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Education Got Rs 1.48 Lakh Crore In BUDGET 2024
Education Got Rs 1.48 Lakh Crore In BUDGET 2024
Union Budget
2024
Union Budget
2024
24 July 2024
There is an allocation of Rs 1.48 lakh crore for education, employment, and skills in the Union Budget 2024-25
Presenting the budget, Nirmala Sitharaman said that Budget 2024 would focus on employment, skills, MSMEs, and the middle class.
The government will launch internship opportunities for 1 crore youth in the top 500 companies.
Firstreport.news
Under the internship scheme, youth will get an internship allowance of Rs 5000 per month and lump sum assistance of Rs 6000.
The government will also provide financial assistance for loans up to Rs 10 lakh for higher education in domestic institutions.
Higher participation of women in the workforce will be ensured by promoting hostels and crèches.
Firstreport.news
The government will implement three schemes for employment-related incentives.
Firstreport.news
The incentives will be based on enrollment in the EPFO and focus on recognizing first-time employees.
One month's salary will be given to all new entrants to the workplace in all formal sectors.
210 lakh youth are expected to benefit from this scheme.