Current Affairs · Government Schemes

Which of the following statements regarding the Employment Linked Incentive (ELI) Scheme (operationalized under Pradhan Mantri Viksit Bharat Rozgar Yojana) approved by the Union Cabinet in July 2025 is correct? 1. The ELI scheme includes incentives for first-time employees and employers, with an extended incentive period for the manufacturing sector. 2. Employers are required to hire at least five additional employees to be eligible for incentives, regardless of their business size. 3. The government will pay first-time employees up to ₹15,000 through Direct Benefit Transfer (DBT) only for completing financial literacy programs, without any employment duration requirement.