Current Affairs - National - Discussion

Prime Minister Narendra Modi announced a ₹15,000 incentive scheme on July 19, 2025, aimed at encouraging first-time employment in the private sector, particularly targeting youth in states like Bihar. The initiative seeks to address unemployment and reduce migration by offering financial support to individuals entering formal private jobs for the first time. With a planned rollout from August 1, 2025, and a substantial budget allocation of ₹1 lakh crore, the scheme is positioned to make a significant impact on local job creation, youth retention, and overall economic development in underemployed regions such as East Champaran and beyond.