The Union Budget 2024-25 allocates Rs 1.48 lakh crore to enhance education and skills, focusing on higher education and job creation.
Up to Rs 10 lakh in loans available for students with e-vouchers, easing financial burdens for higher education.
A new scheme will skill 20 lakh youth over five years, upgrading ITIs to match industry needs.
Incentives for first-time job seekers and support for employers, including direct salary support.
Internships for 1 crore students with a Rs 5,000 monthly allowance and Rs 6,000 one-time support.
Education budget increased by 6.8%, emphasizing better educational facilities and job creation.
New women’s hostels to aid working women with accommodation and employment support.
Companies will use CSR funds for internships, covering training costs and providing Rs 5,000 monthly.