ELI SCHEME
Centre asks states to link their employment-oriented schemes with the objectives of ELI
In a virtual meeting with labour and industry minister of states to gauge their preparedness for the roll-out of the Employment-Linked Incentive (ELI) scheme from August 1, labour and employment minister Mansukh Mandaviya also urging them to actively promote the ELI scheme, saying ELI scheme represents the second step after the Production Linked Incentive (PLI) scheme in the direction of building an Atmanirbhar Bharat.
GCCs should actively participate in the ELI scheme: Labour secretary Vandana Gurnani
Speaking at the GCC Business Summit, organized by the Confederation of Indian Industry (CII) on Monday, Gurnani said there are very substantive benefits available under the ELI scheme, not just to employees but to employers as well.
Bharat Bandh today: Get ready for power troubles as electricity workers to join strike against Modi govt
Ten central trade unions initiated a nationwide strike on Wednesday. Postal, banking, electricity, and public transport services faced disruptions. The unions claim 25 crore workers participated, protesting new labour codes. All India Trade Union Congress reported widespread agitation across multiple states. Farmers' unions in Punjab, Haryana, and Rajasthan also joined with protests.
Bharat Bandh Tomorrow: Over 25 crore workers to strike on Wednesday; Banks, transport, post offices and more sectors likely to be hit nationwide
Bharat Bandh Tomorrow (9th July): Over 25 crore Indian workers are set to strike nationwide on Wednesday, protesting the government's pro-corporate policies. Key sectors like banking, mining, and transport are expected to face disruptions as unions voice concerns over labor rights, privatization, and wage stagnation. Farmers and rural workers are also joining, amplifying the strike's impact against economic policies.
New Employment Linked Incentive Scheme from August 1, 2025, to give one month's EPF wage: Who is eligible and how much money they can get
The newly introduced schemes showcase the government's focus on employment generation. The schemes will be applicable for jobs created between August 1, 2025, and July 31, 2027, across all sectors, with a substantial budget allocation of Rs 99,446 crore dedicated to incentivizing both employees and employers.
Employment-linked incentive scheme: Who will benefit?
The Union Cabinet has approved the employment-linked incentive scheme (ELI) with an outlay of Rs 99,446 crore, effective August 1st. New employees earning up to Rs 1 lakh per month will receive incentives up to Rs 15,000, while employers can get up to Rs 3,000 per month for two years per additional employee.
- Go To Page 1
Fool-proof mechanism in place to implement employment linked incentive scheme: Labour Ministry
The Labour Ministry has devised a digital mechanism for the Rs 1.07-lakh crore Employment Linked Incentive (ELI) scheme, aiming to generate 3.5 crore jobs in two years. Implemented through EPFO, the scheme learns from ABRY's shortcomings, ensuring direct benefit transfers to employees and employers.
Cabinet approves employment-linked incentive (ELI) and research development and innovation (RDI) schemes
The two mega schemes will cost around Rs 2 lakh crore and aimed at enhancing formal job creation and enhanced private sector participation in research and development. Other key decisions include upgradation of 46.7 km national highway in Tamil Nadu on hybrid annuity model and the National Sports Policy 2025.
A landmark day: PM Modi after Cabinet's nod to Khelo Bharat Niti
The government approved the Khelo Bharat Niti to boost sports. This policy focuses on excellence and economic development. A Research Development and Innovation scheme with a large corpus was also approved. An Employment Linked Incentive scheme aims to create jobs. Highway construction in Tamil Nadu received a nod. These initiatives signal a strong push for growth and development in India.
Over 3 crore jobs coming soon: Cabinet approves ELI scheme with an outlay of Rs 99,446 cr
The Union Cabinet has approved the Employment Linked Incentive (ELI) Scheme with an outlay of Rs. 99446 crore, aiming to generate over 3.5 crore jobs. This scheme incentivizes first-time employees and supports sustained employment, particularly in the manufacturing sector, by providing wage support and incentives to employers for creating additional jobs.
Cabinet approves ₹2 lk cr package for jobs, R&D, sports policy and highway project
The Union Cabinet, led by Prime Minister Narendra Modi, has given the green light to several significant initiatives. A substantial investment will be made in research and development. This aims to boost domestic manufacturing and technological advancement. An Employment Linked Incentive scheme is set to generate numerous jobs. The Khelo Bharat Niti 2025 will revamp the sports sector.
Go on, pop the innovation pill: ₹5,000 cr push signals India’s shift from copy to create
India's pharma sector is poised for innovation-led growth, fueled by patent expirations and government support. The ₹5,000-cr PRIP scheme aims to attract significant R&D investment, while companies like Zydus and Sun Pharma invest in new drug discovery. MNCs are partnering with Indian firms, and initiatives like Jan Aushadhi Kendras are improving access to affordable medicines, creating a dynamic landscape.
Govt to promote these employees day before retirement: Will their pension increase?
The Ministry of Home Affairs will grant honorary ranks, one level higher. This initiative, led by Prime Minister Modi, aims to boost morale and self-respect without financial benefits.
Deadline to activate UAN for EPFO's ELI Scheme extended again; Check new last date, how to activate your UAN and avail benefits
Employees can activate their UAN through the EPFO portal using an Aadhaar-based OTP. This activation is mandatory to claim monetary benefits under the ELI scheme announced in the Union Budget 2024.
