Employment Generation

July 1, 2025 4:53 PM

Cabinet nod for ELI scheme to create over 3.5 crore jobs

The Union Cabinet on Tuesday gave its nod to the Employment Linked Incentive (ELI) Scheme aimed at encouraging large-scale job creation and strengthening social security for the country’s workforce. The ELI Scheme, which was announced in the Union Budget 2024–25 as part of the Prime Minister’s package of five schemes for youth employment and skilling, has a total budget outlay of Rs 99,446 crore. It targets the creation of over 3.5 crore jobs within two years, with benefits applicable for...

April 2, 2025 1:23 PM

GeM facilitates hiring of over 1 million resources in FY 2024-25, PM Modi lauds platform’s impact

The Government e-Marketplace (GeM) has achieved a significant milestone by facilitating the hiring of over 1 million manpower resources by government organizations in the current fiscal year (2024-25), according to the Ministry of Commerce & Industry. Recognizing GeM’s contribution to employment generation and economic growth, Prime Minister Narendra Modi commended the platform’s impact. Responding to a post by Union Minister Piyush Goyal on social media platform X, the Prime Minister s...

January 16, 2025 12:38 PM

Startup India marks nine years: 1.59 lakh startups recognised, 16.6 lakh jobs created

India celebrates the ninth anniversary of the Startup India initiative on Thursday, a program that has transformed the country into the world’s third-largest startup ecosystem. Observed annually on January 16 as National Startup Day, the initiative has led to the recognition of 1.59 lakh startups by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15. It has also generated over 16.6 lakh direct jobs between 2016 and October 31, 2024. According to a statement ...