Explorer

ELI Scheme Is Next Step After PLI To Achieve Atmanirbhar Bharat: Labour Minister

The ELI scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth

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.

Also read Will Elon Musk Visit India For Tesla Showroom Opening In Mumbai? Details Here

Labour and industry are two sides of the same coin, the Minister said, adding that both must work in close coordination for the greater good of the nation’s workforce and economy. He assured participants that procedural formalities under the scheme have been kept simple to ensure ease of access and encourage wide participation.

The Union Minister also urged state ministers to actively promote the scheme through media briefings, television and radio interviews, and other outreach platforms. He emphasised the importance of comprehensive planning and awareness-building at the grassroots level.

With a total outlay of Rs. 99,446 crore, the ELI scheme aims to create over 3.5 crore jobs across the country over a two-year period.

During the meeting, 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.

(This report has been published as part of the auto-generated syndicate wire feed. Apart from the headline, no editing has been done in the copy by ABP Live.)

Top Headlines

8th Pay Commission: Why Employee Body Is Demanding 3.0-3.25 Fitment Factor
8th Pay Commission: Why Employee Body Is Demanding 3.0-3.25 Fitment Factor
Can Checking Your Credit Score Lower It? Here’s What Borrowers Should Know
Can Checking Your Credit Score Lower It? Here’s What Borrowers Should Know
From Insurance To Check-Ups: Why Healthcare Spending Is Rising For Indian Families
Why Healthcare Is Now As Important As Housing Or Education In Family Budgets
From Oil Prices To FII Selling: Major Forces Behind Today’s Stock Market Fall
From Oil Prices To FII Selling: Major Forces Behind Today’s Stock Market Fall

Videos

Alvida Jumma: Shia Community Prays for Peace Amid Iran Tensions in Delhi & Jaipur
Tehran Kurdish March: Global Kurdish Day Observed Amid US Drone Strikes on Iran
Ramadan Peace Report: Jumma Prayers Across India Seek Calm Amid Middle East Conflict
UP Politics Alert: Controversy Erupts Over CO Kuldeep Kumar’s Statement in Sambhal
Political Debate: Controversial Police Statement Sparks Clash Between SP & BJP Spo

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget