SME Times is powered by   
Search News
Just in:   • “Practical Packaging Solutions Begin with Quality, Convenience, and Customer Needs”: Mr. Vipul  • HDFC Bank Q2 profit rises 5 pc, misses estimates on higher provisions  • “Every Flag and Scarf Represents Identity, Creativity, and a Sense of Belonging”: Sachin  • FIIs turn net buyer in Indian market as sentiment improves  • India, Thailand hold talks on cementing strategic partnership 
Last updated: 06 Dec, 2021  

Rupee.9.Thmb.jpg More than 1.2 crore benefited under PMRPY

Rupee.9.New.jpg
   Top Stories
» HDFC Bank Q2 profit rises 5 pc, misses estimates on higher provisions
» FIIs turn net buyer in Indian market as sentiment improves
» India-US trade deal 98-99 per cent done: US official
» FM Sitharaman pushes for early India-US trade deal
» Indian equity markets open higher despite weak global cues; IT and FMCG shares lead
SME Times News Bureau | 06 Dec, 2021

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.

This Information was given by the Minister of State for Labour and Employment Rameswar Teli, in a written reply in Lok Sabha on Monday.

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.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹96.5
₹94.8
UK Pound
₹132.25
₹128.15
Euro
₹113.6
₹109.8
Japanese Yen ₹61.3 ₹59.45
As on 03 Sep, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter