The Union Cabinet has greenlit the ELI Scheme, aiming to create 3.5 crore formal jobs between August 2025 and July 2027. The scheme offers salary support up to ₹15,000 for first-time EPFO-registered employees and monthly incentives up to ₹3,000 for employers.
🧩 Scheme Breakdown:
- Part A: ₹15,000 wage support for new employees via Direct Benefit Transfer.
- Part B: Employers hiring 2–5+ new workers get ₹1,000–₹3,000/month per employee.
- Focus sectors: Manufacturing, services, MSMEs.
