Budget 2024: Key highlights on job creation

By Prakhar Sachdeo Published July 23, 2024 CNBC-TV18.com

[{"selector":"#anim-b1a01f5a-6283-4711-b40e-05160523c0cd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-6.487312011632881%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Here are highlights from Budget 2024 presented by Finance Minister for job creation.

[{"selector":"#anim-5ef2aa9b-b349-4e17-b8d3-0376d55a9a6e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-15.79416921472096%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] ₹ 2 lakh crore for five schemes for jobs and skilling to be spent over 5 years

[{"selector":"#anim-fa0e526c-284b-4cf5-9cba-a806e98d9af4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] FY25 allocation ₹ 1.84 lakh crore for education, employment and skilling

[{"selector":"#anim-1d001f9c-8825-4894-ab5d-a5d0e83d5330 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(11.931818310002294%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Employment linked incentives: Govt will give cos up to ₹ 3,000 a month (to PF contribution) for all new hires with salaries of less than ₹ 1 lakh.

[{"selector":"#anim-f727bddf-ff73-4291-b8e6-1847722fd6c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Skilling loans: Govt-guaranteed loans up to Rs 7.5 lakh

[{"selector":"#anim-6be275ba-11aa-4026-9330-6ccded15d754 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Education loans up to ₹. 10 lakh for higher education in domestic institutions for those who don't qualify for other schemes

[{"selector":"#anim-acb4acb1-672f-4863-b5be-ec1777f1e4cd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] ₹ 1.52 trillion for agriculture and allied sectors

[{"selector":"#anim-871350b0-e86c-4215-a4ff-7812ee63db00","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Follow the coverage of Union Budget 2024 here Read More