The budgetary allocation to the Ministry of Skill Development and Entrepreneurship has increased by 62%, from Rs 6100 crore in 2025-26 to Rs 9885.80 crore in 2026-27.

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Budget 2026-27 focuses on skilling and upskilling across healthcare and tourism
The Union Budget 2026-27 has focused on skilling and upskilling across the healthcare and tourism sectors, with a 62% increase in budgetary allocation to the Ministry of Skill Development and Entrepreneurship. This move aims to address the skill gaps in these critical industries, which is significant for candidates preparing for competitive exams like UPSC, SSC, and state PSCs.
Revision structure
Key points
Exam-ready takeaways
The increased funding will be used to take up sector-specific skilling in healthcare and tourism industries in a big way.
The finance minister, Nirmala Sitharaman, presented the Union Budget 2026-27 on Sunday.
The focus on skilling and upskilling in these sectors is aimed at addressing the skill gaps and improving the employability of the workforce.
The budget measures are significant for candidates preparing for competitive exams like UPSC, SSC, banking, railway, state PSCs, defence, and teaching.
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