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ELI scheme to promote job creation, social security: Official
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....LI scheme to promote job creation, social security: Official<BR>PTI News<BR>Dated:- 8-7-2025<BR>PTI<BR>Kolkata, Jul 8 (PTI) The Employment Linked Incentive (ELI) announced in the budget for 2024-25 wi....
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....th an outlay of Rs one lakh crore, will promote job creation and provide social security, an official of Employees' Provident Fund Organisation (EPFO) said on Tuesday. Regional PF Commissioner-I Rand....
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....hir Kumar said that the scheme is aimed at incentivising creation of 3.5 crore jobs over a period of two years, that it will be effective from August 1, 2025, and to continue till July 31, 2027. He s....
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....aid out of the total of 3.5 crore, 1.92 crore beneficiaries will be first-timers entering the workforce. Kumar said the thrust of the scheme is on the manufacturing sector, adding that you get benefi....
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....ts under the scheme, the establishments need to be registered with the EPFO. For first-time employees, the scheme provides for a maximum amount of Rs 15,000 per annum to be paid in two instalments. ....
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....The employers will also get incentives by getting an amount of Rs 3,000 per month for each additional and sustained employment generated, he said. For the manufacturing sector, the benefits will be e....
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....xtended by two years, he said. PTI dc RG<BR> News - Press release - PIB....