india employmentnews

ELI Scheme: If you join a job from this date, you will get Rs 15000, who will get the benefit; when will it start?

 | 
Social media

The central government has brought another great scheme for the youth. This scheme is also called ELI, the Employee Linked Incentive Scheme. The government is going to spend Rs 99,446 crore on this scheme.

Who will get the benefit?

The government is going to start the ELI scheme especially for the youth. In this, a benefit of Rs 15,000 will be given to those youth who will join the job for the first time. Along with the youth, the company is also going to benefit from this.

Under this scheme, the company that will provide jobs to the youth will also be given Rs 3000 every month.

When will you get the benefit of joining?

According to the information received in this regard, if a person starts a job from August 1, 2025, or thereafter, then he will be given Rs 15000 by the government. This benefit will be available till July 31, 2027. This means that if a person joins a job between 1 August 2025 and 31 July 2027, then they will get this benefit.

How to apply?

One can apply for this scheme from the website of EPFO (Employee Provident Fund Organisation).

Money will be given in two installments.

Under this scheme, the government will give Rs 15000 to all the beneficiaries in two installments. The first installment will be given 6 months after starting the job, and the second installment after 12 months.

An announcement was made in the budget

Finance Minister Nirmala Sitharaman announced the Pradhan Mantri Rozgar and Skilling Package in the budget for the financial year 2024-25. The ELI scheme was also announced at the same time.

Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.