address on Post-Budget Implications
On March 5, 2025, Prime Minister Narendra Modi addressed a post-Budget webinar emphasizing employment and economic growth.
Vision for Workforce and Economy
- Three Pillars: Education, skill, and healthcare form the foundation of investment in people.
Transformation in Education
- Implementation of the National Education Policy (NEP) and expansion of IITs.
- Integration of technology and use of Artificial Intelligence (AI) in education.
- Digitization of textbooks and provision of learning materials in 22 Indian languages.
Skill Development Initiatives
- Over three crore youth trained since 2014.
- Plans to upgrade 1,000 Industrial Training Institutes (ITIs) and create five centers of excellence.
Healthcare Initiatives
- Announcement of 10,000 additional medical seats.
- Plan to add 75,000 medical seats in the next five years.
Tourism Opportunities
- Promotion of health tourism utilizing yoga and wellness.
- Emphasis on potential in education tourism.
Artificial Intelligence and Economic Growth
- AI sector could potentially add several lakh crores to the economy.
- ₹500 crore allocated for AI-driven education and research.
- Establishment of the National Large Language Model for AI capabilities.
Promotion of Start-ups and Research
- Announced a corpus fund of ₹1 lakh crore for research and innovation.
- Provision of 10,000 research fellowships in the IITs and the IISc.
Preservation of Historical Knowledge
- Conversion of more than one crore manuscripts into digital form under the Gyan Bharatam mission.
- Creation of a national digital repository for global access to India's traditional knowledge.