Labour Minister Mandaviya seeks suggestions from employers on employment-linked incentive schemes
employment-linked incentive scheme announced in the Budget.
The ministry is firming up the three employment-linked incentive schemes, which will be implemented through the Employees’ Provident Fund Organisation, and has already sought views from the trade unions on the scheme.
Representatives from the Confederation of Indian Industry (CII), Federation of Indian Chamnber of Commerce and Industry (Ficci), Assocham, PHDCCI, All India Organisation of Employers (AIOE), Laghu Udyog Bharati, Indian Council of Small Industries (ICSI), Federation of Association of Small Industries of India (FASII), All India Association of Industries (AIAI), All India Manufacturers’ Organization (AIMO), Standing Conference of Public Enterprises (SCOPE) and Employers Federation of India (EFI) attended the meeting.
“Employment generation is a top priority for the government, and the ELI Scheme is a step in the right direction to achieve this goal,” Mandaviya said, inviting suggestions from the organisations regarding the formulation of the ELI scheme.
As per the statement issued by the ministry after the meeting, minister Mandaviya emphasized that the ELI scheme has been designed to encourage businesses to generate more employment as well as to provide meaningful and sustainable jobs for the youth.
“We are committed to working closely with stakeholders to design a scheme that is robust, inclusive, and aligned with the needs of the economy,” minister Mandaviya told the employers representatives.
The three ELI schemes, which are part of
