Union Budget: Boost to youth empowerment, women in workforce ...Middle East

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Union Budget: Boost to youth empowerment, women in workforce
New Delhi: As Union Finance Minister Nirmala Sitharaman presented her seventh Budget on Tuesday, among several things, she put forth the government’s vision for the empowerment of youth. One of the highlights of this budget is grant of one month’s wage for first-time employees, which will be provided to them as a Provident Fund contribution. There will also be provision for internships in 500 established companies, which will be encouraged among youth. Additionally, an internship allowance of Rs 5000 and a one-time assistance of Rs 6,000 are to be provided under the internship scheme, the Finance Minister said. “The scheme is meant for all persons entering the workforce in all sectors. It w

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