January 24, 2026
Union Budget 2026: New Government Schemes and Employment Linked Incentives for Youth
Union Budget 2026: New Government Schemes and Employment Linked Incentives for Youth The Union Budget 2026 is expected to mark a decisive shift in India’s economic priorities by placing youth employment and future-ready skilling at the center of policy planning. As India approaches the peak of its demographic dividend, the government is focusing not just on job creation, but on employability, formal employment, and long-term productivity. Two initiatives are expected to dominate the employment narrative in Budget 2026:the Prime Minister Internship Scheme (PMIS) and the Employment Linked Incentive (ELI) Scheme, supported by a renewed push toward AI and digital skilling.



