ELI Scheme Represents Second Step after PLI Scheme in Direction of Building an Atmanirbhar Bharat - Dr. Mandaviya

A high-level virtual meeting of State Labour Ministers and State Industry Ministers was convened under the chairpersonship of the Union Minister of Labour & Employment and Youth Affairs and Sports, Dr Mansukh Mandaviya in New Delhi today. The objective of the meeting was to deliberate on the implementation modalities and explore collaborative strategies for the effective rollout of the Employment Linked Incentive (ELI) Scheme.

Addressing the gathering, Dr. Mandaviya, underscored that the ELI Scheme represents the second step after the PLI Scheme in the direction of building an Atmanirbhar Bharat. He stated that the scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth. He described the initiative as a win-win for both employers and job seekers.

Dr. Mandaviya cited KLEMS data published by the Reserve Bank of India (RBI), highlighting that over 17 crore employment opportunities were generated during the last decade. This, he noted, is a reflection of the significant economic progress made by the country, particularly driven by robust growth in sectors such as construction, manufacturing, and services. He emphasized that this momentum must be sustained and further accelerated through schemes like ELI, which are designed to create quality jobs, deepen formalization, and support inclusive development.

“Labour and industry are two sides of the same coin,” the Minister said, adding that both must work in close coordination for the greater good of the nation’s workforce and economy. He assured participants that procedural formalities under the scheme have been kept simple to ensure ease of access and encourage wide participation.