unemployment

From tackling unemployment to fostering innovation: How budget 2024 can propel India to next phase of growth

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From tackling unemployment to fostering innovation: How budget 2024 can propel India to next phase of growth

The overarching theme of the Union Budget 2024-25 strikes a fine balance between addressing the pressing bottlenecks impacting economic growth, boosting the startup ecosystem, and laying the groundwork for a future-ready India. Tax relief, employment and green energy transition have emerged as some of the most important areas, sending a message of resilience, foresight and … Read more

Three new Budget schemes target formal employment. But will they deliver new jobs?

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Three new Budget schemes target formal employment. But will they deliver new jobs?

In its first budget since returning to power with a reduced majority, the Bharatiya Janata Party-led government has made job creation a central focus, introducing financial incentives aimed at expanding formal-sector employment. Although the specifics of the three targeted schemes are still pending, they primarily offer financial benefits to both first-time employees and employers. Despite … Read more