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Union Budget 2024: Education Loans Up To âč10 Lakh, Major Skilling Initiatives Announced
Finance Minister Nirmala Sitharaman, during the Union Budget 2024 presentation on Tuesday, announced significant initiatives for education, employment, and skilling, including education loans up to Rs 10 lakh for students pursuing higher education in domestic institutions.
Sitharaman allocated Rs 1.48 lakh crore for these sectors, stating, âTo support our youth who have not benefited from existing government schemes, I am pleased to announce financial assistance for loans up to Rs 10 lakh for higher education in domestic institutions.â
The minister highlighted the introduction of E-vouchers, providing direct support to one lakh students annually with a 3% interest subvention on the loan amount.Additionally, the Model Skill Loan Scheme will be revised, enabling loans up to Rs 7.5 lakh with a guarantee from a government-promoted fund, benefiting 25,000 students each year.A new centrally sponsored skilling scheme will be launched in collaboration with state governments and industry, aiming to skill 20 lakh youth over five years. The scheme includes upgrading 1,000 Industrial Training Institutes (ITIs) into hub-and-spoke models with industry-aligned courses.Sitharaman also announced a comprehensive internship scheme, offering opportunities in 500 top companies to one crore youth over five years. Interns will receive Rs 5,000 per month and a one-time assistance of Rs 6,000, with companies covering training costs and 10% of the internship costs through CSR funds.
Union Budget 2024: One Month Extra Salary for First Time Employees
Rs 1.48 Lakh Crore For Education, Employment in Budget 2024
Odisha Sees Dramatic Increase in Foreign Tourist Visits, Up 104.2% in 2023
#news99odisha #2024budget #budget #odisha
Sitharaman allocated Rs 1.48 lakh crore for these sectors, stating, âTo support our youth who have not benefited from existing government schemes, I am pleased to announce financial assistance for loans up to Rs 10 lakh for higher education in domestic institutions.â
The minister highlighted the introduction of E-vouchers, providing direct support to one lakh students annually with a 3% interest subvention on the loan amount.Additionally, the Model Skill Loan Scheme will be revised, enabling loans up to Rs 7.5 lakh with a guarantee from a government-promoted fund, benefiting 25,000 students each year.A new centrally sponsored skilling scheme will be launched in collaboration with state governments and industry, aiming to skill 20 lakh youth over five years. The scheme includes upgrading 1,000 Industrial Training Institutes (ITIs) into hub-and-spoke models with industry-aligned courses.Sitharaman also announced a comprehensive internship scheme, offering opportunities in 500 top companies to one crore youth over five years. Interns will receive Rs 5,000 per month and a one-time assistance of Rs 6,000, with companies covering training costs and 10% of the internship costs through CSR funds.
Union Budget 2024: One Month Extra Salary for First Time Employees
Rs 1.48 Lakh Crore For Education, Employment in Budget 2024
Odisha Sees Dramatic Increase in Foreign Tourist Visits, Up 104.2% in 2023
#news99odisha #2024budget #budget #odisha
zhlĂ©dnutĂ: 20 705
Video
First session of 17th Odisha Assembly to begin on July 22, budget on July 25
zhlĂ©dnutĂ 36KPĆed 19 hodinami
First session of 17th Odisha Assembly to begin on July 22, budget on July 25; all-party meeting held for smooth conduct The 17th Odisha Legislative Assembly's first session begins Monday with Governor Raghubar Das addressing the assembly. The BJP government's maiden budget for 2024-25 will be presented by Chief Minister Mohan Charan Majhi on July 25. An all-party meeting, chaired by Speaker Sur...
IMF Raises Indiaâs GDP Growth Forecast to 7% for FY25
zhlĂ©dnutĂ 21KPĆed dnem
The International Monetary Fund (IMF) on Tuesday expressed optimism about Indiaâs economic trajectory, upgrading the countryâs growth forecast for the 2024-25 fiscal year to 7%.This marks a positive revision from the previous estimate of 6.8% and reflects the strengthening of private consumption, particularly in rural areas.The global financial institution, however, maintained its projection fo...
Retail Inflation Reaches 5.08% in June, Highest in 4 Months
zhlĂ©dnutĂ 15KPĆed dnem
Sensex, Nifty Hit Record Highs Boosted by IT and Tech Stocks.Equity benchmark indices Sensex and Nifty surged nearly 1% to reach new all-time highs on Friday, driven by robust buying in IT and tech stocks following stellar earnings from Tata Consultancy Services (TCS).The 30-share BSE Sensex soared 622 points or 0.78% to a new closing high of 80,519.34. Intraday, it spiked 996.17 points or 1.24...
