Central Finance Minister Nirmala Sitharaman has said that the Indian inflation has remained stable at a low level of 4 percent in an environment where the global economy is not doing well.
Central Finance Minister Nirmala Sitharaman presented the budget for the 7th time in Parliament. Then he made announcements by allocating funds for development projects for various sectors. In this regard, he said that in this budget, education, skill development, small and micro industries have been given importance and 5 special schemes have been prepared for 4.1 crore youth.
He also said that Rs.1.48 lakh crore has been allocated for education and skill development. He also said that to encourage the students, education loans of up to 10 lakh rupees will be given to study in educational institutions in the country.
Central Finance Minister Nirmala Sitharaman also said that the government will give a monthly salary of Rs.15,000 to Rs 1 lakh as an incentive to the youth who are registered under EPF. He also said that 30 lakh youth will benefit from this
Apart from that, Nirmala Sitharaman said that special hostels for women will be set up in collaboration with the industry.