Union Labour Minister Mansukh Mandaviya has scheduled a crucial meeting with Central Trade Unions (CTUs) to deliberate on the Unified Pension Scheme (UPS) and Employment-Linked Incentive (ELI). These schemes, announced during the latest budget, aim to enhance the financial security of workers and promote job creation. The Unified Pension Scheme is designed to provide long-term financial stability to employees, ensuring they have adequate resources post-retirement. The Employment-Linked Incentive scheme, on the other hand, is focused on generating employment by providing incentives to employers for creating jobs. The government is committed to ensuring these schemes are implemented effectively and reach the intended beneficiaries. This dialogue is expected to address the unions’ concerns, leading to a more robust labor landscape. The meeting signifies the government’s dedication to improving workers’ welfare through active engagement with stakeholders. Various unions are optimistic that this discussion will yield positive outcomes, leading to enhanced welfare measures and better execution of these critical initiatives. This engagement highlights the government’s proactive approach in addressing issues faced by the workforce and ensuring that their welfare is a top priority.
