Anchored in the government’s vision of Sabka Saath, Sabka Vikas, the budget is structured around three overarching “kartavyas” or duties: accelerating economic growth, building people’s capacities, and ensuring inclusive access to resources for all families, communities and regions.
The budget aligns with the government’s vision of Sabka Saath, Sabka Vikas, outlining three key “kartavyas” or duties: accelerating economic growth, building people’s capacities through education, skills, and health, and ensuring inclusive access to resources for all.
The Employment and Social Trends 2026 flagship report highlights deepening structural weaknesses in labour markets that threaten progress on sustainable development and social equity.
India has set an ambitious goal of raising female labour force participation to 55 per cent by 2030, marking a major step toward unlocking the country’s demographic dividend and achieving inclusive economic growth.
According to the investment bank, India is on course to achieve average annual GDP growth of 6 to 6.5 per cent over the next decade – one of the fastest rates globally. However, this pace may not be enough to meet the employment aspirations of the country’s rapidly expanding working-age population, which will swell by nearly 100 million over the next ten years.
While male participation in the labour market remained largely steady, dipping only slightly from 48.1 million to 48.0 million, female participation plunged more markedly – from 25.3 million in 2023 to 23.7 million in 2024.
As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.
As South Asia grapples with climate vulnerabilities, economic disparities, and historical animosities, initiatives like COVA’s video competition offer a beacon of hope.