Deadline to activate UAN for EPFO's ELI Scheme extended again; here is how to activate your UAN and avail benefits
The UAN activation and linking of bank account with Aadhaar is necessary to avail of benefits under the EPFO's Employment-Linked Incentive Scheme
Deadline to activate UAN for EPFO's ELI scheme is February 15: How to activate UAN to avail ELI benefits
The deadline to activate the Universal Account Number (UAN) and link your bank account with Aadhaar for the EPFO's Employment Linked Incentive (ELI) Scheme is February 15, 2025. UAN activation enables access to EPFO's online services.
Deadline to activate UAN for EPFO's ELI Scheme extended to this date: Here is how to activate UAN to avail ELI benefits
The UAN activation and linking of bank accounts with Aadhaar is necessary to avail of benefits under the EPFO's Employment Linked Incentive Scheme.
Deadline to activate UAN for EPFO's ELI Scheme ends on January 15, 2025: Step by step guide to activate UAN
Deadline to activate UAN: The UAN activation and linking of bank account with Aadhaar is necessary to avail of benefits under the EPFO's Employment Linked Incentive (ELI) Scheme.
EPFO extends deadline for UAN activation and linking bank account to Aadhaar for ELI scheme benefits; check last date here
ELI under EPFO: The deadline for activating Universal Account Number (UAN) and linking of bank account to Aadhaar for getting Employement Linked Incentive Scheme (ELI) benefits has been extended again. The original deadline was November 30, 2024 which was later extended to December 15, 2024. This deadline has now again been extended.
EPFO extends deadline to activate UAN for ELI scheme, check last date here
UAN Activation deadline extended: The Employees Provident Fund Organisation (EPFO) has extended the deadline to activate UAN and Aadhaar seeding of bank account to December 15, 2024, from the original deadline of November 30, 2024. The extension was announced via a post on X. The EPFO has issued the circular for the same as well.
Missed EPFO deadline to activate UAN for ELI benefits? You may get another chance to apply as govt yet to announce details
EPFO ELI deadline: The last date for UAN activation to get benefits under the ELI Scheme expired on November 30, 2024. If you are an EPF member and are eligible for ELI benefit but missed the deadline, then you may wonder if you will get another chance. ET Wealth online asked experts if EPF members will get another chance to claim benefits.
Central Board of Trustees of EPFO gave its go ahead to the Amnesty Scheme 2024
The EPFO Amnesty Scheme 2024 has been approved, encouraging employers to resolve past compliance issues without penalties and promoting job creation. It will be rolled out with the ELI schemes. The central board of trustees also approved several proposals, including simplifying bank empanelment criteria and extending interest payment benefits for EPFO subscribers.
EPFO: No ELI benefits if you don't activate UAN by November 30, 2024, how to activate UAN on EPFO member portal
UAN activation deadline: Employees must activate their Universal Account Number (UAN) and link their Aadhaar to their bank accounts. This mandatory step must be completed by November 30, 2024.
ELI benefits from EPFO: Deadline for eligible employees to activate UAN is November 30, 2024; here’s how to do it
All employees who wish to claim benefits of the employment-linked scheme (ELI) must activate their UAN and complete Aadhar verification by November 30th, 2024. ELI is classified into three categories and will cover first-time employees by offering them Rs 15,000 in 3 instalments, jobs in the manufacturing sector, and employer support.
Union Cabinet likely to approve ELI schemes after Jharkhand and Maharashtra elections
The Indian government is poised to approve employment-linked incentive schemes after assembly elections conclude in Jharkhand and Maharashtra. The labor ministry aims to implement these schemes by 2024, aiming to transition a significant portion of India's informal workforce into formal employment, ensuring minimum wages and social security benefits.
How the Employee Linked Incentive Scheme will aid in job creation
The Employment-Linked Incentive (ELI) Scheme aims to generate over 2 crore jobs within two years by formalising employment, especially in the MSME sector. It focuses on skill development, gender inclusion, and offers wage subsidies to support workforce expansion and reentry, driving economic growth and employment opportunities.
Labour ministry directs EPFO to nudge employers and employees’ association to enroll workers under ELI scheme
The labour ministry has instructed the Employees’ Provident Fund Organisation to engage with employers and employees’ associations to enroll workers under the Employment Linked Incentive schemes. These schemes, announced in the Union Budget 2024-25, aim to facilitate employment and skilling opportunities for 41 million youth over five years with a central outlay of Rs 2 lakh crore.
Labour ministry to move Cabinet note on ELI schemes, says Union Minister Mandaviya
Union Labour Minister Mansukh Mandaviya announced that the ministry will soon present a Cabinet note on the employment-linked incentive (ELI) scheme. The ELI Scheme, part of the Union Budget 2024-25, aims to create over 2 crore jobs in two years. This initiative is part of a larger package targeting employment and skilling for 4.1 crore youth.
Labour Minister Mandaviya seeks suggestions from employers on employment-linked incentive schemes
In a meeting with over a dozen industry bodies and employer organisations on Tuesday, labour and employment minister Mansukh Mandaviya said employment generation is a top priority for the government, and the ELI scheme is a step in the right direction to achieve this goal. The government aims to create 20 million formal jobs through the Employees’ Provident Fund Organisation under the three ELI schemes announced in the Budget 2024-25.
Load More
