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.