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Employer bodies fear ELIs likely to tilt in favour of big companies

Business Standard LogoBusiness Standard5h ago

Employer bodies fear ELIs likely to tilt in favour of big companies - Business Standard

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Large companies with greater hiring capacities and resources may be better positioned to take advantage of the incentives offered under the three newly announced employment-linked incentive (ELI) schemes.

These are among the concerns raised by employer organisations with the labour ministry, pointing out that this could result in “disproportionate” benefits for those companies, potentially leading to concentrated job creation in certain sectors and regions.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 20:58:53 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 80 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22772906

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 180 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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