New Delhi: Taking a major decision on Tuesday, (July 1), the Union Cabinet has approved the Employment (ELI) scheme of about one lakh crore rupees. Many such rules have been made in this scheme of the Central Government, which will increase the number of employment. Through this scheme, more than three and a half crore employment will be generated in the country during the next two years.

Giving information about the decisions of the cabinet, Union Information and Broadcasting Minister Ashwini Vaishnav said that the scheme is divided into two parts. Part-e In the first time, employees getting jobs will get one month’s salary (15 thousand rupees) in two installments. There itself, Part-B In the account of the employer will be given directly in the employer’s account directly every month per employee per employee per employee. The manufacturing sector will get an extended benefit of two years.

When will the ELI scheme be implemented?

Explain that the benefit of this scheme of the Central Government will be applicable to jobs available between August 2025 to 31 July 2027. Ashwini Vaishnav said that its goal is to create new opportunities for additional jobs in the formal sector, to promote the employment capacity and social security of the workforce. Along with this, the manufacturing mission of the country has to be speeded up with better workforce.

Who will benefit from ELI scheme?

• Employees of all sector getting employment for the first time will be eligible for profit.
• About 1.92 lakh crore employees benefit from Part-A.
• Employees earning one lakh rupees per month will be eligible.
• The employee will get the amount in the sixth and 12th month.
• This will encourage new employees to save.

Companies will get benefit under Part-B

• The government has provided in Part-B that companies will be encouraged in proportion to salary for the next two years. This will be the highest Rs 3000 per employee.
• Payment on six months on keeping additional employees.
• Incentive amount will also be given for the third and fourth year for providing employment from the manufacturing sector.

Conditions of Qualification-

• The job giver will have to give work to additional employees from the fixed limit.
• A company with less than 50 employees registered with EPFO ​​will have to give jobs to at least two additional people.
• At the same time, a company with more than 50 employees will have to work to at least five extra people.

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All payments under Part-A will be made via DBT using the Aadhaar Bridge Payment System (ABPS). At the same time, under Part-B, payment to employer employees will be paid directly in accounts to their PAN.