Government of India will give incentives in the new year through DBT! Do this work before January 15, 2025

EPFO UAN Aadhaar Linking News Update: According to the budget announcement, Modi government is going to launch Employment Linked Incentive Scheme (ELI Scheme) in the new year 2025. Under this scheme, the government will give incentives to both employees and employers so that they can be encouraged to increase employment opportunities. But for this, it is important that such EPF subscribers who will get the benefit of the scheme should immediately link their Universal Account Number (UAN), Aadhaar and bank account. Earlier, the deadline for linking Universal Account Number, Aadhaar and bank account was only till December 15, 2024. But the Employee Provident Fund Organization (EPFO) has now extended this deadline to January 15, 2025.

EPFO extends period for UAN activation, Aadhaar-bank account linking

EPFO has made a post on its social media handle X. In this post, EPFO, while alerting the Employee Provident Fund subscribers, wrote, the deadline for linking Universal Account Number, Aadhaar and bank account has now been extended till January 15, 2025. Now don’t delay in linking it. To avail the benefits of the Social Security Scheme, complete the linking process immediately. EPFO has told that to avail the benefit of Employment Linked Incentive Scheme, those who have recently joined and those who have joined the job in the current financial year 2024-25, they should ensure that their Universal Account Number is valid before activation. Along with this, bank account Aadhaar seeding should be completed.

Attention EPF members! The deadline for linking your UAN, Aadhaar, and bank account has been extended till 15th January 2025.
Don’t delay—complete the process now to ensure your social security benefits! #EPFOwithyou #EPFOmembers #Employers #EPFO #EPF #HumHainNaa #epf #pf, pic.twitter.com/vOOkquBETY

— EPFO ​​(@socialepfo) December 24, 2024

What is Employment Linked Incentive Scheme?

Despite the announcement made in the budget in July 2024, the government has not yet announced the details of the Employment Linked Incentive Scheme. To promote employment, the government is coming up with an Employment Linked Incentive Scheme in which incentives will be given to both employers and employees. The objective of this scheme is to create 2 crore jobs in two years. Under this scheme, an allocation of Rs 2 lakh crore will be spent in 5 years on providing employment to 4.1 crore youth and on their skilling. In this scheme, incentives will be given to the bank accounts of the beneficiaries through Direct Benefit Transfer and this will happen only if the bank account is linked to Aadhaar.

How will UAN-Aadhaar-Bank Account be linked?

EPFO has also uploaded a video on YouTube on how to link Universal Account Number, Aadhaar and Bank Account, which has been shared on social media. It was told in the video that the Government of India is soon coming up with a beneficial scheme for employers and employees for employment formalization, Employment Linked Incentive, which will be given under Direct Benefit Transfer. For this, it is necessary to activate the Universal Account Number and link the bank account with Aadhaar.

Activate Your EPFO ​​UAN Today and enjoy seamless access to EPFO’s online services!
Watch the video for a step-by-step guide for Aadhaar Activation : https://t.co/0k8ZOGN0bZ@mygovindia @PMOIndia @LabourMinistry@mansukhmandviya @ShobhaBJP @PIB_India@MIB_India#UANActivation,

— EPFO ​​(@socialepfo) December 24, 2024

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