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Time of India
a day ago
- Business
- Time of India
Technology won't replace workforce, assures Labour Minister Mandaviya
Union Minister for Labour & Employment Mansukh Mandaviya assured stakeholders that artificial intelligence and emerging technologies pose no threat to India's workforce, emphasising that human operators will remain indispensable in the digital at the 3rd Global Industrial Relations Summit organised by FICCI-AIOE in collaboration with the International Labour Organisation (ILO) and International Organisation of Employers (IOE) in Geneva, Mandviya dismissed concerns about technology-driven job displacement."AI and technology cannot replace manpower or workforce. There is absolutely no threat to workforce or jobs due to technology or AI as technology will be operated by human only," the minister declared during his address to the international gathering of industry leaders and policymakers. Mandaviya's remarks come amid growing global concerns about automation potentially rendering millions of jobs obsolete across various sectors. However, the minister maintained an optimistic outlook, arguing that technological advancement will create new opportunities rather than eliminate existing ones. "Even after the emergence of AI or technology, the requirement for workforce or manpower will always be there because the technology will be operated by humans only," he reiterated, highlighting the complementary relationship between human skills and technological capabilities. Dr Mandaviya further stated that industries need to change with time and adopt new developments. The government, he added, is taking a holistic approach to ensure economic growth along with new employment generation. Speaking on the new Employment Linked Incentive scheme , the Minister said that the government launched the scheme to ensure new jobs. "It is a long-term plan, and India needs to establish its own parameters to meet global parameters. From 1st August, the scheme will be rolled out," he added. Roberto Suarez Santos, Secretary General of the International Organisation of Employers (IOE) in Geneva, acknowledged the transformative impact of artificial intelligence on modern workplaces. "AI and digitalisation are already transforming how we work, how we live, and how we govern. And one thing is clear: they are here to stay," he observed. Santos pointed to the expanding role of AI in human resources and management decisions, noting that "across industries, AI is now being integrated to support decision-making processes that directly affect people's lives. It can screen job applicants and evaluate employee performance." His comments underscore the rapid integration of AI tools in workplace management, from recruitment processes to performance evaluation systems, suggesting a fundamental shift in how organisations operate. FICCI Director General Jyoti Vij emphasised the need for industrial relations frameworks to adapt to changing work dynamics. "As we navigate unprecedented shifts in how, where and why work is done, industrial relations must evolve from a compliance-based approach towards a strategic enabler of competitiveness, social justice and long-term sustainability," she stated. (ANI)
Time of India
2 days ago
- Business
- Time of India
Technology won't replace workforce, assures Labour Minister Mandaviya
Academy Empower your mind, elevate your skills Union Minister for Labour & Employment Mansukh Mandaviya assured stakeholders that artificial intelligence and emerging technologies pose no threat to India's workforce, emphasising that human operators will remain indispensable in the digital at the 3rd Global Industrial Relations Summit organised by FICCI-AIOE in collaboration with the International Labour Organisation (ILO) and International Organisation of Employers (IOE) in Geneva, Mandviya dismissed concerns about technology-driven job displacement."AI and technology cannot replace manpower or workforce. There is absolutely no threat to workforce or jobs due to technology or AI as technology will be operated by human only," the minister declared during his address to the international gathering of industry leaders and remarks come amid growing global concerns about automation potentially rendering millions of jobs obsolete across various sectors. However, the minister maintained an optimistic outlook, arguing that technological advancement will create new opportunities rather than eliminate existing ones."Even after the emergence of AI or technology, the requirement for workforce or manpower will always be there because the technology will be operated by humans only," he reiterated, highlighting the complementary relationship between human skills and technological Mandaviya further stated that industries need to change with time and adopt new developments. The government, he added, is taking a holistic approach to ensure economic growth along with new employment generation. Speaking on the new Employment Linked Incentive scheme , the Minister said that the government launched the scheme to ensure new jobs."It is a long-term plan, and India needs to establish its own parameters to meet global parameters. From 1st August, the scheme will be rolled out," he Suarez Santos, Secretary General of the International Organisation of Employers (IOE) in Geneva, acknowledged the transformative impact of artificial intelligence on modern workplaces. "AI and digitalisation are already transforming how we work, how we live, and how we govern. And one thing is clear: they are here to stay," he pointed to the expanding role of AI in human resources and management decisions, noting that "across industries, AI is now being integrated to support decision-making processes that directly affect people's lives. It can screen job applicants and evaluate employee performance."His comments underscore the rapid integration of AI tools in workplace management, from recruitment processes to performance evaluation systems, suggesting a fundamental shift in how organisations Director General Jyoti Vij emphasised the need for industrial relations frameworks to adapt to changing work dynamics. "As we navigate unprecedented shifts in how, where and why work is done, industrial relations must evolve from a compliance-based approach towards a strategic enabler of competitiveness, social justice and long-term sustainability," she stated. (ANI)
Time of India
5 days ago
- Business
- Time of India
ESIC launches Spree 2025 to boost registrations
Bengaluru: In a bid to expand social security coverage, the Employees State Insurance Corporation (ESIC) has launched the Scheme for Promotion of Registration of Employers and Employees (Spree) 2025, offering incentives and an amnesty period for industries. ESIC Karnataka regional director Manoj Kumar said firms with 10 or more employees must register on ESIC, Shram Suvidha, or MCA portals. "No contribution or benefit will apply for the period prior to registration. No inspection or demand of past records will be made for the pre-registration period. There will be no prosecution for non-compliance with statutory laws," he said Deputy director AS Kanithaselvi of the Bommasandra sub-regional office added, "The corporation is now in a facilitating mode, not enforcement mode during Spree." You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Under the Employment Linked Incentive (ELI) scheme, employers can receive up to Rs 3,000 per new employee, while workers may earn Rs 15,000 in incentives. ESIC has also approved Amnesty Scheme 2025, aimed at resolving disputes between Oct 1, 2025, and Sept 30, 2026.
