Union Budget 2021: Skilling Trends In 2021 And Budget Expectations Of The Sector

Union Budget 2021 India: Upskilling, relearning and digital literacy will be business imperatives in 2021 that need to be backed by an overhaul in Budgetary outlays of skilling programmes.

Indian Union Budget 2021-22: As companies embark on their 2021 journey with high hopes of adapting fully to the new normal, upskilling and relearning are catchwords. Although digital disruptions of the past decade had already made both terms buzzwords of the business world, pandemic-induced headwinds have seen them emerge as one of the differentiators between successful entities and the also-rans.

The 2021 Workplace Learning Trends Report, Udemy for Business reveals that an estimated 14% of the workforce was upskilled in 2019 against 38% in 2020. The report notes that while robust mental health and strong productivity skills were quintessential traits of successful leaders, today, these are critical across the entire organisation.

Source: Financial Express

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