Nirmala Sitharaman Presents Budget: One Month’s Salary for First-Time Employees

The amount will be provided to the employees as Provident Fund contribution. The scheme is meant for all persons entering the workforce in all sectors. It will benefit 210 lakh youths,” Ms Sitharaman said while presenting the Budget in the parliament. Discontent over job opportunities was seen as a key reason for Prime Minister Narendra Modi’s party, the BJP, failing to win a majority on its own in the general elections, and returning to power only with the support of allies.