Key Points
The biggest issue facing the NDA government is unemployment, which has been highlighted by the Opposition in the recent general election..
The big thrust in Budget 2024 could likely address both the issues...
During the 2024 Lok Sabha Election, the Opposition, led by Congress leader Rahul Gandhi, vigorously highlighted the issue of unemployment as a major point of criticism against Prime Minister Narendra Modi's government...
In this Budget, the NDA government hasn't just focused on employment, but has taken a proactive approach on skilling of the workforce, boosting and engaging with the Medium, Small and Micro Enterprises (MSMEs), keeping up with its promise.. Finance Minister Nirmala Sitharaman announced a Rs 2 lakh crore package, comprising five schemes and initiatives aimed at employment and skilling, under the Prime Minister's scheme to incentivise hiring by taking care of the demand side...
One of the five initiatives, she said, will benefit 4.1 crore youths over a five-year period and in 2024 alone, over Rs 1.48 lakh crore is expected to be spent on education, employment, and skilling upgrade, said Finance Minister Sitharaman...
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