India News Today: Modi Government's Rs 2 Lakh Crore Package for Youth and Women Empowerment
Major Initiatives for Youth Empowerment
The Modi government has launched a comprehensive Rs 2 lakh crore employment package within its first 100 days.This package is aimed at promoting skill development among youth. The government plans to provide internship opportunities and allowances to over 1 crore youth.
Women Empowerment Strategies
In addition to youth initiatives, the NDA government has focused on women empowerment through the formation of over 90 lakh self-help groups. These groups have aided around 10 crore women in achieving financial inclusion and enhancing digital literacy.
- Rs 2,500 crore Community Investment Fund launched for women.
- Increased MUDRA loan amount from Rs 10 lakh to Rs 20 lakh.
Results and Future Outlook
The Modi 3.0 government is set on expanding job opportunities through an increase in capital expenditure to Rs 11.11 lakh crore. This initiative is essential for job creation. Moreover, financial and tax incentives for startups and MSMEs will further drive economic growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.