News18
6 days ago
- Business
- News18
Employment Linked Incentive Scheme: A Giant Leap In Right Direction
With mindful and strategic execution, the ELI scheme can be a game-changer for India's youth, paving the way for a more prosperous and equitable future As India becomes the most populous country in the world, surpassing China, several issues and challenges stare at it, especially on the issue of turning its demography (nearly half of its population is under the age of 30) into dividend and not as a disaster. It needs to ensure that not only its economy grows at an unprecedented pace, but also that the fruits of its growth are shared by the people in the most equitable manner possible. Herein therefore lies its critically vital, daunting task—to provide employment to the youth and the new entrants to the workforce, especially the women and the marginalised section of society. To fully harness the unparalleled opportunity that India has been gaining due to a surge in its economy, it must meticulously identify the disparities between the demand for and supply of employment opportunities within its labour market. It is in this context that the newly launched ELI can act as a game-changer. On July 1, 2025, the Union Cabinet approved the Employment Linked Incentive (ELI) scheme that was announced in the Union Budget 2024-25 with an outlay of Rs 99,446 crore, aimed at creating over 3.5 crore jobs. The initiative aims at first-time workers, with a focus on the manufacturing sector, providing new EPFO-registered employees (making up to Rs 1 lakh monthly) with a one-month pay subsidy (up to Rs 15,000) through Aadhaar-linked Direct Benefit Transfer, contingent upon completion of a necessary financial literacy training for the second installment. Employers obtain Rs 1,000-Rs 3,000 monthly for each new employee for a duration of two years, which is extendable to four years for manufacturing companies, hence diminishing hiring expenses. The requirement for EPFO registration formalises work, hence improving accessibility to social security benefits such as savings and healthcare. Executed via EPFO's digital platform, it guarantees efficient disbursements and accountability, mandating companies to retain positions for a minimum of six months. The ELI scheme promotes inclusive growth, skill enhancement, and economic advancement. By prioritising first-time employees, it directly tackles the difficulties encountered by young job seekers, especially those new to the workforce with limited experience. The ELI scheme of 2025 is different from PLI scheme of 2021 as it not only supports job creation by incentivising the employers but promotes well-equipped future-ready workforce. While PLI 2021 focused on creating new formal jobs, it lacked focus on skill-based development of the workforce., ELI 2025 focuses on skilling the workforce, inclusion of gig jobs and bettering institution-industry coordination. It also integrates digital monitoring tools and links employment growth with technology adoption, making it more responsive to India's evolving labour market needs and demographic dividend potential. Unemployment in India presents a significant challenge, exacerbated by structural issues, including skill mismatches, insufficient industrial expansion in labour-intensive sectors, and a burgeoning youth demographic. An alarming problem in India's labour market is the disconnect between education curriculum and work demands. This all-encompassing scheme guarantees that a variety of skill sets are applied, which reduces this gap. During my field research for a report on unemployment trends in India, significant findings emerged from interviews with key stakeholders (academics, industrialists, entrepreneurs, government officials, and civil society representatives) across various domains and sectors. The findings reveal a lack of motivation among the unemployed workforce in certain rural and semi-urban regions of India, or a rigid adherence to traditional work methods. This observation, while surprising, is nonetheless accurate. Several factors contribute to this mindset. A primary reason is the aspiration for government employment, often driven by social stigma or a lack of awareness regarding alternative opportunities. Consequently, individuals pursuing government positions may disregard employment in the private sector. Initiatives such as ELI have the potential to challenge this mindset and rectify the misconception of job preference influenced by social stigma. A recurring challenge among young individuals is a lack of awareness or effective mentorship, resulting in a pool of work-ready youth unable to find opportunities. This initiative could serve as a vital launchpad for those poised to enter the workforce. Equipped with foundational job search skills, they will be better prepared to navigate their careers independently. The implications of the ELI scheme are far-reaching, with the potential to fundamentally reshape India's economic and social fabric across several critical dimensions. With the major focus on first-time workers, this targeted approach is anticipated to act as a powerful incentive for both public and private sectors to significantly increase investments in comprehensive training and upskilling programs. India's labour market has long grappled with