Question
Which of the following schemes proposed in the Union
Budget is expected to benefit 30 lakh youth by incentivizing additional employment in the manufacturing sector, linked to EPFO contributions for first-time employees?Solution
The Union Budget has proposed five new schemes aimed at job creation and improving skilling to tackle unemployment and wage losses. The total outlay for these schemes is ₹2 lakh crore. Here are the details of each scheme: First Scheme: This scheme targets newly employed workers in all formal sectors, providing a direct benefit transfer equivalent to one month's wage in three instalments. It is expected to benefit 210 lakh youth. Second Scheme: This scheme focuses on incentivizing additional employment in the manufacturing sector. It is linked to EPFO contributions for first-time employees and is expected to benefit 30 lakh youth. This is the correct answer to the question. Third Scheme: This scheme covers additional employment in all sectors. The government will reimburse employers up to ₹3,000 per month for two years towards EPFO contributions for each additional employee. Fourth Scheme: This scheme aims at upgrading Industrial Training Institutes (ITIs) to improve the skill set of 20 lakh youth over five years. Fifth Scheme: This scheme provides internship opportunities for one crore youth in top companies, aiming to enhance their skills and employability. Thus, the second scheme, which incentivizes additional employment in the manufacturing sector, linked to EPFO contributions for first-time employees, is expected to benefit 30 lakh youth.
Find the correctly spelt word as your answer.
Select the wrongly spelt word.
It's the only places in the city where one can see majestic birds like pelicans and painted storks in large numbers.
...In each group, one word is correctly spelt. Find the correct word.
- Find the incorrectly spelled word in the sentence:
The beneficiary was asked to submit the relevent documents before the deadline to process the tr... - In each of the questions below, a sentence is given with four words highlighted in bold in the sentence. Among these bold words, one may be wrongly spelt. ...
The more money the governments pored into it, the harder it was to walk away.
...But quite like his perfumes, this museum will always remain a timely celebration of his creations , a true jewel in his turban.
...In the question below, a sentence is given, four words have been highlighted in bold. Find out if the words are appropriate (grammatically and contextu...
Choose the word with correct spelling.
