Boosting Employment: India's Finance Minister Unveils Incentives
Employment-Linked Schemes for Job Creation
Eligible Sectors and Beneficiaries
To stimulate employment growth, Finance Minister Nirmala Sitharaman announced three employment-linked incentive schemes in the Union Budget for 2024-25. These schemes aim to encourage additional employment in specific sectors, particularly for first-time employees. Both employees and employers will benefit from the incentives.
Expected Impact
Projected Beneficiaries
The schemes are expected to benefit approximately 30 lakh young people seeking employment and their respective employers.
Budget Tracking
Real-Time Updates
Stay updated on the latest Budget 2024 developments with BT's live coverage. The initiatives unveiled by Finance Minister Sitharaman seek to enhance employment opportunities across various sectors, fostering economic growth and empowering the workforce.
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