Union Budget 2024-25 significant milestone for country, says Sicci

The Union Budget 2024-25 is a significant milestone for India, with its focus on skills development, higher education, and the empowerment of youth and women, said the Singapore Indian Chamber of Commerce and Industry (SICCI) on Wednesday.

"These initiatives are crucial in preparing the Indian citizenry to tackle the economic challenges of the future," SICCI Chairman Neil Parekh said, commenting on the latest financial package designed to drive the Indian economy forward.

"SICCI lauds these efforts announced by India's Finance Minister Nirmala Sitaraman. It commends the Indian government under the leadership of Prime Minister Narendra Modi for its foresight in preparing the younger generation to take India to even greater heights," said Parekh.

The Budget has allocated Rs 1.48 lakh crore for education, employment, and skill development initiatives in the country, demonstrating the government's commitment to empowering the youth and enhancing their skills for better employment ...