Amidst Sluggish Job Market, Govt To Provide Rs 10 Lakh Loan To Students For Higher Studies, Paid Internships
5 months ago

Amidst Sluggish Job Market, Govt To Provide Rs 10 Lakh Loan To Students For Higher Studies, Paid Internships

News 18  

The Centre will provide financial support for loans up to Rs 10 lakh for higher education in domestic institutions, finance minister Nirmala Sitharaman announced on Tuesday as she presented the Union Budget for 2024-25. The finance minister also said that the government will provide internships to 1 crore youths, with each intern getting a stipend of Rs 5,000 and a one-time aid of Rs 6, 000. I am happy to announce a new centrally The model skill loan scheme will be revised to facilitate loans up to RS 7.5 lakh with a guarantee from government promoted fund, this measure is expected to help 25,000 students every year, she added. This new centrally Union education minister Dharmendra Pradhan praised the budget for ‘Viksit Bharat’ and said empowering the youth and fulfilling dreams is at the heart of PM Narendra Modi-led government.

Education Youth Higher Education Industry Budget Loan Crore Lakh Sitharaman Scheme Skill Our Youth Rs 10 Lakh  sluggish  lakh  industry  budget  skill  market  announced  youth  scheme  job  rs  provide  loan  students  paid  education  studies  crore

History of this topic

World Bank urges coordinated action on skills and employment for India’s $5 trillion economy goal
1 month ago

World Bank urges coordinated action on skills and employment for India’s $5 trillion economy goal

Live Mint  

New Delhi: India must make a coordinated effort to develop and rebrand vocational skills, besides aligning education and training with the job market, to leverage its demographic advantage to meet its $5-trillion economic target, according to the World Bank. “While globally true, in India, there is an overpowering narrative around skill education being for students who are weak and would …

1.20 lakh students take admission to ITIs in Maha
3 months ago

1.20 lakh students take admission to ITIs in Maha

Hindustan Times  

This year, as many as 1.20 lakh students have taken admission to Industrial Training Institutes across Maharashtra and there is high demand for electrical and mechanical trades among others. While 1.20 lakh students have taken admission to various courses at the ITIs, the deadline for admission is September 30. As per statistics shared by the state technical education department, students …

Paid Internships and Skill Development Initiatives Welcomed by Students
4 months, 4 weeks ago

Paid Internships and Skill Development Initiatives Welcomed by Students

Deccan Chronicle  

Hyderabad: The Union Budget announcement of comprehensive scheme offering paid internships to one crore youth in India's top 500 companies has brought a wave of optimism among students, graduates, and professionals. This initiative, part of a larger effort with an allocation of Rs1.48 lakh crore for education, employment, and skilling, also includes upgrading 1,000 ITIs and providing loans up to …

Rs 2 lakh crore for five years to incentivize companies to create new jobs, skill youth
5 months ago

Rs 2 lakh crore for five years to incentivize companies to create new jobs, skill youth

Deccan Chronicle  

Chennai: Having understood that unemployment and skill gap are major pain points for the economy, the Budget announced a few schemes for a total outlay of Rs 2 lakh crore for five years. Another employer-focused scheme for all sectors is for all additional employment within a salary of Rs 1 lakh per month. The government will reimburse employers up to …

Education Budget 2024: E-Vouchers, Internships Among Key Schemes for Youth Empowerment
5 months ago

Education Budget 2024: E-Vouchers, Internships Among Key Schemes for Youth Empowerment

News 18  

Finance Minister Nirmala Sitharaman delivered the first budget for Prime Minister Narendra Modi’s third straight NDA administration today, July 23. FM Nirmala Sitharaman’s presentation of the Union Budget 2024-25, which began at 11 a.m., revealed a significant commitment of Rs 1.48 crore towards enhancing education, employment and skilling across the country. These vouchers would give financial assistance for loans up …

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh
5 months ago

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh

Hindustan Times  

Union finance minister Nirmala Sitharaman announced that the Narendra Modi government will offer financial support for loans up to ₹10 lakh for higher education in domestic institutions. Union Budget 2024: People watch Union Budget being presented by finance minister Nirmala Sitharaman in the Parliament on television screen at TV showroom, at Dadar, in Mumbai. Follow- Budget 2024 Live Updates "For …

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh
5 months ago

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh

The Hindu  

As part of the new loan scheme announced by Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2024-25, e-vouchers will be given to one lakh students every year to secure loans up to ₹10 lakh to pursue higher education in domestic institutions. “This initiative will undoubtedly empower many aspiring students to pursue their academic goals without the burden …

Union budget 2024-25 should prioritise AI research: Experts
5 months ago

Union budget 2024-25 should prioritise AI research: Experts

New Indian Express  

BENGALURU: As IT companies are increasingly focusing on Artificial Intelligence and Generative AI use cases, experts say the upcoming Budget should promote AI research and implementation apart from focusing on upskilling programmes. In the interim Budget, finance minister Nirmala Sitharaman had announced that three centres of excellence for Artificial Intelligence would be set-up in top educational institutions. “With the increasing …

Budget 2024: UGC faces decline in funds, school education takes centerstage
10 months, 3 weeks ago

Budget 2024: UGC faces decline in funds, school education takes centerstage

India TV News  

In the interim budget 2024-25, the funding for school education has been increased by over Rs. IITs face a marginal dip This year, the budget has been brought down further to Rs 212.21 crore from the Revised Estimate of Rs 331 crore. School Education Budget Increased This year, the budget for school education has increased from Rs 72473.80 crore to …

CM to release Rs 680.44 crore under Jagananna Vidya Deevena today
1 year, 3 months ago

CM to release Rs 680.44 crore under Jagananna Vidya Deevena today

Deccan Chronicle  

Vijayawada: Chief Minister Y.S. Jagan Mohan Reddy will be simultaneously depositing Rs 680.44 crore, under the Jagananna Vidya Deevena, into the bank accounts of 8,44,336 mothers of 9,32,235 students for the quarter April-June, 2023 in Nagari of Chittoor district on Monday. Monday’s deposits will ensure that Rs 15,593 crore have been the total deposits under ‘Jagananna Vidya Deevena’ and ‘Jagananna …

Budget 2021 Education: FM Nirmala Sitharaman Proposes Central Varsity For Leh
3 years, 10 months ago

Budget 2021 Education: FM Nirmala Sitharaman Proposes Central Varsity For Leh

ABP News  

New Delhi: The higher education sector in the country is set to get a boost with the Union Budget 2021-22 promising a central university for Leh, a legislation to set up Higher Education Commission of India, and increasing academic collaboration with foreign institutions among other measures. "For accessible higher education in Ladakh, I propose to set up a Central University …

Discover Related