CareEdge's Rajani Sinha Urges Budget 2026 to Boost R&D, Harness Demographic Dividend

• CareEdge's Rajani Sinha recommends Union Budget 2026 prioritize R&D and leveraging India's demographic dividend for long-term growth.
• India's R&D spending is low (0.7% of GDP) with limited private sector involvement (36%), needing a culture of innovation.
• Sinha emphasizes productively employing the large workforce by skilling them and shifting from agriculture to higher-value sectors.
• Diversifying the services sector beyond IT, into areas like tourism, is crucial for job creation.
• Encouraging FDI through land reforms, eased regulations, and improved ease of doing business is vital for growth.

Why It Matters: Budget 2026 must focus on R&D, demographic dividend, and FDI for India's sustained economic leap.