Eli Scheme: The government in the country is going to start Employment Linked Incentive Scheme (ELI) from August 1. Under this, Rs 15,000 will be given by the government to the youth working for the first time. The purpose of the scheme is to encourage youth for employment, prepare a skilled workforce for the coming time in the country, to meet the immediate need of job creation and promote the manufacturing industry.

Who will get the benefit of the scheme?

The benefit of this scheme of the government will be available to the employees joining between 1 August 2025 and 31 July 2027. The youth who join the job next or first will not be included in the scheme. The government has also kept a budget of Rs 99,446 crore for this.

Not only the employees will get the benefit of this scheme, but companies will also get it. They will be given Rs 3,000 per month per employee. The government wants more and more people to get jobs through this scheme. The government aims to create a more structured and effective framework to promote employment opportunities.

Who will be considered the first job?

Under this scheme, employees who earned up to Rs 1 lakh per month for the first time will be given incentive equal to one month EPF salary. Its maximum limit is Rs 15,000. For the first time, he will be considered as a PF account open for the first time. Suppose you are doing a job somewhere, but your PF does not cut.

After the implementation of the scheme from August 1, as soon as you come under the purview of PF, you will be eligible for this scheme. This money will be found in two installments-: The first installment will be found after six months and the second installment after 12 months after completing the financial literacy program. The government will also give money per employee to the company.

Conditions for Company

The government will give Rs 3,000 a month to the company for per employee with salary of up to Rs 1 lakh. If the salary of an employee is Rs 10,000 or less, then the money will also be given in proportion to the same. If the salary is between Rs 20,000 to Rs 1 lakh, then the company will get 3,000 per employee.

However, the condition is that the company should be registered under the EPFO. If there is less than 50 employees in the company, then two new employees will have to be appointed under this scheme and if more than 50 are, then 5 new employees will have to be appointed, who will have to work with the institute for at least six months.

Another feature of the scheme

Another special thing about the scheme is that it will not have to be applied for this. With the opening of the PF account, your data will go to the government and after deducting PF money for 6 consecutive months, the amount of inauguration will automatically come to your account.

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Eli Scheme: The central government brings various schemes for the people of the country. These schemes of the government get the benefit of people coming from different sections of the country. In the recent past, the unemployment rate in the country has increased significantly. The youth who are waiting for a job after studying. A very good news has come for him. The Government of India has approved ELI ELI, Employment Linked Incentive Scheme of employment of Rs 1.07 lakh crore.

Through this scheme, 3.5 crore new jobs will be created in the next two years across the country. For the first time, the employees working for the job will also be given incentive amount by the government. Learn how to get a job through this scheme. Who else can apply for this.

https://www.youtube.com/watch?v=fekwmigg33y

What is the Employment Linked Incentive Scheme?

The Central Government’s Employment Linked Incentive Scheme will not directly provide jobs. Rather it will encourage companies for jobs. So with this, the incentives to the people working. Under this scheme, youth will get more benefits in the manufacturing sector. People who will do the job for the first time under this scheme. They will be given an incentive amount of up to Rs 15000 by the government.

And the same companies will be given a separate encouragement for 2 years to create more jobs. Explain that under this employee linked incentive scheme, 3.5 crore jobs will be created in the next 2 years. Out of which 1.92 crore beneficiaries will be included in the job for the first time, this scheme will be applicable to the jobs created from 1 August 2025 to 31 July 2027.

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How will you get benefit in this scheme?

Let us tell you that for the first time, people working for the first time will be given an incentive amount of up to Rs 15000 by the government. Which will be given in two installments. For the first time, the first installment will be given to the people working for the job after 6 months of joining the job. So there will be a second installment after a period of 12 months. This rule will apply to employees with salary up to 1 lakh. Not only this, the government will also give Rs 3000 every month as incentive amount to provide jobs to companies.

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Who can apply for this?

All people will get the benefit of this scheme of the government. For this, no specific qualifications have been fixed at the moment. Nor has any ban has been imposed. All those who are unemployed will be given benefits from the government for getting employment. There is neither age and any other restriction of age.

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