ELI schemes likely to favour large companies, Labour Ministry told

Employer bodies share concern as part of stakeholder meet with govt

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.

As part of the consultations on finalising the rules for implementing the three ELIs, the labour ministry has been holding discussions with stakeholders including industry leaders, employers’ organisations, trade unions, representatives from medium