Government committed to developing skills among youth: Nirmala Sitharama
₹10,00,000. Sitharaman’s emphasis on employment opportunities to the students also comes in the context of opposition parties like Congress and AAP, among others, raising ‘unemployment’ as an issue in the ongoing national polls.
Both the ruling BJP and Congress have emphasised the need to boost the manufacturing sector in their manifestoes as a way of creating employment opportunities. While the BJP has said it will continue to work towards making the country a global manufacturing hub and enhance employment in this crucial sector, the Congress says it will make India a manufacturing hub by raising the share of manufacturing from 14% of the country's GDP to 20% in the next five years.
Sitharaman also discussed with students the future prospects of the Indian economy, opportunities in sunrise sectors for the youth and how the digital economy is shaping India's future. The minister also discussed inheritance and wealth tax with the students, which has lately become a topic of debate during campaigning for the ongoing Lok Sabha 2024 election.
The minister further explained to the students that digital payments via universal payment interface or UPI in India were creating records month after month and that the India stack has been lauded by world leaders during India's G20 presidency. Milestone Alert!
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