Laws and sections by number or title, due dates, pages, and updates.
The Government implements the Pradhan Mantri Rojgar Protsahan Yojana to incentivize employers for new employment creation and to bring informal workers into the formal workforce. Under the scheme, the Government pays the twelve percent employer contribution for three years for new employees. New employees earn wages of fifteen thousand rupees or less through EPFO. The terminal date for beneficiary registration through establishments was 31 March 2019. Registered beneficiaries continue to receive the benefit for three years up to 31 March 2022. As on 27 November 2021, the scheme benefits 1.21 crore beneficiaries across 1.53 lakh establishments.
Key dates
Who is affected
Thresholds
Ask about this press release
Ministry of Labour & Employment
Posted On: 06 DEC 2021 7:56PM by PIB Delhi
Government is implementing Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) since 2016 with the objective to incentivise employers for creation of new employment and also aimed to bring informal workers to the formal workforce. Under the scheme, Government of India is paying Employer’s contribution i.e. 12% for a period of three years to the new employees earning wages less than or equal to Rs. 15,000/- through EPFO.
The terminal date for registration of beneficiary through establishment was 31st March 2019. The beneficiaries registered upto 31st March, 2019 will continue to receive the benefit for 3 years from the date of registration under the scheme i.e. upto 31st March, 2022. The scheme was estimated to benefit 20 lakh beneficiaries. As on 27th November, 2021, benefit has been provided to 1.21 crore beneficiaries through 1.53 lakh establishments.
Campaigning for increasing the awareness about the scheme was done through various modes of media, including the website of EPFO. Besides this, to increase the awareness among employers and employers' associations, a number of seminars and meetings were also conducted.
This Information was given by the Minister of State for Labour and Employment Shri Rameswar Teli, in a written reply in Lok Sabha today.
GK
(Release ID: 1778601)
