Raghunandan Saraf, Founder & CEO of Saraf Furniture - reaction on Budget 2024 - This can therefore be considered as a game-changing initiative for workforce development in India: the announcement of a pan-India internship scheme for 1 crore youth in the top 500 companies. Nearly 12 million people enter into the job market every year, so this scheme may claim a fair share of new job seekers. This would greatly increase employability, hence significantly reducing the youth unemployment rate of 23.2%, raising general productivity in the economy.


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