Mr. Ratish Kumar, CFO, ManpowerGroup India
The Budget reinforces the role of services and IT as the primary engines of job creation, with a strong push towards policy clarity and long-term certainty through measures such as a unified IT services framework, common safe harbour margins, automated approvals and five-year continuity. The continued emphasis on trust-based governance, labour code reforms, GST simplification and deregulation will reduce friction for employers, enabling organisations to redirect focus and capital towards sustained hiring and workforce expansion. The creation of a High-Powered Education to Employment and Enterprise Committee, along with investments across digital, AVGC, healthcare, allied services and design, signals a strong commitment to building a future-ready talent pipeline aligned with the vision of Viksit Bharat. Further, investments in rural infrastructure, digital connectivity and logistics will encourage diversification of production capacity into Tier II, Tier III and rural regions, bringing more people into the workforce. This geographic and sectoral expansion is expected to significantly increase demand for flexible and temporary staffing, opening new avenues of growth while supporting inclusive and scalable employment across India.
