Union Budget 2024: Government To Spend 3 Lakh Crore On Schemes Benefiting Women & Girls

Presenting Union Budget 2024 Finance Minister Nirmala Sitharam informed that government is intended to invest 3 lakh crore in schemes  benefitting women and girls.

“Increasing the participation of women in the workforce will be a priority,” said Union Finance Minister Nirmala Sitharaman while presenting her seventh Budget.

“This will be facilitated by setting up hostels and creating partnerships to organize women-specific skilling programmes and promotion of market access for women Self Help Group enterprises,” she said.

Also Read: Finance Minister Announces Expansion Of India Post Payment Bank In North East Region

She said, “We need to focus on the poor, women, youth and farmers.”

It is worth noting that the fund allocation for women’s welfare and empowerment experienced a 218.8 per cent jump from FY14 to FY25.

“The growth is indicative of India’s determination to shift from women-led development to women’s development, as stated in the Economic Survey 2023–2024,” the Finance Minister said while presenting Union Budget 2024.