Archive · 2 Jul 2025
India's ELI Scheme to be Available to All Companies
The Indian government is starting a new program called the Employment-Linked Incentive (ELI) scheme to help create jobs.
It will be available to all companies that offer formal sector jobs.
The government will give money to help businesses hire new workers and help first-time employees.
The goal is to encourage companies to hire more people by providing them with incentives and it hopes to reduce unemployment, especially among young people.
The ELI scheme, approved by the Union Cabinet, will be available to all companies.
Operational guidelines for the ELI scheme are expected to be issued soon.
Companies will apply to the EPFO to avail benefits under the ELI schemes.
The ELI schemes aim to incentivize the creation of over 3.5 crore jobs in two years.
The first scheme offers a one-month EPF wage up to ₹15,000 in two installments.
- Who
- Union Cabinet
- What
- Employment-Linked Incentive (ELI) scheme
- When
- Tuesday (approval)
- Where
- India
- Why
- To incentivize job creation and encourage private sector hiring.
- Scheme Name
- Employment-Linked Incentive (ELI)
- Availability
- All Companies
- Job Creation Target
- Over 3.5 crore in 2 years
- Employee Incentive (Scheme 1)
- Up to ₹15,000 (first-time employees)
- Employer Incentive (Scheme 2)
- Up to ₹3,000 per month for 2 years per employee
- Budget
- Rs 99,446 crore
- Eligibility (Employees)
- Salaries up to ₹1 lakh
Sources
What Is Employment Linked Incentive Scheme, Approved By Modi Govt?
Cabinet approves Employment Linked Incentive scheme to boost job creation
Govt Clears Rs 1.07 Lakh Cr Job Incentive Plan
Employment push: Union Cabinet Clears ₹1 lakh cr scheme for 3.5 crore jobs, focus on manufacturing
Govt Approves ELI Scheme: How First-Time Workers Can Get Up To Rs 15,000
Cabinet approves Khelo Bharat Niti, says it will bring India into top-5 of world sports
Cabinet approves ₹1 trillion each for employee-linked incentives, R&D
Cabinet approves Rs 1,853 crore project to upgrade Paramakudi–Ramanathapuram highway
Modi govt clears scheme to give job market entrants one month’s wage of up to Rs 15k as incentive
Employment Linked Incentive scheme to create 3.5 crore jobs in 2 years
Cabinet approves ₹ 1 trillion each for employment, R&D
Mint Quick Edit | Can India’s ELI scheme generate 35 million jobs?
