BUDGET 2024: Reaction from Comviva
“Today’s budget announcement by the government, which focuses on skill development and employment, is a much-needed move towards improving human capital and generating job opportunities for young people. With many graduates entering the workforce annually in India, it is vital for the government, industry, and academia to work together to upskill and reskill these young individuals to meet the needs of the industry amid rapid technological changes. We welcome the government’s plan to train 10 million youths over the next five years, collaborating with 500 leading companies across the country which will really provide them with real-world work experience. At Comviva, we acknowledge the vast potential young people bring to the workforce and have launched initiatives such as a finishing school for college graduates. In this direction we have also signed several MoUs with leading technology universities in Bhubaneshwar to equip students with practical skills that align with current industry requirements. We are confident that this initiative by the government fine-tunes new employees’ existing skills, making them more applicable and valuable for the company.”
Vaishnavi Shukla, HR Head, Comviva