Budget 2018: Learn what this budget can have for young people

Looking at the current job statistics, the government is likely to announce something in the budget for job creation.

New Delhi: Only 22 days left for the budget of 2018-19 year. The question is in everyone's mind whether this government's treasure will come out specially for the general public, businessmen, homemakers, students or not? Especially youth have many expectations from this time budget.

The Modi government has not seen so much successful on the employment front and is particularly furious about the youth. However, recently the government has initiated many schemes and expressed confidence of generating jobs on a large scale. Looking at the current job statistics, the government is likely to announce something in the budget for job creation.

Learn what can be done to increase jobs in the budget

• To increase employment, focus will be on creating new jobs in Organized Sector, small-scale industries.


• Under the new policy, the government can give one share to the PF.


• Under the budget, conditions related to Labor Law can be relaxed, after which employees working in factories, especially in factories, expect some relief.


• The government can give an income tax exemption to employers who will create job opportunities on a large scale

• The government is focusing on ensuring skill development and employment guarantee under Make in India and there may be some announcements related to it in the budget.


• According to media reports, government can subsidize skill-based skill training. If that happens, then there is hope for large-scale new jobs coming in the market.


• Under the National Employment Policy, a road map can be prepared for sector-wise job creation and the template can be presented in this budget.

If you look at employment data, in 2015, 1.35 lakh jobs were created, which was 4 lakh 21 thousand in the year 2014 and 4 lakh 19 thousand in the year 2013. For your information, let us know that about 10 million youths are joining the country's workforce every year, and for them, giving job opportunities to the government is a big challenge. Now, seeing these figures of year-to-year jobs, it is clear that it is a huge challenge for the government to provide employment to so many young people.

Although the Modi Government is preparing a special policy for employment under which the new job seekers will get financial-financial help from the government. According to the sources, it can be advertised in the budget and after this, new jobs are expected to increase.

The budget of this time is quite special because it is the last full time budget of the current Modi government and this is the first budget even after GST is implemented.