ELI scheme: ₹1 lakh crore for 3.5 crore jobs
What happened
- The Cabinet approved the Employment Linked Incentive scheme with ₹1 lakh crore outlay to support over 3.5 crore jobs in two years [PIB].
- First-time employees get one month’s wage up to ₹15,000 in two instalments; employers get incentives for two years, extended for manufacturing [PIB].
Background
- The scheme was announced in the Union Budget [PIB].
Why it matters
- Paying firms to add payroll jobs is a formalisation tool.
How to use this in Mains
- As per PIB (2025-07-01): the Cabinet approved the Employment Linked Incentive scheme with ₹1 lakh crore outlay to support over 3.5 crore jobs in two years.
- Paying firms to add payroll jobs is a formalisation tool.
Quotable data pointFirst-time employees get one month's wage up to ₹15,000 in two instalments; employers get incentives for two years, extended for manufacturing.
PIB: Cabinet: ELI Scheme, 1 Jul 2025
Exam angle
UPSC
Prelims: ELI.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
ELI benefit to first-time employees
Answer (b) & explanation
PIB.
Go deeper
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Official source: PIB: Cabinet: ELI Scheme, 1 Jul 2025
facts from cited sources only; faculty review pending