Budget 2023: What’s in it for millennials and GenZ?

1 February, 2023 | Amish Mahajan

NIRMALA 3 National

From amendments to the new tax regime to increasing financial literacy and employability, FM Nirmala Sitharaman had a lot of goodies in her bag for the nation's youth.

Finance Minister Nirmala Sitharaman presented her fifth budget in the Parliament on Wednesday, i.e. February 1. In this budget, one or other announcement has been made for every sector. Different announcements have been made in the budget for the middle class, farmers and women. In such a situation, it is also necessary to know what announcements have been made in this budget for the Gen Z class.

Skill Digital India Platform: This scheme has been announced to teach skills to the youth. In this government scheme, Gen Z youth will be taught demand-based skills so that it becomes easier for them to find a job and the path of entrepreneurship.

Centers and Excellence for Artificial Intelligence: The government has announced the creation of three Artificial Intelligence Centers to realize its vision of Make AI in India and Make AI Work in India.

National Apprenticeship Promotion Scheme: Under this scheme, more than 47 lakh youth will be given three-year stipends through direct benefit transfer.

Pradhan Mantri Kaushal Vikas Yojana 4.0: Through this scheme, the government will take steps like on-job training for the youth, industry partnerships and designing courses according to the needs of the industry.

National Digital Library: Nirmala Sitharaman has announced the creation of a National Digital Library for children and adolescents to facilitate and facilitate the availability of quality books across the country. The Finance Minister said that a National Digital Library for Children and Adolescents would be set up to ensure the availability of quality books across geographies, languages and genres.