Budget Reaction: Education Sector Embraces Digital & Skill Growth

Aatash Shah, SVP & Business Head, Manipal Academy of BFSI, an edtech arm of Manipal Group

The Union Budget 2026 takes a steady and practical approach towards the financial sector, reflecting a focus on stability and long-term reform. It emphasizes on stronger banks, better asset quality and efficiency improvement through system reviews and NBFC consolidation.

The announcement of a high-level banking committee for Viksit Bharat points to a consultative approach with financial inclusion and consumer protection which creates a more predictable and disciplined environment for financial institutions.

Over time, such calibrated measures can support growth and gradually strengthen assurance across the BFSI sector.