look news india
Budget 2024-25 Expectations: After the BJP suffered a major setback in the Lok Sabha elections, many attractive announcements are expected to be made in the first budget of the third term, covering various sections. In which a big announcement can be made in the budget for temporary employees working in the e-commerce and construction sector i.e. retail workers. According to sources, retail employees and platform employees can be given the gift of accident and medical insurance.
Social security fund may be announced
The government may announce the creation of a social security fund. According to sources, there may be a special announcement for social security for gig workers in the budget. This fund will be used for accidental and medical coverage. An organization like ESIC may give permission to provide medical facilities. Employees, aggregators and the government will contribute to this fund.
will get retirement benefits
This fund will also provide other facilities including retirement benefits for retail employees. It is noteworthy that there is a provision to provide this type of facility in the Social Security Code 2020. Finance Minister Nirmala Sitharaman will present the Budget 2024-25 on July 23. The budget session will run from July 22 to August 12. Sitharaman will present the budget in the Lok Sabha on July 23 at 11 am. Under which the Economic Survey will be presented on July 22.
In view of the Lok Sabha elections in 2024 this year, Finance Minister Nirmala Sitharaman presented the interim budget for the financial year 2024-25 on February 1. The BJP-led NDA government may present a budget focusing on the middle class. Which may contain advertisements that attract citizens of all classes.