AI has changed skilled jobs and hiring new recruits: Nirmala Sithraman
New Delhi: Artificial Intelligence (AI) has disrupted the requirement for skilled jobs and hiring equally, apart from the current situation of global economic slowdown, Finance Minister Nirmala Sitharaman told Network18 Editor-in-Chief Rahul Joshi in an interview.

“The kind of job requirements that are expected of new recruits are also changing. So the people with old skillsets are now expected to have additional newer skillsets for entering into a certain area which till now did not exist,” Sitharaman said in the interview on Friday, a day after she presented the Interim Budget for 2024-25.
She added, “There are a lot of calibrations required in understanding this.”
The Central government has been proactively taking initiatives and launching programmes aimed at upskilling people, providing reskilling opportunities, and ultimately boosting their employability while also creating job prospects.
During her budget speech on February 1, Sitharaman announced that, through the Skill India Mission, the government has successfully trained 1.4 crore youth, upskilling and reskilling 54 lakh individuals to date.
She also highlighted that the government has “established 3,000 ITIs and major institutions of higher learning, including 7 IITs, 16 IIITs, 7 IIMs, and 15 AIIMs, along with the setup of 390 universities.”
In September 2023, the government introduced the Skill India Digital Platform, consolidating all skilling initiatives under a single umbrella.
The platform aims to provide comprehensive skill development and entrepreneurial support to the populace.
It will offer access to over 264 skilling courses from 42,623 centres nationwide, facilitating opportunities for job exchange, apprenticeship, and entrepreneurship.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles

CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.

JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.

LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).

De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News

TVK leader booked for social media post urging ‘Gen Z revolution’ after Karur tragedy

PoK protests: Agitation escalates as civilians toss containers into river, clash with Pakistani forces

Nine Assam workers killed in accident at Tamil Nadu power plant site, PM Modi announces compensation

Denmark to tighten student visa rules, restrict family entry for Bangladeshi and Nepali applicants
