EconomyGS2-Governance
New Job Schemes to Launch Within Current Financial Year
The government plans to launch new employment and skilling schemes announced in the recent budget within the current fiscal year, focusing on widespread coverage.
July 29, 2024
Key Points
- 1The Union government aims to launch schemes from the Prime Ministerâs package for employment and skilling this financial year.
- 2These schemes include an internship program for one crore youth in 500 companies.
- 3Incentives for first-time hires with salaries up to â¹1 lakh a month aim for sector neutrality.
- 4The schemes are designed to address areas potentially affected by technologies like AI.
Important Terms
Employment schemesInternship programFinance SecretaryAISkill development
UPSC Current Affairs
Last Updated: 6/12/2025