Prime Minister Narendra Modi announced the ‘Pradhan Mantri Viksit Bharat Rozgar Yojana’ on India’s Independence Day. This employment-focused scheme involves a ₹1 lakh crore investment and is designed to support youth employment across the nation. Under the scheme, individuals starting their first job in the private sector will receive ₹15,000 from the government. The program is anticipated to generate nearly 3.5 crore new employment opportunities. During his address at the Red Fort, Modi mentioned the success of the government’s initiatives for women’s empowerment and acknowledged the vital role of farmers. Additionally, he disclosed plans for extensive GST reforms, which are expected to simplify the tax structure and reduce tax rates on essential items, promising a beneficial outcome for all citizens by Diwali.
