<h1>Government launches Rs 1.07 lakh crore Employment Linked Incentive scheme targeting 3.5 crore jobs in manufacturing</h1> The government approved an Employment Linked Incentive scheme worth Rs 1.07 lakh crore to boost job creation and enhance employability across sectors, particularly manufacturing. The Union Cabinet decision aims to generate over 3.5 crore jobs within two years. The scheme provides incentives up to Rs 3,000 monthly for two years per additional first-time employee, targeting those earning up to Rs 1 lakh. Manufacturing sector employers receive extended incentives for third and fourth years, supporting enhanced social security and employment generation nationwide.