Labour and employment minister Mansukh Mandaviya nudged states to consider linking their respective employment-oriented schemes with the objectives of the Employment Linked Incentive (ELI) scheme while urging them to actively promote the ELI scheme which comes into effect from August 1.
Chairing a high-level virtual meeting with labour and industry ministers of state, minister Mandaviya on Monday deliberated with states on the implementation modalities and explored collaborative strategies needed for the effective rollout of the Employment Linked Incentive (ELI) scheme.
“The ELI scheme represents the second step after the production linked incentive (PLI) scheme in the direction of building an Atmanirbhar Bharat,” he said.
“The ELI scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth,” he said, adding the initiative is a win-win for both employers and job seekers.
Citing the KLEMS data, published by the Reserve Bank of India (RBI), which shows over 170 million employment opportunities were generated in India during the last decade, Mandaviya said it 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.
“This momentum must be sustained and further accelerated through schemes like ELI, which are designed to create quality jobs, deepen formalization, and support inclusive development,” he added.
Addressing states, Mandaviya said that labour and industry are two sides of the same coin and that all stakeholders must work in close coordination for the greater good of the nation’s workforce and economy.
“The procedural formalities under the scheme have been kept simple to ensure ease of access and encourage wide participation,” Mandaviya said, urging states to actively promote the scheme through media briefings, television and radio interviews, and other outreach platforms.
Emphasizing the importance of comprehensive planning and awareness-building at the grassroots level, Mandaviya emphasized that states may consider linking their respective employment-oriented schemes with the objectives of the ELI Scheme.
The union cabinet had recently approved the Rs 99,446 crore ELI Scheme, to be implemented through the Employees’ Provident Fund Organisation (EPFO). The aim of the scheme is to create over 35 million jobs across the country over a two-year period.
A statement issued by the ministry of labour and employment said labour and industry ministers from Gujarat, Assam, Bihar, Chhattisgarh, Arunachal Pradesh, Madhya Pradesh, Jharkhand and several other states appreciated the initiative and assured their full cooperation in ensuring its successful implementation across their respective regions.
“The state ministers proposed that dedicated events, awareness programmes, and conferences may be organized at the district level in collaboration with state governments to help disseminate comprehensive information about the scheme, promote its adoption, and ensure that its benefits reach the grassroots level and last-mile beneficiaries,” it said.
Chairing a high-level virtual meeting with labour and industry ministers of state, minister Mandaviya on Monday deliberated with states on the implementation modalities and explored collaborative strategies needed for the effective rollout of the Employment Linked Incentive (ELI) scheme.
“The ELI scheme represents the second step after the production linked incentive (PLI) scheme in the direction of building an Atmanirbhar Bharat,” he said.
“The ELI scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth,” he said, adding the initiative is a win-win for both employers and job seekers.
Citing the KLEMS data, published by the Reserve Bank of India (RBI), which shows over 170 million employment opportunities were generated in India during the last decade, Mandaviya said it 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.
“This momentum must be sustained and further accelerated through schemes like ELI, which are designed to create quality jobs, deepen formalization, and support inclusive development,” he added.
Addressing states, Mandaviya said that labour and industry are two sides of the same coin and that all stakeholders must work in close coordination for the greater good of the nation’s workforce and economy.
“The procedural formalities under the scheme have been kept simple to ensure ease of access and encourage wide participation,” Mandaviya said, urging states to actively promote the scheme through media briefings, television and radio interviews, and other outreach platforms.
Emphasizing the importance of comprehensive planning and awareness-building at the grassroots level, Mandaviya emphasized that states may consider linking their respective employment-oriented schemes with the objectives of the ELI Scheme.
The union cabinet had recently approved the Rs 99,446 crore ELI Scheme, to be implemented through the Employees’ Provident Fund Organisation (EPFO). The aim of the scheme is to create over 35 million jobs across the country over a two-year period.
A statement issued by the ministry of labour and employment said labour and industry ministers from Gujarat, Assam, Bihar, Chhattisgarh, Arunachal Pradesh, Madhya Pradesh, Jharkhand and several other states appreciated the initiative and assured their full cooperation in ensuring its successful implementation across their respective regions.
“The state ministers proposed that dedicated events, awareness programmes, and conferences may be organized at the district level in collaboration with state governments to help disseminate comprehensive information about the scheme, promote its adoption, and ensure that its benefits reach the grassroots level and last-mile beneficiaries,” it said.
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