Union Finance Minister Nirmala Sitharaman... ... Union Budget 2024 Live Update

Union Finance Minister Nirmala Sitharaman presented a proposal to create jobs for almost 4.1 crore young people over the next five years during her budget speech. This program has been given Rs 2 lakh crore by the government.

The finance minister also suggested spending Rs 1.48 crore to train residents to generate employment possibilities; the objective is to train 20 lakh youth in five years. Additionally, she declared that 1,000 industrial training facilities would be upgraded. Sitharaman suggested offering all new hires in all industries a one-time salary, with Direct Benefit Transfer (DBT) being used to administer the incentive. Over a five-year period, the finance minister announced the opening of internship opportunities for one crore youth in 500 firms.