💨 Abstract

The Employment Linked Incentive Scheme (ELI), designed to increase formal sector jobs, is nearing final approval. It offers financial incentives to employers and new hires and benefits will be disbursed through Direct Benefit Transfer (DBT). The budgetary allocation for ELI has been doubled to Rs 20,000 cr.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