Dr. Subir Verma, Director – FORE School of Management, provides his insights on India’s Union Budget 2025
The Union Budget for 2025, under the visionary leadership of our honorable Prime Minister, is dedicated to accelerating growth and sustaining our economy to remain one of the fastest-growing in the globe, driven by our aspirations for a ‘Viksit Bharat.’ The establishment of five National Centres of Excellence for Skilling marks a pivotal step in equipping our youth with the skills needed for global opportunities, ensuring they are well-prepared to meet the demands of an evolving job market.
The commitment to global skilling partnerships further positions India as a key player in the international manufacturing landscape, building innovation and collaboration with global industry leaders.
The proposal to remove TCS on education remittances funded through loans will significantly alleviate financial burdens for families, making global education more accessible and encouraging students to pursue their aspirations without the added tax burden. This move not only supports individual growth but also enhances India’s reputation as a hub for skilled talent.
Overall, this budget demonstrates a balanced vision for fostering a skilled workforce, driving sustainable economic growth, and empowering the next generation to thrive in a competitive global environment.
About FORE School of Management, New Delhi
The Foundation for Organisational Research and Education (FORE) is a premier institution committed to advancing Management Education, Research, Training, and Consultancy. Established in 1981 as a non-profit institution, FORE collaborates with industry and academia to develop future-ready leaders.
Located in South Delhi, FORE fosters contextual learning and prepares students to tackle corporate challenges through problem-solving, analytical reasoning, creativity, and innovation. The institute boasts renowned faculty, modern infrastructure, and cutting-edge resources across disciplines such as General Management, Human Resources, Finance, Marketing, Operations, IT, Economics, and International Business.
About Dr. Subir Verma
Dr. Subir Verma, Director of FORE School of Management, is a distinguished academic and industry expert with 33 years of experience in Organizational Behavior. He is a Fellow (Ph.D.) from IIM Ahmedabad and has held leadership roles at IIM Ranchi, Nirma University, IMI Delhi, and MDI Gurgaon.
His expertise spans Organization Design, Change Management, HR Policy, and Leadership Development, having conducted 100+ leadership programs for Maharatna & Navratna PSUs, nationalized banks, Indian Postal Service, and Jharkhand Police. He has also consulted for top global and domestic corporations, facilitated international Advanced Management Programs (AMP) for ONGC, RBI, NTPC, and Power Grid, and authored six books including “Role of Boards – Building Sustainable Competitive Edge” published by Sage.
Dr. Verma’s thought leadership has been presented at prestigious forums such as Academy of Management, European Group of Organization Studies, and International HRM Conferences, contributing significantly to global management education and research.
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