Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday presented the entire budget for the financial year 2024-25 in the Lok Sabha. In the first budget of the third term of the Modi government, the Finance Minister has made many special announcements for the youth. Announcing the focus on employment generation, the Finance Minister said that the government will provide additional PF benefits to lakhs of people joining the workforce for the first time. For this, the government will deposit Rs 15,000 in their PF account.
While beginning the budget speech in the Lok Sabha, the Finance Minister said that the government has set 9 priorities. In this, the government hasBudget
30 lakh youth will get benefit
The Finance Minister gave detailed information about the government's second priority, employment and skills. He said that the government will launch three schemes to promote employment. Those schemes also include additional benefits of PF. The Finance Minister said that the government will deposit Rs 15,000 in the PF account of those youth who become part of the workforce for the first time. 30 lakh youth are expected to benefit from this scheme.