a significant skill mismatch, where available jobs do not align with the skills possessed by the workforce. By addressing this fundamental issue, this can foster the creation of a more competitive and adaptable workforce. This enhanced human capital will, in turn, be a major magnet for both domestic and foreign investment, contributing to a more dynamic and productive economy. Due to increased employment opportunities, with more individuals entering the workforce, there will be an increase in household incomes across the nation. This rise in disposable income will stimulate consumption, which is a primary driver of economic growth—this could give a substantial boost to India's GDP. This projection is rooted in the established economic correlation between heightened employment levels, increased consumer expenditure, and subsequently, enhanced tax revenues for the government, creating a virtuous cycle of economic prosperity. Effective implementation of the ELI Scheme holds the promise of promoting job creation beyond the established urban and industrial centers. By strategically encouraging employment in underdeveloped regions, the scheme can play a crucial role in reducing pervasive regional disparities. This targeted development will not only uplift historically marginalised areas but also contribute to a more balanced and equitable pattern of economic growth across the entire nation, fostering inclusive prosperity. However, challenges remain. The success of the scheme depends on effective implementation, monitoring, and the ability to prevent misuse of incentives (e.g., firms claiming benefits without sustaining jobs). Additionally, bureaucratic delays or lack of awareness among small and medium enterprises (SMEs) could limit its reach. RECOMMENDATIONS FOR EFFECTIVE IMPLEMENTATION To maximise the ELI Scheme's impact, the following recommendations are proposed: 1. Targeted Outreach to SMEs: The Engine of Indian Employment India's small and medium-sized businesses (SMEs) are the backbone of the country's economy. Given SMEs as the foundation of the Indian economy, their role is crucial in creating jobs. A focused and successful outreach plan for this industry must be a top priority for any holistic employment incentive program. SMEs frequently lack the financial and personnel resources necessary to handle intricate regulatory procedures or even to stay informed about government incentives. As a result, a multifaceted strategy is crucial. This entails establishing streamlined application processes, producing information that is simple to understand, and sending out specialised field teams to interact with SME clusters directly. Affiliation with the chambers of commerce and industry associations as informational channels can make it easier for SMEs to obtain incentives which enable them to grow their businesses and, in turn, their recruiting capability. 2. Skill Integration Programs: Bridging the Talent Gap Initiation of this scheme gives hope of bridging the gap between demand and supply of workforce. The major problem of unemployment is the skill mismatch: the requirement of the industry demands and job-ready workforce. This scheme reaffirms strong collaboration between job providers and job-seekers which will lead to skilling, upskilling, and re-skilling of the employees and guarantee a consistent supply of job-ready workforce. Close collaboration with major initiatives such as the Skill India Mission is essential. Such programs should emphasise not only technical abilities but also critical soft skills, including interpersonal skills, collaboration, and problem-solving. This collaborative strategy cultivates a pool of talent that directly meets the demands of an employment market, helping both companies and new workforce entrants. 3. Robust Monitoring Mechanisms: Ensuring Accountability and Impact To maintain the authenticity of the scheme, it is imperative to establish a transparent and constant monitoring mechanism to ensure the efficiency of the employment generation program. Consistent, autonomous audits and data-informed assessments are crucial protections against any misuse or misappropriation of resources. Utilising technology for immediate data gathering and analysis can yield critical insights into the program's efficacy, facilitating prompt modifications and enhancements. This dedication to accountability will foster public trust and guarantee that the incentives effectively promote authentic and enduring employment opportunities. 4. Leverage Technology for Awareness: Reaching Every Corner A large pool of talented youngsters lack guidance. In this digital era, technology provides an unmatched opportunity to distribute information and promote awareness of job incentive programs. It is imperative to make use of digital platforms such as social media, specialised smartphone applications, and government websites, to spread awareness of job opportunities while engaging with the job-ready audience. This is especially crucial in rural/semi-urban and remote regions where conventional communication methods may be less efficient. To spread the awareness at grassroots levels, strategic alliances with local governing entities, such as municipalities and panchayats, local civic bodies, SHGs can be substantially cultivated through innovative