 "India IT industry, IT services, automation, artificial intelligence, AI, generative AI, Gen AI, skill transformation, organisational structure, entry-level engineers, pyramid structure, diamond-shaped workforce, mid-tier workforce, IT hiring trends,")
In a bid to support employment generation, the Union Cabinet earlier this month approved the employment-linked incentive (ELI) scheme, which was announced in the Union Budget last year as part of Prime Minister Narendra Modi’s package to facilitate skilling and job creation in the country.
The ELI scheme aims to support employment generation of more than 35 million jobs in two years with an outlay of Rs 1 trillion. The benefits of the scheme would be applicable to jobs created between August 1, 2025, and July 31, 2027.
Echoing industry’s sentiments, Chandrajit Banerjee, director general, Confederation of Indian Industry (CII),
