Budget 2023 sent positive signals for bridging the gap between the skill-development system and traditional degree education.
Finance Minister Nirmala Sitharaman announced that the District Institutes of Education and Training will be developed for re-formulating teachers’ training through curriculum, professional development, and surveys.
Sitharaman promised to provide stipend to 47 lakh youth in the next three years—a target that will be accomplished through Direct Benefit Transfer initiated under the India National Apprenticeship Promotion Scheme that will be rolled out soon. She announced the establishment of 30 Skill India International Centres in states and the launch of a unified Skill India