Large gifts to youth on Independence Day, Pradhan Mantri Developed India Employment Scheme implements

New Delhi: Prime Minister Narendra Modi made a big announcement for the youth from the Red Fort on the occasion of 79th Independence Day. He announced to implement a scheme of Rs 1 lakh crore for the youth. PM Modi said that the Pradhan Mantri Developed India Employment Scheme is being implemented from today itself.

3.5 crore youth benefited

The Pradhan Mantri Developed Employment Scheme will provide new employment opportunities for about 3.5 crore youth. One lakh crore scheme is a big gift from PM Modi on the occasion of Independence Day to the youth of the country. Under this scheme, 15 thousand rupees will be given by the government to those who do the first job in the private sector.

New job opportunities

Under this scheme, the government will help those companies and businesses as subsidy which will provide maximum employment. Along with subsidizing the companies, the government will provide this financial help to the youth. This scheme will provide new job opportunities in the country. The scheme focuses on increasing jobs in the fields of small enterprises and different sectors such as manufacturing, services and toknology.

Rash will be transferred to two installments

Only youth with first job and registered in EPFO will get the benefit of this scheme. 15 thousand rupees will be transferred in a total of two installments. The condition will be that the salary should be less than one lakh rupees. More salary people will not get the benefit of this scheme.

Job giving company also benefits

In this scheme, along with the youth getting the first job, companies providing jobs will also benefit. The government will give three thousand rupees per month per employee to companies for two years, but the condition will also be that the employees remain in the job for at least 6 months.

Latest india news