Budget 2024 for Jobs

What are the top expectations for a Jobs from the upcoming Interim Budget 2024-2025? Whatever the profession you are in financialexpress.com has listed all the benefits for each profile on its dedicated page Who Gets What. Navigate through all the declarations and announcements at a glance from the current and past Union Budgets on this page.

Budget 2024 Announcements for Jobs

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Jobs
  • 1.4 crore youth trained under Skill India mission
  • Employment opportunities for the youth with technical skills in manufacturing, installation and maintenance
  • Pradhan Mantri Kisan Sampada Yojana has benefitted 38 lakh farmers and generated 10 lakh employment.
  • Charging of electric vehicles offers entrepreneurship opportunities for vendors for supply and installation employment opportunities for youth with technical skills in manufacturing, installation and maintenance.

Budget Announcements for Jobs in FY2024

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Jobs
  • Push in tourism sector to create more jobs for the youth, in particular.
  • The green growth efforts will provide large-scale green job opportunities.
  • Investments in Infrastructure and productive capacity will have a multiplier effect on jobs.
  • 100 labs for developing apps using 5G services to be set up in engineering institutions to realise employment potential.

Budget Announcements for Jobs in FY2023

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  • DESH Stack e-portal is set to launch, enabling citizens to acquire skills, credentials, and access relevant job opportunities within the digital ecosystem for skilling and livelihood.

Budget Announcements for Jobs in FY2022

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  • Proposed amendment to Apprenticeship Act to enhance youth opportunities.
  • Allocation of Rs. 3000 crore to realign the National Apprenticeship Training Scheme (NATS) towards post-education apprenticeship, training graduates and diploma holders in Engineering.
  • UAE collaboration for standardized skill qualifications, assessment, certification, and deployment of certified workforce.
  • Collaboration with Japan for a Training Inter Training Programme (TITP) aiming to transfer skills, techniques, and knowledge.

Budget Announcements for Jobs in FY2021

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  • Establishment of an independent National Recruitment Agency (NRA) to conduct a computer-based online Common Eligibility Test for recruitment purposes.
  • Proposal to set up test centers in every district, especially focusing on Aspirational Districts.

Budget Announcements for Jobs in FY2020

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  • Implemented 10% reservation for economically disadvantaged individuals in educational institutions and government jobs.
  • Solar generation capacity has increased over tenfold in the last five years, generating numerous new-age jobs.
  • Make in India initiative led to a substantial rise in mobile and parts manufacturing companies, growing from 2 to over 268, offering significant employment opportunities.
Market Data
Market Data