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Govt offers PF subsidies to employers in Atmanirbhar job incentive scheme

Sop available in the case of both, new hires and those who lost their jobs to Covid; Atmanirbhar Bharat Rozgar Yojana will benefit workers with wages up to Rs 15,000

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3 min read Last Updated : Nov 12 2020 | 2:29 PM IST

The National Democratic Alliance government on Thursday announced an employment generation scheme, offering provident fund subsidies to employers for hiring new workers and those who lost job during the ongoing COVID-19 pandemic.

The scheme, known as Atmanirbhar Bharat Rozgar Yojana, will benefit workers with wages up to Rs 15,000 who have been employed for the first time by an establishment covered by the Employees’ Provident Fund Organisation. Additionally, “EPF members drawing monthly wage of less than Rs 15,000 who made an exit from employment during COVID-19 pandemic from March 1, 2020 to September 30, 2020 and is employed on or

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