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The Union Cabinet Approves ₹99,446 Crore Employment-Linked Incentive (ELI) Scheme to Generate Over 3.5 Crore Jobs
The Union Cabinet, led by Prime Minister Shri Narendra Modi, has approved the Employment Linked Incentive (ELI) Scheme with a budget of ₹99,446 crore. The goal is to promote large-scale formal employment in various sectors, especially manufacturing. This initiative aims to create more than 3.5 crore formal jobs over two years, focusing on youth and first-time employees. The scheme covers jobs created between August 1, 2025, and July 31, 2027. It is part of the…
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