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India unveils $11.7 billion plan to create 35 million jobs by 2027

India’s federal cabinet has approved a ₹1 trillion ($11.7 billion) Employment-Linked Incentive (ELI) scheme to generate 35 million new jobs between August 2025 and July 2027. Under the plan, first-time workers will receive one month’s salary, capped at ₹15,000 ($175). Employers who retain new employees for at least six months will get up to ₹3,000 […]


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