Key Announcements: FM Union Budget Speech 2024

Salary Support for New Employees!

The government announces one month’s salary DBT up to ₹15,000 for first-time employees, benefiting 210 lakh youth!

Incentives for Job Creation

Manufacturing sectors to get incentives for job creation tied to EPFO contributions. Employers and 30 lakh youth to benefit!

Agricultural Research

FM announces a complete overhaul of agricultural research to enhance productivity and develop climate-resilient crops.

Big Support for MSMEs

Special focus on MSMEs with new tech and infra support. New credit guarantee schemes up to Rs. 100 Crore introduced!

A critical mineral mission launched to focus on recycling and overseas acquisitions of essential minerals. A step towards sustainability!

Critical Mineral Mission!

MUDRA loan limit raised to ₹20 lakh from ₹10 lakh for those who have availed and repaid loans under the TARUN category.

MUDRA Loan Limit Increased!