ELI Scheme: ₹99,446 Crore Plan for 3.5 Crore Jobs
Why in the news
Cabinet approved the Employment-Linked Incentive (ELI) scheme to boost formal hiring, chiefly in manufacturing.
Key facts
- Eligible employees: salary up to ₹1 lakh a month, plus extra hires retained for six months.
| Beneficiary | Support |
|---|---|
| First-time employee | One month’s wage, max ₹15,000 |
| Employer | Up to ₹3,000 monthly per new job for two years |
| Manufacturing employer | Years three and four also covered |
Exam angle
- Window: 1 Aug 2025 to 31 Jul 2027.
- First-timer cap: ₹15,000.