- The Labour Ministry, led by Mansukh Mandaviya, will soon ask the Union Cabinet to approve three new employment-linked incentive (ELI) schemes from the 2024-25 Budget.
- The schemes aim to support first-time employees, boost manufacturing sector jobs, and offer incentives to employers. They include wage subsidies and contributions to the EPFO.
- The ministry is also working to include gig workers in social security benefits and has introduced a Platform Workers module on the e-Shram portal for better registration and benefits.
Labour and Employment Minister Mansukh Mandaviya is preparing to seek Union Cabinet approval for three new employment-linked incentive (ELI) schemes. These schemes, announced in the Union Budget 2024-25, focus on supporting first-time employees, encouraging job creation in the manufacturing sector, and incentivizing employers. The EPFO platform for these schemes is ready, and the minister is optimistic about company participation.
In addition, Mandaviya is meeting with online aggregators to discuss including gig and platform workers in social security schemes. The new Platform Workers module on the e-Shram portal aims to register and provide benefits to gig workers, reflecting the growing importance of this sector in job creation.
