Union Home Minister Amit Shah has said that the Union Budget 2024-25 will go down in history for coupling Bharat’s economic growth with the torque of the nation’s youth power. In a social media post, Mr Shah said the Budget provides for a massive fund of two lakh crore rupees to train 4.10 crore youth in a wide range of skills while envisioning another game-changing move of providing world-class training to one crore youth through internships in top 500 companies. The Home Minister said that the ground-breaking employment-linked initiatives announced in the Union Budget will contribute to job creation in the formal sector. He added that the initiatives involving the Provident Fund scheme and incentives for new entrants are likely to create 2.90 crore jobs and will play a decisive role in turning Bharat’s formal sector into a job-creating engine.

Mr Shah also thanked the Prime Minister for inspiring Bharat’s entrepreneurial spirit by increasing the limit of Mudra loans from 10 lakh to 20 lakh rupees. He said, the decision will not only enhance Bharat’s ease of doing business further but will also set small and women entrepreneurs on the path to becoming job creators.