The Scheme
To achieve the vision of Viksit Bharat@2047, the Government of India in the Budget 2024 – 2025 announced the Scheme of ‘Employment Linked Incentives’ as a part of the “Prime Minister’s Package for Employment and Skilling”.
The scheme focuses on generating employment, enhancing employability and promoting formalization of the workforce. The scheme consists of two parts, part A incentivizes the youth entering the workforce for the first time and part B incentivizes the employers for generating & sustaining employment.
