Which of the following statements about the ‘Employment Linked Incentive’ schemes announced in the Union Budget 2024-25 are correct?
- Scheme A will provide one-month wage to all persons newly entering the workforce in all formal sectors.
- Scheme B will incentivize additional employment in the service sector linked to the employment of first-time employees.
- Scheme C will cover additional employment in all sectors, with the government reimbursing employers up to ₹3,000 per month for 2 years for each additional employee.
- Scheme A is expected to benefit 210 lakh youth.
1
Only statements 1, 2, and 3 are correct.
2
Only statements 1, 3, and 4 are correct.
3
Only statements 2, 3, and 4 are correct.
4
All statements are correct.