New Delhi, July 1 -- Union Minister Ashwini Vaishnaw on Tuesday said that the Union Cabinet that met on Tuesday under Prime Minister Narendra Modi's chairmanship approved Employment Linked Incentive (ELI) Scheme to boost job creation, incentivize first-time employees and strengthen social security for the workforce in the country.

With an outlay of Rs. 99446 crore, the ELI Scheme will support creation of over 3.5 crore jobs, Vaishnaw said.

Gives details on the Employment Linked Incentive Scheme approved by the Union Cabinet, the Union Minister said, "...The focus of the Employment Linked Incentive Scheme will be on the manufacturing sector. It has two parts; part one is for first timers and part two for support to sustained employment.....