The Economic Survey 2024-25 underlines the need for workforce training and institutional development to put India in the top league of AI and overcome the challenges of unemployment faced by low-value-added jobs. Before the government presents the budget 2025-26 today, the economic survey by the government of India aims to inform the public about the government’s vision regarding various issues.

The Economic Survey highlights the importance of developing social infrastructure comprising 3 sorts of institutions namely, enabling, insuring, and stewarding institutions—as a key measure to harness AI for workforce training. This infrastructure will support the transition of our workforce to medium- and high-skill jobs, where AI can enhance their efforts rather than replace them.

2025-26 Budget Expectations: Tackling Challenges 

The Economic Survey points out several challenges that AI developers must address before widespread adoption can occur. First, practicality and reliability are key issues that need to be resolved. Second, significant infrastructure is required for scaling AI, which takes time to establish. Lastly, AI models must focus on improving efficiency without sacrificing performance.

2025-26 Budget Expectations: Dream of Augmented Intelligence

The Economic Survey 2023-24 highlights that India’s employment challenge goes beyond sheer numbers, focusing also on improving the overall quality of its workforce. In this regard, the future of work centers on 'Augmented Intelligence,' where human and machine capabilities work together. 

This approach seeks to enhance human potential and boost efficiency in job performance, benefiting society as a whole. With its young, dynamic, and tech-savvy population, India is well-positioned to build a workforce that leverages AI to enhance both productivity and work outcomes.

As the government gets ready to present the Union Budget 2025-26, spirits on the giving end seem high with an all-grounded approach to what the reality revolves around today in the global space of AI.