What is special for the middle class in the budget? The Finance Minister gave these big gifts including cheap houses and free electricity

Budget 2024: Finance Minister Nirmala Sitharaman said that we are focusing on MSMEs for the upliftment of the middle class people. We will take many steps to create new employment opportunities for the youth in the coming days.

Budget 2024: Union Finance Minister Nirmala Sitharaman presented the budget for the third term of the Modi government on Tuesday. Special attention has been given to various sections of the society in the budget. Big gifts have been given to everyone from youth to farmers. At the same time, special attention has also been given to the middle class people in the budget. In the budget, many steps have been taken towards enriching the middle class people on the economic front.

Earlier, in the interim budget presented in February, it was said that a housing scheme would be started for the middle class people. Apart from this, keeping in mind the interests of the middle class people, roof top solar energy was also announced.

The dream of owning a house will be fulfilled

The Finance Minister said, “In the near future, the government will make many schemes for the middle class people. Financial assistance will also be provided by the government to provide houses to the people living in rented houses. Modi government has geared up to provide houses to the people.”

₹15 thousand will come directly in the account

The Union Finance Minister has made five new announcements. Explaining her first announcement, the Finance Minister said, “Lump sum salary to new employees in all formal sectors – direct transfer of up to Rs 15,000 to those registered with EPFO.”

1 crore youth will get training

Apart from this, the Union Minister has also announced to build industrial parks in cities. In this, it has been announced to train more than one crore youth. Nirmala Sitharaman said that the youth in middle class families have a big responsibility. The whole family depends on their support, keeping this in mind, we have decided to start many schemes to give jobs to the youth.

Special focus on MSME

The Finance Minister said that for the upliftment of the middle class people, we are focusing on MSME. We will take many steps to create new employment opportunities for the youth in the coming days.

The Finance Minister has developed the facility of education loan keeping in mind the difficulties faced by middle class families in getting education. The Finance Minister said that a loan facility of Rs 10 lakh will be provided to the youth belonging to middle class families who are pursuing higher education.

Nirmala Sitharaman said, ‘For those who have taken a loan earlier and have repaid it, the limit of Mudra loan will be increased from Rs 10 lakh to Rs 20 lakh.'(zeebusiness)

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