The government is contemplating to extend the deadline of Atmanirbhar Bharat Rojgar Yojana from June 30. Under this scheme, the government deposits money in the provident fund instead of you. The employer also gets the benefit of this.
Its deadline ends on June 30.
Atmanirbhar Bharat Rojgar YojanaAfter the new wave of corona virus came to the fore, the problem of unemployment has become serious once again. According to the CMIE report, more than 1.5 crore people have lost jobs in the month of May alone. So far in the year 2021, 2.53 crore people have lost their jobs. It was due to the employment crisis that the central government started Atmanirbhar Bharat Rojgar Yojana (ABRY) last year.
This scheme was implemented on 1 October 2020, whose deadline ends on 30 June. In fact, in view of the huge reduction in employment in the midst of the Corona epidemic, the government had started this scheme. Under this, the government will deposit the provident fund contribution of the employee and the employer for two years. That is, the employer contribution of 12 percent of the basic salary and dearness allowance in the Provident Fund and the employee contribution will be deposited by the government. At present, the deadline of this scheme is till June 30, which is being considered to be extended till March 2022.
Those with less than 15 thousand salary will get benefit
The benefit of Atmanirbhar Bharat Rojgar Yojana (ABRY) will be available only to those employees whose monthly salary is less than 15 thousand rupees. Also, he should not have worked with any such institution which is registered with EPFO before 1 October 2020. Apart from this, he should not even have a UAN number. If someone already has a UAN number, then he will not get the benefit of this scheme. The government had put this rule with the aim of creating new jobs.
Have not worked in any EPFO registered institute
According to the second condition of this scheme, if someone’s salary is less than 15000 and he is a member of EPFO, then he can also get the benefit of this scheme, but his job has been lost between 1 March 2020 to 30 September 2020. During this time he should not be associated with any such company which is registered with EPFO.
Target was set to create 58.5 lakh new jobs
According to the latest report, 21 lakh newly appointed employees have benefited so far under this scheme of expenditure of Rs 22810 crore. This is much less than the government’s estimate of 58.5 lakh. Sources said that in such a situation, the Labor Ministry wants to extend the deadline of the scheme till March next year. The allocation of funds for this scheme was done keeping in mind the number of 58.5 lakh beneficiaries.
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