ELI Scheme Launch from August 1: ₹15,000 Support for New Organised Sector Employees

Starting August 1, the Employment Linked Incentive Scheme (ELI Scheme) gives ₹15,000 support to new organised sector employees entering formal employment for the first time. At the same time, companies hiring new workers get incentives to encourage job creation in India’s organised sector. This scheme aims to strengthen stable jobs and boost workforce participation across the country.

Who Can Benefit from the Employment Linked Incentive Scheme?

The ELI Scheme is for first-time employees in the organised sector who earn up to ₹1 lakh per month. While there’s a salary limit, we’re still waiting for clarity on whether this cap is based on Cost to Company (CTC) or net salary. Also, jobseekers need to take a financial literacy test to qualify for the incentives under this scheme.

Also Read – Employment Linked Incentive Scheme 2025 – 3.5 Crore Jobs Coming Soon

What First-Time Organised Sector Employees Get

If you’re joining an organised sector job for the first time, you can get a total incentive of ₹15,000 under the ELI Scheme, paid in two parts:

• First instalment: Given after 6 months of continuous employment.
• Second instalment: Paid after 12 months at the same company.

Reaching these milestones makes sure you get the full financial help designed to encourage long-term employment.

Incentives for Companies Hiring New Employees

Employers play an important role in creating organized sector jobs. Under this scheme, companies hiring fresh employees can get up to ₹3,000 per month for 2 years. To qualify, the employee must stay at least 6 months with the company.

Rules About Changing Jobs and Incentive Eligibility

The ELI Scheme has clear rules for changing jobs:

• If you leave your new job before 12 months, you may only get 50% of the ₹15,000 incentive.
• Staying the full 12 months with your first organized sector employer means you get the complete amount.
• Changing jobs within the first year affects your eligibility for the second installment, so plan carefully to get the most out of your benefits.

What Experts Say About the ELI Scheme’s Impact

Industry experts say the Employment Linked Incentive Scheme is an important policy move that can promote stable, long-term jobs in India’s organised sector. By supporting first-time workers and rewarding companies that create new jobs, the scheme can greatly increase formal job opportunities and reduce job instability.

Good execution and spreading awareness among jobseekers and employers are key to making the most of this scheme, making it a helpful addition to job support strategies in India.