scorecardresearchBudget 2023: National Apprenticeship Promotion Scheme to benefit 47 lakh youth in 3 years

Budget 2023: National Apprenticeship Promotion Scheme to benefit 47 lakh youth in 3 years

Updated: 01 Feb 2023, 01:13 PM IST
TL;DR.
Pradhan Mantri Kaushal Vikas Yojana 4.0 will be launched that will include setting up of 30 Skill India international centres. The Union Minister of Finance Nirmala Sitharaman emphasised on seven priorities of Union Budget 2023 during her speech.
Union Minister of Finance Nirmala Sitharaman released the Union budget 2023 today

Union Minister of Finance Nirmala Sitharaman released the Union budget 2023 today

Pradhan Mantri Kaushal Vikas Yojana 4.0 will be launched that will include setting up of 30 Skill India international centres, announced Finance Minister during her Budget speech.

To provide stipend to 47 lakh youth in 3 years, direct benefits transfer (DBT) pan-India National Apprenticeship Promotion Scheme will be rolled out, announced Sitharaman. 

The minister also announced to launch courses in coding, artificial intelligence, drone technology, IoT, robotics, among others. 

The Union Minister of Finance Nirmala Sitharaman emphasised seven priorities of Union Budget 2023 during her speech. These seven priorities complement each other and were referred to as Saptarishi during the Amrit Kaal

They are inclusive development, reaching the last mile, infrastructure, unleashing the potential, green growth, youth power and financial sector.

Sitharaman also spoke about giving emphasis on economic empowerment of women, farmers and craftsmen, among other announcements.

"Indian economy has increased in size from being tenth to 5th largest in the world in the last 9 years, we have made significant progress in many SDGs, economy has become lot more formalized, efficient implementation of schemes has brought about inclusive development," she said. 

The government will also set up national digital library, announced the Union Finance Minister. Physical libraries will be set up at the panchayat and block levels.

First Published: 01 Feb 2023, 12:12 PM IST