Centre to roll out employment incentive scheme from Aug 1, targets 3.5 crore jobs in two years

July 25, 2025 4:34 PM

Centre to roll out employment incentive scheme from Aug 1, targets 3.5 crore jobs in two years

The Government’s Employment Linked Incentive Scheme, recently approved by the Union Cabinet, will come into effect from August 1. With a significant outlay of ₹99,446 crore, PM Viksit Bharat Rozgar Yojana (PM-VBRY) is expected to generate over 3.5 crore jobs across sectors in the next two years. Out of these, 1.92 crore beneficiaries are projected to be first-time entrants into the formal workforce. The scheme will be applicable to all eligible jobs created between August 1, 2025, and July ...

Cabinet nod for ELI scheme to create over 3.5 crore jobs

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...