Employment Linked Incentive (ELI) Scheme: Fueling Formal Job Creation in India
India continues to face the persistent challenge of transitioning its vast informal labour market into a more structured and formal system. As highlighted in the India Employment Report 2024, published by the ILO, nearly 90% of employment in the country remains informal. Recognising this structural gap, the government began to reorient its industrial policy focus—not […]