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2024

Budget focus on job creation for youth seen spurring economic growth too

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The Budget 2024-25 aimed to address the job market mismatch in India by allocating Rs 2 lakh crore for education, skilling, and employment. Key initiatives included salary support for first-time employees, industry-aligned skilling programs, and internship opportunities. Despite positive steps, stakeholders emphasized the importance of effective implementation and industry absorption of the newly skilled workforce.