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Home Corporate Social Responsibility

Budget FY24 Boosts Economic Growth with Focus on MSMEs and AI Ecosystem in India

FY24 Budget Empowers Youth and Boosts Economic Growth in India with Focus on MSMEs and AI Ecosystem

India CSR by India CSR
February 2, 2023
in Corporate Social Responsibility
Reading Time: 1 min read
Nidhi Bhasin, CEO, Nasscom Foundation

Nidhi Bhasin, CEO, Nasscom Foundation

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The continued support and investment in tech-enabled skilling of youth in Industry 4.0 technologies will empower and inspire the youth


NEW DELHI: Nidhi Bhasin, CEO of NASSCOM Foundation, has lauded the recent budget presented in India for its efforts in boosting the economy. Bhasin has emphasized the focus on the MSME sector and the mobilization of resources, which is aimed at creating better livelihoods and entrepreneurship opportunities for women from marginalized communities.

According to Bhasin, the government’s focus on building a strong artificial intelligence (AI) ecosystem and training skilled AI professionals will provide new businesses with access to the right talent. She believes that the continued support and investment in tech-enabled skilling of youth in Industry 4.0 technologies will empower and inspire the youth, particularly from tier 2 and 3 cities, to become future-ready and employable.

In her words, “Such initiatives are a step in the right direction to boost economic growth in India”. Bhasin believes that the budget presented has laid the foundation for a more technologically advanced and economically prosperous future for India.

NASSCOM Foundation is the CSR and Social arm of NASSCOM, the trade association of the Indian IT & BPM industry. The foundation is a non-profit organization that aims to unlock the power of technology by creating access and opportunity for people with disabilities (PWDs), LGBTQIA, trans community, women, children, and anyone who needs it.

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Tags: AI ecosystem Skilled AI professionalsEntrepreneurshipIndustry 4.0 technologiesMarginalized communitiesMSME sectorNASSCOM FoundationNidhi BhasinTechForGoodUnion Budget 2023-24WomenYouth employability

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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