New Delhi, July 2 -- Major Left trade union CITU on Monday flayed new Employment linked Incentive Scheme (ELI) and accused the scheme as Government's deceptive methods to transfer public funds to the employers' class.
"It is in line with the earlier '1.97 lakh crores Production Linked Incentive Scheme (PLI) and Rs.76000 crores Capital Expenditure Incentive Scheme (Capex Incentive) rolled out by the Union Govt in the name of generating employment," said CITU general secretary Tapan Sen in a statement.
The PLI scheme was launched in 2020 for 14 industries in the manufacturing sector and then expanded to total 17 industries with a claim to create 6 million jobs and to increase the contribution of manufacturing sector share to the GDP to 25 p...