ways. These local entities can be most efficient in a multilingual approach, explaining the scheme's advantages and guiding beneficiaries with the right choices. CONCLUSION The Employment Linked Incentive scheme is a spectacular initiative not just to combat unemployment in India but to invest in human capital. By focusing on first-time employees and incentivising establishments, it empowers the youth to contribute to the fastest growing economy. However, effective implementation, robust monitoring, and inclusive outreach are critical to its success. top videos View all With mindful and strategic execution, the ELI scheme can be a game-changer for India's youth, paving the way for a more prosperous and equitable future. A scheme such as this reiterates the nation to become rich before it grows old. Chitra Shekhawat is a Research Fellow with India Foundation, New Delhi. Views expressed in the above piece are personal and solely those of the authors. They do not necessarily reflect News18's views. view comments Location : New Delhi, India, India First Published: July 14, 2025, 17:54 IST News opinion Opinion | Employment Linked Incentive Scheme: A Giant Leap In Right Direction Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. 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Canada News.Net
15-07-2025
- Business
- Canada News.Net
Union Minister Mansukh Mandaviya chairs meeting of State Labour and Industry Ministers on employment linked incentive scheme
New Delhi [India], July 14 (ANI): A high-level virtual meeting of State Labour Ministers and State Industry Ministers was convened under the chairpersonship of the Union Minister of Labour & Employment and Youth Affairs and Sports, Mansukh Mandaviya in New Delhi today, informed a press release from Ministry of Labour & Employment. The release stated the objective of the meeting which was to deliberate on the implementation modalities and explore collaborative strategies for the effective rollout of the Employment Linked Incentive (ELI) Scheme. Addressing the gathering, Dr. Mandaviya, stated that the ELI Scheme represents the second step after the PLI Scheme in the direction of building an Atmanirbhar Bharat. He stated that the scheme will provide financial support to employers, enabling them to generate additional employment, particularly for the youth and described the initiative as a win-win for both employers and job seekers. Dr. Mandaviya cited KLEMS data published by the Reserve Bank of India (RBI), highlighting that over 17 crore employment opportunities were generated during the last decade. This, he noted, is a reflection of the significant economic progress made by the country, particularly driven by robust growth in sectors such as construction, manufacturing, and services. He emphasized that this momentum must be sustained and further accelerated through schemes like ELI, which are designed to create quality jobs, deepen formalization, and support inclusive development, said the release. 'Labour and industry are two sides of the same coin,' the Minister said, adding that both must work in close coordination for the greater good of the nation's workforce and economy. He assured participants that procedural formalities under the scheme have been kept simple to ensure ease of access and encourage wide participation. Union Minister also urged State Ministers to actively promote the scheme through media briefings, television and radio interviews, and other outreach platforms. He emphasized the importance of comprehensive planning and awareness-building at the grassroots level. As per the PIB issued, the Secretary (L&E), Vandana Gurnani welcomed all participants and highlighted that the scheme is designed to support employment generation, improve employability, and extend social security across all sectors, particularly focusing on the manufacturing sector. Vandana Gurnani informed that with a total outlay of Rs. 99,446 crore, the ELI Scheme aims to create over 3.5 crore jobs across the country over a two-year period. She further emphasised that sustainable employment is a key goal of the scheme, as the first instalment of incentives will be disbursed only after six months of continuous employment. Director (L&E), delivered a presentation outlining the scheme's framework. Labour and Industry Ministers from Gujarat, Assam, Bihar, Chhattisgarh, Arunachal Pradesh, Madhya Pradesh, Jharkhand and several other states appreciated the initiative and assured their full cooperation in ensuring its successful implementation across their respective regions. Acknowledging the scheme's potential to boost employment opportunities, the Ministers emphasised the importance of collaborative efforts between the Centre and States. They also proposed that dedicated events, awareness programmes, and conferences may be organised at the district level in collaboration with state governments for local industries/industry chambers/industry associations etc. These efforts would help disseminate comprehensive information about the scheme, promote its adoption, and ensure that its benefits reach the grassroots level and last-mile beneficiaries. During the discussions, Dr. Mandaviya emphasised that States may consider linking of their respective employment-oriented schemes with the objectives of the ELI Scheme. (ANI)
