Shares of education-to-employment and enterprise companies jumped after Finance Minister Nirmala Sitharaman announced the setting up of a High-Powered 'Education to Employment and Enterprise' Standing Committee. The panel will recommend measures to strengthen the services sector as a core driver of India's growth and global competitiveness.
Shares of Virtual Global Education surged 6.38%, Physicswallah gained 2.64%, Career Point Edutech rose 1.28%, Zee Learn added 0.78%, and Aptech advanced 0.59%.
In her statement, the Finance Minister said the committee will prioritise areas to optimise growth, employment, and exports. It will also assess the impact of emerging technologies, including artificial intelligence, on jobs and skill requirements, and propose measures to prepare the workforce accordingly. The initiative is aimed at positioning India as a global leader in services, targeting a 10% share of the global services market by 2047.
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