Three new Budget schemes target formal employment. But will they deliver new jobs?

Three new Budget schemes target formal employment. But will they deliver new jobs?

In its first budget since returning to power with a reduced majority, the Bharatiya Janata Party-led government has made job creation a central focus, introducing financial incentives aimed at expanding formal-sector employment. Although the specifics of the three targeted schemes are still pending, they primarily offer financial benefits to both first-time employees and employers. Despite … Read more