India, July 21 -- The Government of India issued the following news release:
The Government has approved Employment Linked Incentive Scheme at a budgetary outlay of Rs 99,446 crore.
The scheme has a registration period of two years from 01.08.2025 to 31.07.2027.
The Scheme has following two parts:
Part A: Under this part, as per eligibility criteria of the scheme guidelines, first timer shall be paid incentive equivalent to one completed month EPF wage, subject to a maximum of Rs 15000/- in two installments.
Part B: Under this Part, incentive upto a maximum of Rs 3000/- per.month per employee will be provided for creation of additional employment for a sustained period of at least six months subject to eligibility criteria as described...