Does this Budget go all out for youth and entrepreneurship?

Could India's demographic dividend finally start contributing to the country's growth targets? This year's budget is among the few that outrightly supports youth, entrepreneurship and promotes young people to set up businesses and create jobs instead of just join the queue the employment market. As a young digital entrepreneur myself, this comes as a big relief that processes are being streamlined, there is improvement planned in ease of paperwork and that the country's will once again try and recreate a solid base of entrepreneurs in the new digital and tech age.

So here are 10 reasons why this budget should resonate with young people

-Self Employment and talent Utilisation (Setu) to be Established with a corpus of 1000 crore rupees. Incubating start-ups and create jobs is going to be the focus.That's a good concept, for one it suggests the need to focus and promote the idea of self-employment and support tech based start-ups. Will it help it converting job-seekers to job- creators? One is very hopeful to see this work out, and increasingly get more funds with every budget here on.

-Ease of doing business for start-ups: The community remains harrowed with the amount of paperwork that has to be maintained. By allowing for more digital signatures, soft copies and scanned documentation, the budget lifts off accounting  nightmares of the logistical kind.

-More AIIMs, IIMs announced. Given the job-skill gap and the shortage of seats for higher specialized education, this should open up opportunities for more student to pursue professional courses.

-Online excise and service tax registration in two working days should give start-ups and most young organisations engaged in getting approvals a much needed relief. Hopefully this will not have a fineprint which goes against the intent.

-Permission raj to go and systems to be streamlined for people to set up businesses. A regulatory structure-anticipated to a simpler one - to be brought in and hopefully encourage more entrepreneurship.

-Individuals can end up saving upto Rs 4.44 lakh every year due to various exemptions. That's great news for new entrants in the job market which putsmore money in their hands to spend and lifts off tax burden in early career stages.

-Propose the 'Nayi Manzil' scheme for the minority youth. Specifically for youth without school leaving certificates, they will get support to get jobs.

-Effort by the government to restore heritage sites like churches of Goa, Jalianwala Bagh in Amritsar, the Elephanta Caves, sites in Hampi and other. As youth we have always wondered why India has been slow to protect its history and culture, this budget gives us faith.

-National Skill Mission to be launched, to develop employability of youth, especially below 25 years of age

-Making India into a manufacturing hub promises to increase jobs. This has long been a point on the budget's to-do list but one hopes with growth focus over deficits, some of these objectives will come through.