The government in its Union Budget 2024 announced a direct cash transfer of one month’s wage, up to a maximum of Rs 15,000, to all those newly entering the workforce in all formal sectors. The amount will be disbursed in three installments.
Further, a scheme for providing internship opportunities in 500 top companies to 10 million youth in five years will also be launched. Under this, an internship allowance of Rs 5,000 per month, along with a one-time assistance of Rs 6,000 will be provided.
How will these incentives drive job creation in India?
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8 сен 2024
