Budget 2024-25: In the Budget 2024-25, Union Finance Minister Nirmala Sitharaman highlighted a strong focus on employment and skilling. The budget outlines a comprehensive approach to enhancing job opportunities, with significant investments directed toward youth employment and skill development.
Prime Minister’s Package Announced
Sitharaman introduced the Prime Minister’s package comprising five new schemes designed to support employment, skilling, and economic opportunities. This initiative aims to impact 4.1 crore youth over the next five years, reflecting a robust commitment to job creation and skill enhancement.
Central Outlay of Rs. 2 Lakh Crore
The budget allocates a central outlay of Rs. 2 lakh crore for these initiatives. This substantial investment underscores the government’s dedication to fostering economic growth and providing ample opportunities for the youth to thrive in various sectors.
Middle Class and MSMEs Targeted
The budget also addresses the needs of the middle class and micro, small, and medium enterprises (MSMEs). By focusing on these key areas, the budget aims to create a supportive environment for economic stability and growth, ensuring broader benefits across the economy.
