{"id":2589,"date":"2025-07-03T14:55:39","date_gmt":"2025-07-03T09:25:39","guid":{"rendered":"https:\/\/www.sgcms.com\/regulatory-updates\/?p=2589"},"modified":"2025-08-18T18:00:56","modified_gmt":"2025-08-18T12:30:56","slug":"cabinet-approves-employment-linked-incentive-eli-scheme","status":"publish","type":"post","link":"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/","title":{"rendered":"Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) &#8211; Employment Linked Incentive (ELI) Scheme"},"content":{"rendered":"<h3 class=\"cvGsUA direction-ltr align-start para-style-body\"><strong><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">India Launches \u20b999,000 Cr+ <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">ELI Scheme!<\/span><\/strong><\/h3>\n<p><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">The Union Cabinet has approved the <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Employment-Linked Incentive (ELI) Scheme<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">, aimed at generating <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">3.5+ crore jobs<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> and expanding formal workforce participation<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> over the next 2 years.<\/span><\/p>\n<p class=\"cvGsUA direction-ltr align-justify para-style-body\"><strong><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-underline text-strikethrough-none\">Key Benefits for Employers<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-strikethrough-none text-decoration-none\">:<\/span><\/strong><\/p>\n<ul>\n<li><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Incentives up to \u20b93,000\/month for <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">each new employee (salary up to \u20b91L) <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">retained for 6+ months<\/span><\/li>\n<li><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Benefit Validity:<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> 2 years (Aug 2025 \u2013 July 2027)<\/span><\/li>\n<li><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Manufacturing sector: <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Incentive extended up to <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">4 years!<\/span><\/li>\n<li><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Funds disbursed via <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">DBT<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> using <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">EPFO-linked bank accounts<\/span><\/li>\n<\/ul>\n<p><strong>Key Benefits for Employees:<\/strong><\/p>\n<ul>\n<li>Targeting <strong>first-time employees <\/strong>with gross wages up to <strong>1 Lakh<\/strong> registered with EPFO<\/li>\n<li>One-month<strong> EPF wage <\/strong>up to Rs 15,000 in 2 instalments.\n<ul>\n<li>1st instalment payable after 6 months of service<\/li>\n<li>2nd instalment payable after 12 months of service post completion of financial literacy programme<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>Login Page:<\/strong> <a href=\"https:\/\/pmvbry.epfindia.gov.in\/\">https:\/\/pmvbry.epfindia.gov.in\/<\/a><\/p>\n<p><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">Aimed<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> at reducing informal employment and building a robust social security ecosystem, the ELI Scheme will drive both <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">economic growth<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\"> and <\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">people empowerment<\/span><span class=\"OYPEnA font-feature-liga-off font-feature-clig-off font-feature-calt-off text-decoration-none text-strikethrough-none\">.<\/span><\/p>\n<p>The detailed document can be found below:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2162\" src=\"https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2024\/09\/pdf-icon-210x300.png\" alt=\"pdf icon\" width=\"32\" height=\"46\" srcset=\"https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2024\/09\/pdf-icon-210x300.png 210w, https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2024\/09\/pdf-icon-105x150.png 105w, https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2024\/09\/pdf-icon.png 512w\" sizes=\"auto, (max-width: 32px) 100vw, 32px\" \/> <strong><a href=\"https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2025\/07\/PMVBRY-Final-1.pdf\">PMVBRY<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Launches \u20b999,000 Cr+ ELI Scheme! The Union Cabinet has approved the Employment-Linked Incentive (ELI) Scheme, aimed at generating 3.5+ crore jobs and expanding formal workforce participation over the next 2 years. Key Benefits for Employers: Incentives up to \u20b93,000\/month for each new employee (salary up to \u20b91L) retained for 6+ months Benefit Validity: 2&hellip; <a class=\"more-link\" href=\"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/\">Continue reading <span class=\"screen-reader-text\">Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) &#8211; Employment Linked Incentive (ELI) Scheme<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2137,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,17],"tags":[24],"class_list":["post-2589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compliance","category-epfo","tag-epfo","statesofindia-central","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) - Employment Linked Incentive (ELI) Scheme - Regulatory Updates by SGCMS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) - Employment Linked Incentive (ELI) Scheme - Regulatory Updates by SGCMS\" \/>\n<meta property=\"og:description\" content=\"India Launches \u20b999,000 Cr+ ELI Scheme! The Union Cabinet has approved the Employment-Linked Incentive (ELI) Scheme, aimed at generating 3.5+ crore jobs and expanding formal workforce participation over the next 2 years. Key Benefits for Employers: Incentives up to \u20b93,000\/month for each new employee (salary up to \u20b91L) retained for 6+ months Benefit Validity: 2&hellip; Continue reading Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) &#8211; Employment Linked Incentive (ELI) Scheme\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/\" \/>\n<meta property=\"og:site_name\" content=\"Regulatory Updates by SGCMS\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-03T09:25:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-18T12:30:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sgcms.com\/regulatory-updates\/wp-content\/uploads\/2024\/09\/epfo-regulatory-updates.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"210\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"SGCMS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SGCMS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sgcms.com\/regulatory-updates\/cabinet-approves-employment-linked-incentive-eli-scheme\/\"},\"author\":{\"name\":\"SGCMS\",\"@id\":\"https:\/\/www.sgcms.com\/regulatory-updates\/#\/schema\/person\/b8d5729c6deafb37d0db7013fec9766a\"},\"headline\":\"Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) &#8211; 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