CM Yogi’s 2023-24 Budget is largely focused on Youth Empowerment

Lucknow :  In order to further empower the state’s youth population, steps have been taken in this budget to not only help them find employment, but also help them become self-sufficient. Startups have been promoted for this.

Rs 3600 crores allocated for tablet-smartphone

A provision of Rs 3600 crore has been made in the budget for providing tablets/smartphones to eligible students under Swami Vivekanand Yuva Sashaktikaran Yojana. Through this, the government is promoting digital education among the youth. Also, the aim of the government is that no child should be deprived of education under any circumstances.

Promoting startup culture

The Yogi government has made a special effort to promote startup culture in this budget with the goal of fostering self-reliance of youth. Startups are being encouraged in a variety of industries, including agriculture, health care, energy, khadi, education, tourism, and transportation, under the UP Startup Policy – 2020.

There are up to 50 incubators and 7200 startups operating in the state. An arrangement for Rs 100 crore has been made for seed funds to promote incubators

In addition, Rs 60 crore has been proposed for the Uttar Pradesh Information Technology and Startups Policy while Rs 20 crore is proposed for the Agriculture Accelerator Fund with the objective of encouraging young entrepreneurs to set up agritech-start-ups in rural areas.

Step to encourage young advocates

The government has taken a big step to encourage young advocates. A provision of Rs 10 crore has been made for financial assistance to young advocates for the purchase of books and magazines for the first three years of work and Rs 5 crore for corpus fund for young advocates.