While presenting Interim Budget 2024 in the Lower House of the Parliament, Finance Minister Niramala Sitharaman informed the growing participation of women in education and workforce.
Finance Minister during her budget speech highlighted increasing rate of women participation in education sector. “Female enrolment in higher education has gone up by 28 per cent in the last 10 years,” said Nirmala Sitharaman. She also informed about the growing role of women enrolment in Science, Technology, Engineering and Mathematics (STEM) field in India. “In the STEM courses the girls and women participation, in India, is 43 per cent which is highest in the world,” Sitharaman informed.
Niramala Sitharaman emphasised the outcomes of high rates of enrolment in higher education and STEM field for women. “The high enrolment rates have helped in increased women participation in the workforce, in addition to the entrepreneurship opportunities provided to them”, FM said.
Watch Union Finance Minister Smt. @nsitharaman present Interim Union Budget 2024 in Parliament 👇
🗓️ 1st February 2024
⏰ 11.00 Hours IST onward pic.twitter.com/HuKmO451Fb
— Ministry of Finance (@FinMinIndia) January 31, 2024
During her speech in the lower house, Sitharaman also emphasised the momentum for Nari Shakti through entrepreneurship, ease of living and dignity for women gained in the last 10 years under Narendra Modi government. “30 Crore Mudra loans given to women entrepreneurs helped them to participate more in workforce”, the finance minister informed.
The interim budget is a vote-on-account to give government authority to spend certain sums of money till the new government comes to office after the 2024 Lok Sabha elections.
The government”s spending is covered by the interim budget, a short-term financial plan, until elections are held and a new government takes office. The interim budget requests approval from Parliament for an advance funding to cover the government”s necessary spending for the first four months of the upcoming fiscal year.