For the Financial year 2024-25, Rs 1.48 lakh crore has been allocated for education, employment, and skilling.
Education loans up to Rs 10 lakh announced for domestic higher education students.
A new Internship scheme will be introduced, offering opportunities for 1 crore youths in over 500 leading companies.
The government has outlined a plan to create job opportunities for about 4.1 crore youth over the next five years.
The government will upgrade 1,000 Industrial Training Institutes (ITIs) using a hub-and-spoke model.
New medical colleges will be established in Bihar.
To increase female participation in the workforce, women’s hostels and creches will be set up.
The budget carries an allocation of more than Rs 3 lakh crore for schemes benefitting women and girls.
The updated Model Skill Loan Scheme provides up to Rs 7.5 lakh in loans with government backing, supporting 25,000 students yearly.