India, July 1 -- The Prime Minister Narendra Modi-led Cabinet on Tuesday approved the Employment Linked Incentive (ELI) scheme to promote job creation and improve social security.

The scheme aims to promote employment generation, enhance employability and social security across all sectors, with a particular focus on the manufacturing sector.

Union minister Ashwini Vaishnaw said that the ELI scheme, with an outlay of Rs. 99,446 crore, will support the creation of over 3.5 crore jobs in the country.

Published by HT Digital Content Services with permission from Hindustan Times....