Prof Mahadeo Jaiswal, Director, IIM Sambalpur's Quote On The Pre-Budget 2024

Prof Mahadeo Jaiswal, Director, IIM Sambalpur, said, “As we approach the Monsoon Budget 2024, it is imperative to align our educational priorities with the evolving demands of the industry. The increase in allocation for the Higher Education Department to ₹47,619.77 crore is a welcome step, reflecting a commitment to strengthening our academic infrastructure. However, we must also address the stark disparities highlighted by the recent UDISE+ and National Achievement Survey data, which show significant challenges in our education system, particularly in states like Odisha.
I believe that this budget should emphasize providing access to quality education, fostering innovation, and developing skills that address global challenges. Enhancing infrastructure and resources, capacity building, encouraging innovation and research through increased funding and grants, expanding upskilling and reskilling programs to meet the needs of a dynamic job market are essential steps. By focusing on these areas, we can cultivate future leaders capable of steering India towards a skill-based and sustainable future. We look forward to the support and vision for the upcoming budget."
Budget support may also be provided to build entrepreneurial capacity for traditional micro industries such as handloom, handicraft and tech agriculture.