What is the Employment Linked Incentive (ELI) scheme?
July 04
WHAT?
The Employment Linked Incentive (ELI) Scheme is a significant government initiative in India, announced in the Union Budget 2024-25, aimed at boosting formal job creation, enhancing employability, and expanding social security.
Approved by the Union Cabinet on July 1, 2025, the scheme is part of a broader ₹2 lakh crore package targeting 4.1 crore youth over five years. With a specific outlay of ₹99,446 crore, it seeks to generate over 3.5 crore jobs, focusing on first-time employees and the manufacturing...
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