Updated On: 23 July, 2024 02:01 PM IST | ronak mastakar
People watched as Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament on Tuesday. (Pics/Ashish Raje)

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Finance Minister Nirmala Sitharaman presented the Union Budget 2024 after the Cabinet gave its approval
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In a big push for employment, skilling and other opportunities, Finance Minister Nirmala Sitharaman announced an outlay of Rs 2 lakh crore for several schemes targeting 4.1 crore youth in the Union Budget 2024

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In her Union Budget 2024 speech, Sitharaman said `employment and skilling` is among the nine top priorities of the government for "generating ample opportunities for all" and the programmes are aimed to incentivise both employees as well as employers
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"I am happy to announce the Prime Minister`s package of five schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a five-year period with a central outlay of Rs 2 lakh crore," she said

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For FY25, the finance minister said a provision of Rs 1.48 lakh crore has been made for education, employment, and skilling
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She said the government will implement three schemes for `Employment Linked Incentive`, as part of the Prime Minister`s package