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Budget 2026: Finance Minister Nirmala Sitharaman presented the Union Budget for 2026-27 on Sunday. This budget aims to boost several sectors. Before the budget, Prime Minister Narendra Modi stated that this budget would be a budget for a developed India. Consequently, the government has focused on several sectors, particularly those related to pharmaceuticals and AI. Several announcements related to education and employment were also made in this budget, including discussions on new institutions, universities, employment, and other issues.

Presenting the budget, Finance Minister Nirmala Sitharaman stated that the government is developing specific plans for six key sectors, including manufacturing, strategic and frontier sectors, healthcare, and advanced technology. She stated that the government's commitment to focusing solely on the poor, disadvantaged, and marginalized communities is clear. This budget has been prepared with this vision in mind.

Let's explore the highlights of this budget in the areas of education and employment.

Budget 2026 includes several major announcements related to pharmaceutical education. The government has proposed opening three new National Institutes of Pharmaceutical Education and Research (NIPER) across the country. Additionally, the existing seven institutes will be further enhanced.

To strengthen research and innovation in the pharmaceutical sector, the government will establish a network of 1,000 accredited clinical trial centers across the country. This will provide new employment opportunities for medical and research professionals.

The government has also announced support for professional institutions such as the ICAI, ICSI, and ICMAI in this budget. These institutions will develop short-term and modular courses focused on practical training and relevant tools. This will create a strong team of corporate friends in Tier 2 and Tier 3 cities, boosting professional support and skill development in these cities.

To promote tourism, the government will deploy 10,000 guides at 20 tourist destinations. To this end, training centers will be established, providing employment opportunities to thousands of youth living in these areas, and professional training will also be provided through these training centers.

The central government will support the development of five university townships around major industrial logistics centers. These townships will house several universities, colleges, accommodation for students and staff, as well as comprehensive research infrastructure. This will develop academic, research, and industry under one roof, ensuring the convergence of education and employment opportunities.

Content creators' labs will be established in 15,000 schools across the country. The government will support the Indian Institute of Creative Technology, Mumbai, for this purpose.

The central government has proposed building a girls' hostel in every district of the country. This means that a large number of new hostels will be built in the future. This initiative aims to make education easier and safer for girls so that they do not face any accommodation problems while attending schools, colleges, or other educational institutions.

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