Key Highlights of the Union Budget 2024 Focused on Women's Empowerment

Tuesday, 23 July 2024, 06:17
In the recent Union Budget 2024, Finance Minister Nirmala Sitharaman announced a budgetary allocation exceeding ₹3 lakh crore for initiatives specifically benefiting women and girls. This budget aims to enhance gender diversity by funding new hostels, creches, and skill development programs. The initiatives reflect a commitment to uplift marginalized communities, including women, youth, and farmers, ultimately fostering greater workforce participation among women.
Economictimes
Key Highlights of the Union Budget 2024 Focused on Women's Empowerment

Union Budget 2024: A Significant Step for Women's Empowerment

In a recent announcement, Finance Minister Nirmala Sitharaman revealed the Union Budget 2024, featuring a budget outlay of over ₹3 lakh crore targeted at initiatives benefiting women and girls.

Major Initiatives Included

  • Establishment of new hostels and creches
  • Investment in women's skill development programs

The budget marks a 12.1% rise in new female members in May 2024, coupled with a 17.2% increase in net female workforce additions.

Concluding Insights

These measures not only support gender diversity goals but also focus on the empowerment of disadvantaged groups such as women, youth, and farmers. The 2024 budget reflects India's commitment to boosting women's participation in the workforce, signaling a positive shift toward inclusivity.

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.

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