Ani Wire: Key Developments from the Ministry's Meeting on ELI Scheme
Friday, 13 September 2024, 20:17
Ani Wire: Ministry Meeting Highlights
The Ministry of Labour and Employment recently convened a significant meeting with industry leaders to discuss the Employment Linked Incentive (ELI) Scheme. This initiative, which was recently launched in the 2024-25 Union Budget, aims to drive job creation and enhance workforce participation.
Key Objectives of the ELI Scheme
- Stimulate Employment: The scheme is designed to encourage companies to create new jobs.
- Support Industry Growth: By providing financial incentives, industries can expand and employ more workforce.
- Enhance Skills: The meeting highlighted the importance of aligning training programs with industry needs.
Industry Leaders' Perspectives
In the meeting, industry leaders shared their views on the anticipated benefits of the ELI Scheme. They discussed strategies for maximizing the impact of this initiative on various sectors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.