What is the key purpose of the Employment Linked (ELI) Incentive Scheme?

Understand the Problem
The question is asking for the main objective of the Employment Linked Incentive (ELI) Scheme, requiring knowledge about this specific scheme's purpose.
Answer
To encourage employers to hire first-time employees.
The key purpose of the Employment Linked Incentive (ELI) Scheme is to encourage employers to hire first-time employees.
Answer for screen readers
The key purpose of the Employment Linked Incentive (ELI) Scheme is to encourage employers to hire first-time employees.
More Information
The ELI Scheme is designed to formalize employment, especially helping new entrants gain access to jobs and social security.
Sources
- Challenges And Opportunities In The Employment-Linked Incentive - impriindia.com
- The ELI Scheme - Eccentric & Ludicrous Incentive Scheme - LinkedIn - linkedin.com
- Concept of Employment Linked Incentive (ELI) - Officers Pulse - officerspulse.com
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