Odisha Govt Okays 26 Projects Worth Rs 5,992.92 Cr To Create 19,364 Jobs
zhlĂ©dnutĂ 15KPĆed dnem
The Odisha Government marked a significant milestone today during the 130th SLSWCA Meeting, led by Chief Secretary Manoj Ahuja. The meeting resulted in the approval of 26 projects valued at Rs 5,992.92 crores. These diverse investments are set to transform Odishaâs economic landscape, reinforcing its status as a premier investment destination. In a landmark decision, the State Level Single Wind...
Sensex, Nifty Hit New Record Highs Boosted by Auto and FMCG Stocks
zhlĂ©dnutĂ 14KPĆed 14 dny
Benchmark indices Sensex and Nifty surged to new record closing levels on Tuesday, bolstered by gains in auto and FMCG stocks alongside robust foreign fund inflows. The 30-share BSE Sensex climbed 391.26 points or 0.49% to settle at a historic closing high of 80,351.64. In intraday trading, it peaked at 80,397.17, marking a gain of 436.79 points or 0.54%. NSE Nifty rose by 112.65 points or 0.46...
First Budget of Modi 3.0 Govt on July 23, Budget Session of Parliament from July 22-Aug 12
zhlĂ©dnutĂ 24KPĆed 14 dny
Budget Session 2024 of the Parliament will be from July 22 to August 12, announced the parliamentary affairs minister Kiren Rijiju on Saturday. The Union Budget will be presented in the Lok Sabha on July 23.âHonâble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd Jul...
Odisha Govt to Translate MBBS Books Into Odia, Committee Formed for the Purpose
zhlĂ©dnutĂ 86KPĆed 14 dny
A committee comprising 22 doctors was formed by the Odisha government on Thursday to work on translating MBBS books into Odia language.In an order, the health and family welfare department said that the team of 22 doctors headed by vice-chancellor of Odisha University of Health Sciences Dr Manas Sahoo will identify the essential course books for MBBS education required to be translated into Odi...
Odisha Govt to Hike Old Age, Widow, Disability Allowance to Rs 3000
zhlĂ©dnutĂ 167KPĆed 21 dnem
The Odisha government has decided to increase the old age, widow and disability allowances in the state to Rs 3000. The process for its implementation has been initiated, said Social Security & Empowerment of Persons with Disabilities (SSEPD) Minister Nityananda Gond. The revised payment of allowances will come into force after a detailed consultation with the Finance department, he said. Accor...
Odisha Records 23.56% Growth in State GST Collections for June 2024
zhlĂ©dnutĂ 29KPĆed 21 dnem
Odishaâs economy is firing on all cylinders, as evidenced by a significant increase in Goods and Services Tax (GST) collections for June 2024. The state recorded a phenomenal 23.56% growth in State GST (OGST IGST Settlement) compared to June 2023, with collections reaching Rs 2,039.71 crore.This positive trend extends beyond just the last month. When compared to the same period last year, the p...
315 Special Trains Announced for Puri Rath Yatra // Heavy Rain in Odisha Today News //
zhlĂ©dnutĂ 35KPĆed 21 dnem
Railway Minister Ashwini Vaishnaw announced on Friday that a total of 315 special trains will be operated for the Rath Yatra at the Shree Jagannath Temple in Odishaâs Puri. This decision was made following discussions with Odisha Chief Minister Mohan Charan Majhi and his deputies, KV Singhdeo and Pravati Parida, during their visit to Delhi.Vaishnaw highlighted that the number of special trains ...
Odisha CM Mohan Majhi & Deputies Meet Prez Murmu in Delhi, Extend Rath Yatra Invitation
zhlĂ©dnutĂ 56KPĆed 21 dnem
Newly elected Odisha Chief Minister Mohan Charan Majhi and Deputy Chief Ministers KV Singhdeo and Pravati Parida met with President Droupadi Murmu at Rashtrapati Bhavan on Thursday. The delegation discussed state affairs and invited the President to attend the iconic Rath Yatra of Lord Jagannath in Puri.President Murmu is set to visit Odisha for three days, including participation in the Rath Y...
First Phase Cut-Offs for Odisha Plus-3 Admissions Released; Ravenshaw University Sets Highest Bar
zhlĂ©dnutĂ 69KPĆed 21 dnem
First Phase Cut-Offs for Odisha Plus-3 Admissions Released; Ravenshaw University Sets Highest Bar.The Higher Education Department of Odisha has released the first cut-off list for undergraduate (Plus-3) admissions across 1,051 degree colleges in the state. Ravenshaw University continues to dominate with the highest cut-off rates across all four streams.Out of the 2,37,795 applicants, 1,78,976 s...
