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Finance Minister Nirmala Sitharaman on Sunday while presenting Union Budget 2026-27 announced setting up higher-powered Education to Employment and Enterprises Standing Committee to focus on educational, employment outcomes and assess the impact of emerging technologies, including artificial intelligence, on jobs and skill requirements.
She said the committee will recommend measures with a special focus on the services sector as a core driver of economic growth.
The budget mostly focused on youth and evolving opportunities to fulfill the aspirations of youthful India.
Sitharaman said, “To provide a pathway to fulfilling aspirations of a youthful India with the following measures, I propose to set up a high-powered Education to Employment and Enterprises Standing Committee to recommend measures that focus on the services sector as a core driver of economic growth.”
The Finance Minister emphasised that the services sector holds the potential to position India as a global leader, with a target of achieving a 10 per cent share in the global services market by 2047.
She said the committee will prioritise key areas to optimise the potential for growth, employment generation, and exports.
The standing committee will also assess the outcomes of emerging tech on the labour intensive market. This includes the impact of artificial intelligence on jobs and evolving skill requirements.
The Finance Minister stated "They will also assess the impact of emerging technologies, including AI, on jobs and skill requirements and propose measures thereof".
She said these institutions will cover 10 selected disciplines, including Optometry, Radiology, Anesthesia, Operation Theatre Technology, Applied Psychology, and Behavioural Health. The focus on allied health professions is aimed at expanding employment opportunities while supporting the growing demand for healthcare-related services.
She said the committee will recommend measures with a special focus on the services sector as a core driver of economic growth.
The budget mostly focused on youth and evolving opportunities to fulfill the aspirations of youthful India.
I propose to set up a High-Powered ‘Education to Employment and Enterprise’ Standing Committee to recommend measures that focus on the Services Sector as a core driver of #Viksit Bharat
This will make us a global leader in services, with a 🔟% global share by 2047. The Committee… pic.twitter.com/eoXYEuWeBP
— PIB India (@PIB_India) February 1, 2026
Sitharaman said, “To provide a pathway to fulfilling aspirations of a youthful India with the following measures, I propose to set up a high-powered Education to Employment and Enterprises Standing Committee to recommend measures that focus on the services sector as a core driver of economic growth.”
The Finance Minister emphasised that the services sector holds the potential to position India as a global leader, with a target of achieving a 10 per cent share in the global services market by 2047.
She said the committee will prioritise key areas to optimise the potential for growth, employment generation, and exports.
The standing committee will also assess the outcomes of emerging tech on the labour intensive market. This includes the impact of artificial intelligence on jobs and evolving skill requirements.
The Finance Minister stated "They will also assess the impact of emerging technologies, including AI, on jobs and skill requirements and propose measures thereof".
She said these institutions will cover 10 selected disciplines, including Optometry, Radiology, Anesthesia, Operation Theatre Technology, Applied Psychology, and Behavioural Health. The focus on allied health professions is aimed at expanding employment opportunities while supporting the growing demand for healthcare-related services.
