While the Employment Linked Incentive (ELI) Scheme and the Production Linked Incentive (PLI) scheme are both designed to boost economic growth, they employ different approaches and focus on distinct outcomes.

Both employment linked initiative ELI and production linked incentive PLI schemes are growth engines under the Make in India scheme. They promote economic growth beyond current 8.7% PA of 2024. Differences in ELI and PLI: ELI: (1) Focus on skill development of individuals in live labors for ie (2) Promotes labour productivity, employability currently 25.7% in India (South Korea → 45%) (3) Leads to increase in labour quality and adoption of technology (Reg.) Vocational training schemes (4) Involves a bottom up model for growth (5) Results in increased job opportunities PLI: (1) Focus on promotion of indigenous production of goods and services (2) Promotes increased contribution of manufacturing to GDP beyond stagnant [13-14%] (3) Leads to manufacture of cutting edge technology products (Reg.) PLI for display FABs of semiconductors (4) Involves a top-down, trickle down effect (5) Results in job creation

— ANKITA ANIL PATIL · AIR 140