Axis Mutual Fund Launches âAxis Nifty 500 Index Fund
zhlĂ©dnutĂ 31KPĆed 28 dny
Axis Mutual Fund, one among the fastest-growing fund houses in India, is pleased to announce the launch of its New Fund Offer - Axis Nifty 500 Index Fund. This open-ended index fund aims to replicate the performance of the Nifty 500 Total Return Index (TRI), offering investors broad exposure to Indiaâs top 500 companies listed on the National Stock Exchange (NSE). The New Fund Offer (NFO) opens...
Odisha Govt to Launch Pilgrim Bus Services Across India, Special Rath Yatra Services Planned
zhlĂ©dnutĂ 72KPĆed 28 dny
Odisha Govt to Launch Pilgrim Bus Services Across India, Special Rath Yatra Services Planned.The Odisha government has announced plans to operate buses to major pilgrim destinations across India from various locations within the state. The decision was made during a review meeting led by Commerce and Transport Minister Bibhuti Jena on the Odisha State Road Transport Corporationâs (OSRTC) perfor...
Odisha to roll out Subhadra Yojana for women within 100 days, announces Deputy CM Pravati Parida
zhlĂ©dnutĂ 66KPĆed mÄsĂcem
Odisha to roll out Subhadra Yojana for women within 100 days, announces Deputy CM Pravati Parida
Hospitals in Odisha to Get Power from Rooftop Solar Projects
zhlĂ©dnutĂ 104KPĆed mÄsĂcem
Hospitals in Odisha to Get Power from Rooftop Solar Projects
Monsoon touches 24 districts of Odisha; know IMD's rain alerts
zhlĂ©dnutĂ 42KPĆed mÄsĂcem
Monsoon touches 24 districts of Odisha; know IMD's rain alerts
Odishaâs First Rice ATM to be Set up in Bhubaneswar for Seamless PDS Distribution
zhlĂ©dnutĂ 55KPĆed mÄsĂcem
Odishaâs First Rice ATM to be Set up in Bhubaneswar for Seamless PDS Distribution
Centre Increases MSP for 14 Kharif Crops // Monsoon progress in Odisha likely in 2 to 3 days //
zhlĂ©dnutĂ 65KPĆed mÄsĂcem
Centre Increases MSP for 14 Kharif Crops // Monsoon progress in Odisha likely in 2 to 3 days //
PM Modi Disburses âč20,000 Crore to Over 9.26 Crore Farmers Under PM-KISAN Scheme
zhlĂ©dnutĂ 102KPĆed mÄsĂcem
PM Modi Disburses âč20,000 Crore to Over 9.26 Crore Farmers Under PM-KISAN Scheme
Odisha: 10 Districts Reschedule School Openings Post-Summer Vacation Due to Persistent Heatwave
zhlĂ©dnutĂ 58KPĆed mÄsĂcem
Odisha: 10 Districts Reschedule School Openings Post-Summer Vacation Due to Persistent Heatwave
Vande Bharat sleeper trains to hit tracks in 2 months, Railway Minister shares big updat
zhlĂ©dnutĂ 27KPĆed mÄsĂcem
Vande Bharat sleeper trains to hit tracks in 2 months, Railway Minister shares big updat
Odisha Cabinet Portfolios Allocated: CM Retains Home & Finance |
zhlĂ©dnutĂ 82KPĆed mÄsĂcem
Odisha Cabinet Portfolios Allocated: CM Retains Home & Finance |
Odisha Schools to Provide Mid-Day Meals from Day One of Reopening
zhlĂ©dnutĂ 69KPĆed mÄsĂcem
Odisha Schools to Provide Mid-Day Meals from Day One of Reopening
CBI Raids 67 Locations in Odisha Over Fake Certificate Racket for Postal Recruitment
zhlĂ©dnutĂ 17KPĆed mÄsĂcem
CBI Raids 67 Locations in Odisha Over Fake Certificate Racket for Postal Recruitment
New Odisha CM 'keeps promise', decides to open all doors of Puri Srimandir in first cabinet meet
zhlĂ©dnutĂ 70KPĆed mÄsĂcem
New Odisha CM 'keeps promise', decides to open all doors of Puri Srimandir in first cabinet meet
Odisha CM-Designate Mohan Majhi Meets Governor, Stakes Claim To Form Govt
zhlĂ©dnutĂ 79KPĆed mÄsĂcem
Odisha CM-Designate Mohan Majhi Meets Governor, Stakes Claim To Form Govt
Heatwave Warning Issued for Parts of Odisha as Monsoon Progress Stalls
zhlĂ©dnutĂ 37KPĆed mÄsĂcem
Heatwave Warning Issued for Parts of Odisha as Monsoon Progress Stalls
Schools in Odisha to reopen on June 17 after summer vacation
zhlĂ©dnutĂ 16KPĆed mÄsĂcem
Schools in Odisha to reopen on June 17 after summer vacation
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