New Delhi, July 15 (IANS) The employment-linked incentive (ELI) scheme represents the second step after the production-linked incentive (PLI) scheme in the direction of building an Atmanirbhar Bharat, Labour Minister Dr Mansukh Mandaviya has stressed.
The ELI scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth.
The minister described the initiative as a win-win for both employers and job seekers.
During a high-level virtual meeting of state labour ministers and state industry ministers, he cited KLEMS data, published by the Reserve Bank of India (RBI), highlighting that over 17 crore employment opportunities were generated during the last decade, according to a Ministry of Labour and Employment statement.
This, he noted, is a reflection of the significant economic progress made by the country, particularly driven by robust growth in sectors such as construction, manufacturing, and services.
Dr Mandaviya emphasised that this momentum must be sustained and further accelerated through schemes like ELI, which are designed to create quality jobs, deepen formalisation, and support inclusive development.
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