Brief by Shorts91 Newsdesk / 06:07am on 23 Jul 2024,Tuesday India
Finance Minister Nirmala Sitharaman announced a new scheme in the 2024 budget, providing one month's salary as a Provident Fund contribution for all new employees entering the workforce. This initiative aims to benefit 210 lakh youths across various sectors. The move comes in response to dissatisfaction over job opportunities, which affected the BJP's performance in the recent general elections. The scheme is part of the government's efforts to address employment challenges and support young job seekers.
