Key Highlights of Budget 2024: Nirmala Sitharaman's Internship Initiative

Tuesday, 23 July 2024, 06:42

In the latest Budget 2024, Finance Minister Nirmala Sitharaman announced a groundbreaking internship scheme aimed at providing opportunities to one crore youth across India's top 500 companies. Each intern will receive a monthly allowance of ₹5,000 to support their professional development. This initiative underscores the government's commitment to fostering employment and skill development among young Indians, with an underlying goal of bolstering the economy.
Livemint
Key Highlights of Budget 2024: Nirmala Sitharaman's Internship Initiative

Budget 2024 Overview

Finance Minister Nirmala Sitharaman announced a significant initiative in the Budget 2024 aimed at empowering youth. The newly introduced internship scheme is designed to benefit one crore youth by placing them in top 500 companies.

Internship Scheme Details

  • The government will provide an allowance of ₹5,000 per month for interns.
  • This initiative is part of a broader strategy to enhance employment opportunities in the country.
  • It aims to develop essential skills among young people, preparing them for the workforce.

Conclusion

This internship initiative signals the government's focus on youth empowerment. With the provision of financial support through the internship allowance, the scheme is expected to foster a culture of skill development and employment in India, ultimately contributing to 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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe