The unemployment rate among urban youth aged 15-29 was 17% as of Jan-March 2024 (PLFS,2024). The budget for 2024-25 addresses these critical issue of growing unemployment in India by launching three "Employment Linked Incentive" schemes to boost job opportunities, particularly in the formal private sector.
The Employment-Linked Incentive (ELI) Scheme is a major initiative launched by the Government of India to create more job opportunities and improve livelihoods across the country. This scheme was introduced as part of the Union Budget 2024-25, under Prime Minister Narendra Modi’s package of five schemes aimed at providing employment, skilling, and other opportunities for 4.1 crore youth over a five-year period.
The Parliament of India has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023 for making amendments to the Mines and Minerals (Development and Regulation) Act, 1957 (hereinafter referred to as ‘the Act’).
With Israeli forces weaponizing starvation and Hamas embedding itself within civilian infrastructure, much ink has been spilled over the geopolitical ramifications and, moreover, over who is in the right. The fact remains that every 10 minutes, a child is killed in Gaza. According to Human Rights Watch, even before the current hostilities, 1.2 million of the 2.2 million people in Gaza faced acute food insecurity, with over 80% reliant on humanitarian aid. At this juncture, on World Humanitarian Day, it is vital to discuss the instrumental work being done by humanitarian workers across conflict zones, from the streets of Haiti to the coasts of Rakhine.
The Bhartiya Vayuyan Vidheyak Bill 2024 seeks to remove the outdated laws of the aircraft bill 1934 which has also been amended 21 times at a time when India is one of the fastest growing civil aviation among its global partners and also in accordance to its 2047 vision- VIKSIT BHARAT. The Lok Sabha on Friday i.e. 9th august 2024 passed this bill to replace the 90-year-old bill and to improve the ease of doing business.
The Algerian Boxer, Imane Khelif made a historic victory by winning the gold medal at the Paris Olympics 2024 in the women's 66 kg final boxing at the same time overcoming online abuse and criticism against her gender identity.
On August 5, Sheikh Hasina resigned from her position as the longest-serving prime minister of Bangladesh. A month-long protest and clash between the government and the Bangladeshi students, later supported by the opposition led to her downfall.