Union finance minister Nirmala Sitharaman announced several measures in the Union Budget 2020 that would directly impact the youth of the country. The measures include new possibilities of jobs and internship with local bodies, enhanced expenditure for the education and skill development sectors and opening of new MBBS colleges under the PPP mode. Apart from this, the reduction in income tax rates are also likely to benefit a large number of young professionals who earn annual incomes of between Rs 5 and 15 lakh.