By:  Mr. Roy Aniruddha, Co-Founder & Chairman of TechnoStruct Academy

“The Union Budget 2025–26 allocated ₹1.28 lakh crore to education, including ₹20,000 crore for private R&D and ₹500 crore for AI Centres of Excellence. Despite this, results remain limited: India produces 1.5 million engineers each year, yet only 42.6% are employable (Mercer-Mettl 2025). R&D spending is just 0.7% of GDP, and nearly 99% of graduates from non-elite institutions struggle due to outdated, theory-heavy curricula that lack practical skills like BIM, VDC, and advanced manufacturing. The construction sector alone loses over ₹1.5 lakh crore annually due to digital skill gaps.

Budget 2026 must focus on vocational engineering skills rather than just credentials. Key measures should include lowering GST on skill-based courses to make them more affordable, offering tax incentives for industry-led skilling platforms and digital labs, and launching a National Construction Tech Skilling Mission with hands-on project learning and apprenticeship programs. Industry-aligned vocational training already achieves up to 95% placement for non-elite graduates. Targeted skilling reforms are essential to improving employability, boosting productivity, and driving long-term economic growth.”