Archive · 3 Jul 2025
CPI(M) Slams Employment Incentive Scheme: Calls for Scrap
The CPI(M) party is very unhappy about the government's new plan called the ELI Scheme.
They think it's a bad idea because they believe it will mostly help big companies and not the workers.
The party is calling on the government to stop the plan.
They say the scheme will lead to unstable jobs, where workers might not have a lot of job security, and it's unfair to workers.
Basically, they think the plan is just helping businesses make more money instead of helping the people.
CPI(M) strongly opposes the Employment Linked Incentive (ELI) Scheme.
The party claims the scheme benefits large corporate houses at the expense of workers.
CPI(M) demands the ELI scheme be immediately scrapped.
The party accuses the government of crony capitalism through the scheme.
CPI(M) alleges the scheme promotes insecure, low-quality employment.
- Who
- The Communist Party of India (Marxist) and the Central Government.
- What
- The Employment Linked Incentive (ELI) Scheme.
- When
- Approved recently by the Union Cabinet.
- Where
- India.
- Why
- CPI(M) opposes it, citing it benefits corporations at the expense of workers.
Arguments Against the Scheme
Arguments For the Scheme
Impact on Workers
Arguments Against the Scheme
The scheme benefits large corporate houses at the expense of workers.
Arguments For the Scheme
The government claims it creates over 3.5 crore jobs through EPFO.
Employment Quality
Arguments Against the Scheme
It promotes insecure and low-quality employment.
Arguments For the Scheme
The scheme incentivizes job creation.
Fund Allocation Priorities
Arguments Against the Scheme
The scheme is a deceptive scheme of transferring public funds to the corporates veiled in the promise of enhancing job creation, employability and social security.
Arguments For the Scheme
The Union Cabinet Wednesday approved the ELI scheme with an outlay of Rs 1.07 lakh crore.
- Scheme Name
- Employment Linked Incentive (ELI) Scheme
- Criticizing Party
- CPI(M)
- CPI(M) Stance
- Strongly opposes the scheme
- CPI(M) Demand
- Scrap the ELI scheme
- Allegation
- Crony capitalism
