- The Employment-Linked Incentive Scheme aims to create 25,000 new jobs in 2 years in the Udupi region.
- Financial incentives are available for both employers and employees to encourage lasting employment.
- Registration starts from August 1, 2025, to July 31, 2027, with clear eligibility and job creation rules.
Employment-Linked Incentive Scheme by the Central Government is focusing on creating 25,000 jobs within two years with support from the Employees’ Provident Fund Organisation (EPFO). This new scheme offers financial benefits to both employers and newly hired employees to boost job creation and keep jobs stable in different sectors. Whether you’re an employer wanting to expand your team or a job seeker ready to take advantage of government support, this scheme offers a great chance.
Who Can Benefit from the Employment-Linked Incentive Scheme?
The scheme is made for two groups: employers who want to add new jobs and employees earning up to Rs 1 lakh per month who are newly registered under EPFO. Jobs created between August 1, 2025, and July 31, 2027, can qualify for the incentives.
Benefits Offered to Employees
Under the Employment-Linked Incentive Scheme, new employees get financial help equal to one month’s salary, up to Rs 15,000. The payment comes in two parts:
- First installment: Paid after 6 months of continuous work.
- Second installment: Paid after 12 months of work, after completing an online financial literacy training program.
Also, part of the incentive will be put into a fixed savings account to encourage saving habits, which employees can withdraw after a lock-in period.
Employer Incentives and Responsibilities
Employers already registered with EPFO can get financial support if they create new jobs and keep those employees for at least six months in a row. The minimum new hires needed are:
- At least 2 new hires for companies with fewer than 50 employees.
- At least 5 new hires for companies with 50 or more employees.
This financial support for employers will last for two years, encouraging long-term job creation and retention during the scheme.
How to Register for the ELI Scheme
Registration is open to both employers and employees from August 1, 2025 until July 31, 2027. The process is simple through the EPFO portal, making it easy for everyone involved. Employers must provide details about their new hires, and employees need to sign up to get incentives and join the financial literacy program.
Key Dates and Job Creation Targets in Udupi Region
The Udupi EPFO regional office is focused on reaching the goal of 25,000 new jobs over the two years of the scheme. With more than 3,000 registered employers expected to participate, this could bring a big boost to the local economy.
Event | Date / Target |
---|---|
Registration Start Date | August 1, 2025 |
Registration End Date | July 31, 2027 |
Job Creation Target (Udupi Region) | 25,000 new jobs |
Number of Registered Employers in Udupi | 3,000+ |
Official EPFO Website | https://www.epfindia.gov.in |
If you qualify, visit the official EPFO portal to register and start getting benefits from the scheme. Don’t miss this chance to take part in and gain from the promising job growth under the Employment-Linked Incentive Scheme.