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Budget 2015: What is in it for women

Women and Budget 2015-16
Women and Budget 2015-16

NEW DELHI: Budgets often allocate resources to the welfare of women. Finance minister Arun Jaitley has provided close to Rs 80,000 crore in 2015-16.

Here is a list of things Budget 2015-16 does for women:

1.     Women safety: This was the most talked about topic for the entire year. Since the Delhi rape incident, high importance is provided to women safety. The Nirbhaya fund was set up to help increase women safety all over India. The finance minister promised an additional Rs 1000cr to the fund. 

2.     Apprentice College for women: Though no new special schemes were introduced for women in this budget, new colleges were proposed. New Apprenticeship Training Institutes for women are proposed by the ministry in both Haryana and Uttrakand.

3.    Women and child development scheme: The women and child development schemes provide funds for women in the rural areas for training and employment programmes. It helps women to be financially independent. A fund in this kitty was increased to 10,351 crore.

4.    Sukanya smriti: This scheme was introduced by the government prior to the budget. This scheme provides a bank account and additional tax free interests for the money deposited in the name of a minor girl child. The union budget of 2015 has announced continued tax exemption for the interests accumulated from this account.