The central government will provide incentives to 30 lakh youth entering the job market by providing one month's PF. Image used for representation.  
Business

Govt to launch three employment-linked schemes, says Finance Minister

Finance Minister Nirmala Sitharaman said the government will provide incentives to 30 lakh youth entering the job market by providing one month's PF.

PTI

NEW DELHI: The government on Tuesday said it will launch three employment-linked schemes.

While presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman said the government will provide incentives to 30 lakh youth entering the job market by providing one month's PF (provident fund) contribution.

She announced that working women hostels will be set up in the country to promote women's participation in the workforce.

She added that the government will provide funds to the private sector, domain experts and others for developing climate-resilient seeds.

An already existing scheme -- MGNREGA (Mahatma Gandhi National Rural Employment Guarantee) -- aims to provide 100 days of wage employment in a particular fiscal year to at least one member of every household whose adult members seek manual work.

INTERVIEW | Budget shunned short-term populism, reflects yearning to be developed nation: PM Modi

T20 World Cup: India sets 176 target for Pakistan with Ishan Kishan's power-packed half century

'Witnessing betrayal of Indian farmers': Rahul Gandhi sharpens attack on Centre over US trade deal

LS Speaker Om Birla to represent India at Tarique Rahman's oath ceremony in Bangladesh

'Hope he is safe': Family seeks his return despite US confirmation on missing Bengaluru student’s death

SCROLL FOR NEXT