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Employment-Linked Incentive Scheme Explained

EMPLOYMENT-LINKED INCENTIVE SCHEME FOR FORMAL JOB CREATION Why in the News? Cabinet approval: The Union Cabinet approved the Employment-Linked Incentive (ELI) scheme to boost formal job creation, especially in manufacturing. This represents one of the most significant policy changes in recent years aimed at employment generation. Massive outlay: With a budget of ₹99,446 crore, the …

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