Atmanirbhar Bharat Rozgar Yojana is launched by the Finance Minister of India Nirmala Sitharaman to create more and more jobs for the citizens of India which will help in the Economic Growth of India.
Due to Corona Virus, many people have lost their jobs and also the Economy of the country has touched the lowest figures in these days and to provide Jobs to those unemployed people and to revive the economy of our country our Finance Minister has come forward with this great scheme Atmanirbhar Bharat Rozgar Yojana.
Atmanirbhar Bharat Rozgar Yojana Overview
|Atmanirbhar Bharat Rozgar Yojana
|Nirmala Sitharaman (Finance Minister)
|Citizens of India
|More Job Opportunities
The size of the stimulus being provided by the government, as part of the 12 announcements made today under Aatmanirbhar Bharat 3.0, amounts to Rs 2.65 lakh crores. 15% of national GDP as stimulus takeaway: FM Nirmala Sitharaman pic.twitter.com/yFkq8YfYPG
— ANI (@ANI) November 12, 2020
Employees’ Provident Fund Organisation (EPFO) registered organisation
Those organizations which fall under EPFO (Employees’ Provident Fund Organisation) and recruit new employees who have never been covered under EPFO or the employees who have lost their jobs between March 1 and September 30 of this year will get benefits under the Atmanirbhar Bharat Rozgar Yojana.
The month of September has considered as the base of the scheme and the organizations with less than 50 employees must have to recruit at least 2 employees and the organizations with more than 50 employees must have to recruit at least 5 employees
For organizations with up to 1,000 employees who earn up to ₹ 15,000 per month and are registered under EPFO, the 12 percent contribution of the employees and 12 percent from the employer – amounting to a total of 24 percent – will be borne entirely by the Central government.