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15mo

EPFO Extends UAN Linking Deadline for ELI Scheme

  • The Employees' Provident Fund Organisation (EPFO) has extended the deadline for linking the Universal Account Number (UAN) under the Employment Linked Incentive (ELI) Scheme to December 15, 2024.
  • The ELI Scheme, introduced in the Union Budget 2024, aims to boost employment and economic growth through Direct Benefit Transfer (DBT) to Aadhaar-linked bank accounts.
  • The scheme is divided into three parts: Scheme A for first-time formal employment, Scheme B for job development in manufacturing, and Scheme C for supporting firms and worker expansion.

Source: Times Now News, The Economic Times

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15mo ago
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