Aatmanirbhar Bharat Rozgar Yojana has been brought to reduce the increasing unemployment and increase employment opportunities in the country. This scheme was started on 12 November 2020. Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been brought to increase the job opportunities in organized sectors. So far 16.49 lakh people have been registered under this scheme. This scheme will be of great benefit in reducing employment related problems and increasing employment opportunities during the Corona period. This plan is for a period of 2 years.
Under the Aatmanirbhar Bharat Rozgar Yojana, the Government of India will provide subsidy to all those employees who have been appointed between 1 October 2020 to 30 June 2021. This subsidy will be available for two years. Those employer organization which has 1000 employees, they will be contributed by the central government to the EPF by the central government with both 12 percent employee contribution and 12 percent employer contribution, 24 percent of salary allowances for two years. Companies where more than 1000 employees have been employed, they will contribute only 12 percent of each employee. This too will be valid for a period of 2 years only.
|Scheme name||Aatmanirbhar Bharat Rozgar Yojana (ABRY)|
|Initiated||Nirmala Sitharaman (Finance/Union Minister)|
|Department||Union Ministry / Ministry of Finance|
All new employees on or after October 1, 2020 and up to March 31, 2022
|Objective||Providing new employment opportunities|
and building an Aatmanirbhar Bharat.
|Plan period||2 years|
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Bharat Rozgar Yojana is an effort made to increase employment opportunities in the country and to get out of the economic crisis during the Corona period. This will not only reduce unemployment but will also improve the economy of the country. Along with this, new avenues will also open for those people who have lost their jobs and jobs due to Corona epidemic. Keeping all these reasons in mind, this scheme has been announced by Finance Minister Nirmala Sitharaman.
Update – Version 3.0 of the Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been started. This was announced by Finance Minister Nirmal Sitharaman during a press conference. He told that under the Aatmanirbhar Bharat package version 3.0, this scheme has been extended till 31 March 2022. Developing human capital, innovation research and development, doubling the income of farmers under this scheme. Strengthening physical and financial capital and infrastructure, good governance, opportunities for youth, women empowerment etc. will be focused. A strong effort will be made to improve the economic structure of the country under Atmanirbhar Bharat Abhiyan 3.0.
Aatmanirbhar Bharat Rozgar Yojana was brought to reduce the unemployment of the country. To improve the economy of the country, it is necessary that employment opportunities should be increased. We are telling about some more such beneficial facts related to this scheme further through this article. Please keep reading further to know.
To get the benefits under this scheme, the individual or any institution has to fulfil the eligibility conditions of Bharat Rozgar Yojana. If you also want to take advantage of this scheme, then know about the eligibility conditions related to these.
Registration will be required to avail of benefits under ABRY. Along with this some necessary documents also have to be attached. We are giving information about these documents here. Please keep reading further to know.
If an organization, company or individual wants to take advantage of this scheme, then first of all, “Employees Provident Fund Organization” will have to get themselves registered under EPFO. Next, we are telling about the process of registration.
Registration Process for Employers
The objective of this scheme is to create new jobs and reduce unemployment by increasing employment opportunities. Also, the purpose of this scheme is to provide employment again to those people who have lost their jobs during the corona epidemic.
Registration can be done under this scheme from October 2020 to March 31, 2022.
Only a person who fulfills the following conditions can take advantage of this scheme.
The employee whose monthly income is less than Rs 15000 and not associated with any such organization which is registered with EPFO before 1st October 2020 . He should not have any Universal Account Number or EPF Member Account Number before 1 October 2020. That person will be considered eligible for this facility.
Any EPFO member having Universal Account Number and whose salary is less than 15000. The person has lost his employment during the Kovid epidemic (between 1st March and 30th September) and he should not have joined any such organization till 30th September which is registered in EPF. That person can also become a beneficiary of this scheme.
We are writing ahead the benefits of self-reliant India employment scheme. Keep reading to know.
New employment opportunities will open under this scheme and unemployed will get jobs.
This will also improve the economy of the country.
All those people who had lost their jobs during the Corona epidemic will get employment again so that their livelihood can go on, under this scheme, both the employing institutions and the employees will get the
benefit, read our article to know other similar benefits.
If you are also interested in getting benefits under this scheme and fulfill all the eligibility conditions then you can read our article. We have explained the complete process of registration in detail in our article.
For this, you have to register yourself by visiting the official website and after that you can apply in CLSS under PM Awas Yojana.
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