Budget 2024: Significant Highlights For Education Sector

By : 5paisa, 24 July 2024

The Union Budget 2024-2025 sets aside 1.48 lakh crore for education, employment, and skilling.

E-vouchers for loans up to ten lakh for higher education would be distributed to one lakh students each year, with a 3% interest subsidy.

1,000 Industrial Training Institutes will be renovated in a hub-and-spoke model with an outcome-oriented approach.

In five years, the scheme aims to provide 1 crore kids with internship opportunities in 500 prominent firms.

Over the course of five years, 20 lakh young people will be skillfully trained. 

Open Free Demat Account in just 5 Minutes!

Start Investing Today

Loans up to ₹7.5 lakh guaranteed by a government-backed fund.  

Monthly allowance of ₹5,000 and one-time help of ₹6,000 from CSR money. 

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities and Derivatives can be substantial.

Disclaimer