In a significant development, FORTI Women’s Wing President Alka Gaur has lauded the recently unveiled Budget 2024-25, highlighting five pivotal points that promise to uplift various segments of society. Her endorsement comes as the nation grapples with economic challenges and seeks targeted measures to spur growth and welfare.
Here are the key highlights from Alka Gaur’s assessment:
- EPFO Assistance for New Registrants:
- Individuals earning less than Rs 1 lakh annually, who register with the Employees’ Provident Fund Organization (EPFO) for the first time, will receive a much-needed boost. They are eligible for a financial aid of Rs 15,000, disbursed in three installments. This move aims to alleviate financial strain for low-income earners and encourage formal employment.
- Empowering Higher Education:
- The budget introduces an ambitious education loan scheme. Candidates pursuing higher education can now access loans of up to Rs 10 lakh. What sets this apart is the nominal three percent interest rate, making education more affordable. Additionally, students will receive an annual e-voucher equivalent to 3 percent of the loan amount, directly supporting their academic pursuits.
- Holistic Schemes for Development:
- Alka Gaur emphasized the government’s commitment to holistic development. Various schemes will be rolled out to benefit farmers, youth, women, and economically disadvantaged sections. These initiatives aim to address multifaceted challenges and create a more inclusive society.
- Comprehensive Farmer Database:
- The budget allocates resources to compile detailed information on 6 crore farmers through land registries. This data-driven approach will enhance targeted policy interventions, improve agricultural productivity, and ensure equitable distribution of benefits.
- Revamped Kisan Credit Cards:
- Recognizing the pivotal role of farmers, the budget proposes issuing new Kisan Credit Cards in five states. These cards provide farmers with access to credit, enabling them to invest in modern farming practices, purchase inputs, and manage crop cycles effectively.
Alka Gaur’s endorsement underscores the government’s efforts to address pressing socio-economic challenges. As the budget takes effect, citizens eagerly await the implementation of these transformative measures.<!– Provide a closing statement or call to action if needed.