FM Nirmala Sitharaman launches new scheme called Atmanirbhar Bharat Rozgar Yojana
12-11-2020 Thu 14:32
Addressing a press conference on Thursday in Delhi, Finance Minister Nirmala Sitharaman launched a new scheme called Atmanirbhar Bharat Rozgar Yojana. The new employment scheme is being launched to incentivise the creation of new employment opportunities.
Under the scheme, the EPFO registered companies will get benefits if they recruit new employees without EPFO number and those who lost jobs between March 1, 2020 and September 30, 2020. The scheme will be effective from October 1, she stated. EPFO registered companies having less than 1,000 employees will get subsidy in EPF contributions for two years.
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