Ani Wire: Key Meeting on Employment Linked Incentive (ELI) Scheme
Friday, 13 September 2024, 20:17
Ani Wire: Insights from the Recent ELI Scheme Meeting
The Ministry of Labour and Employment convened a significant meeting with industry leaders to discuss the Employment Linked Incentive (ELI) Scheme. This initiative was recently incorporated into the Union Budget 2024-25 to stimulate job creation and support workforce development.
Overview of the ELI Scheme
The ELI Scheme is designed to provide incentives to firms that create employment opportunities for the youth. During the meeting, key discussions centered around the implementation and potential impact of this scheme on various industries.
- Impact on Job Creation
- Incentives for Employers
- Future of Employment
Key Takeaways from the Meeting
- Industry leaders expressed strong support for the initiative.
- The scheme is expected to enhance workforce engagement.
- Monitoring and evaluation strategies are critical for its success.
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.