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 in the  Scheme guidelines..

The scheme was formulated after extensive consultations with all stakeholders including Ministries, Trade Unions, Industry Associations and Experts.

This information was given by the Minister of State for

Labour and Employment Sushri Shobha Karandlaje in

written reply to a question in Lok Sabha today.

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MG/DK

(Release ID: 2146470)