Budget 2026: Govt to set up AVGC labs in 15,000 schools, 500 colleges

Published : Feb 01, 2026, 01:30 PM IST
Nirmala Sitharaman (Photo/ANI)

Synopsis

In her Budget speech, FM Nirmala Sitharaman announced a major push for the AVGC sector, with plans to set up labs in 15,000 schools and 500 colleges. The goal is to train youth for an estimated 2 million jobs in the industry by 2030.

Major Push for AVGC Sector in Budget 2026

Presenting her ninth consecutive Budget in Parliament, Sitharaman said the Centre plans to support the Indian Institute of Creative Technologies, Mumbai, in setting up Animation, Visual Effects, Gaming, and Comics (AVGC) Content Creator Labs in 15,000 secondary schools and 500 colleges nationwide.

The move is aimed at preparing young Indians for careers in a sector projected to need two million professionals by 2030.

"India's Animation, Visual Effects, Gaming and Comics AVGC sector is a growing industry," the Finance Minister said, underlining the need for early exposure and structured training to meet future workforce demands.

The proposed labs are expected to focus on hands-on learning and skill development aligned with industry requirements.

The announcement places the AVGC sector firmly within the government's broader vision of "Viksit Bharat" (Developed India), the central theme of the Budget presented on Sunday, February 1, 2026. The Budget speech highlighted infrastructure expansion, strategic manufacturing, and education reforms as key pillars of long-term growth.

New National Institute of Design for Eastern India

In a related push to strengthen creative and design education, Sitharaman also announced that a new National Institute of Design will be established in Eastern India through a challenge-based route. The initiative aims to address the rising demand in the Indian design industry and expand access to high-quality design education.

University Townships to Link Education with Industry

Beyond creative industries, the Budget outlined plans to support states in developing five university townships near major industrial and logistics corridors. These integrated academic zones will house multiple universities, colleges, research institutions, skill centres and residential facilities, linking higher education more closely to industry needs.

(ANI)

(Except for the headline, this story has not been edited by Asianet Newsable English staff and is published from a syndicated feed.)

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