Page 40 - NIS English 16-31 July,2025

UNION CABINET DECISIONS

GOVERNMENT LAUNCHES R1 LAKH CRORE

ELI SCHEME TO CREATE 3.5 CRORE JOBS

In the last 11 years, youth have been at the centre of the policies of the Government
of India, so sectors like research, innovation, and sports, along with agriculture, have
been among the top priorities. Now, once again, the Union Cabinet has approved the
Employment Linked Incentive (ELI) Scheme for the first time to provide employment
to 3.5 crore youth. Apart from this, the decisions of the cabinet include the Research
Development and Innovation Mission with Rs 1 lakh crore, National Sports Policy-2025,
the International Potato Centre for the food producers of the country, and many
projects related to development work…

DECISION: Approval of Employment Linked Incen- opportunities to 4.1 crore youth, with a total budget
tive (ELI) Scheme with Rs 99,446 crore outlay of Rs 2 lakh crore.
IMPACT: This scheme will focus especially on the man- Part 1: First-time workers will get one month’s salary,
ufacturing sector. The government believes that these up to Rs 15,000, in two instalments. Part A will benefit
schemes will increase employment opportunities in the around 1.92 crore first-time workers.
country, strengthen the manufacturing sector, and also
promote research. This scheme will have two parts. The Part 2 : This part will cover additional employment
first part will be for those who are starting employment generation across all sectors, with a special focus on the
for the first time. At the same time, the second part manufacturing sector. Employers will get incentives with
will be to support companies that provide continuous respect to employees with a salary of up to Rs 1 lakh.
employment. The objective of this scheme is to create The government will give employers an incentive of up
more than 3.5 crore new employment opportunities in to Rs 3,000 per month for two years for each additional
the country in two years. employee with continuous employment for at least six
The benefit of the scheme will be applicable to jobs months. For the manufacturing sector, the incentives
created between August 01, 2025, and July 31, 2027. The will also be extended to the third and fourth years.
scheme has two parts, with Part 1 focused on first-time
job seekers and Part 2 focused on employers. The ELI DECISION: Approval of Research, Development
scheme was announced in the Union Budget 2024-25 and Innovation (RDI) scheme to promote research,
as part of the Prime Minister’s package of five schemes, development and innovation.
which aims to provide employment, skills, and other IMPACT: Under this, research will be encouraged

38 NEW INDIA SAMACHAR || July 16-31, 2025