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.