Union Finance Minister Nirmala Sitharaman is presenting the budget for the financial year 2024-25 in the Lok Sabha today on 24th July. In this budget, many big announcements are being made by the government for the poor, women, youth and farmers. The government is also making many big announcements for agricultural production and natural farming. Apart from this, skill development of the youth of the country and giving them employment is also included in the priority of the budget. In view of this, while presenting the budget, Finance Minister Nirmala Sitharaman has made a big announcement for the youth of the country. There is big news for those who are going to work for the first time. People working in the formal sector for the first time will get one month's salary.
It will be released in three installments through Direct Benefit Transfer. In this, the maximum amount has been fixed at Rs 15 thousand. This help will be given only to those people who are registered with EPFO.
Only those people whose salary during their first job is less than Rs 1 lakh will get this benefit. Many youths of the country will benefit greatly from this decision of the government.
(PC: Mint)
