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ATMANIRBHAR BHARAT ROJGAR YOJANA (ABRY) - Coggle Diagram
ATMANIRBHAR BHARAT ROJGAR YOJANA (ABRY)
Central Sector Scheme.
It has been launched for a period of
2020-2023
under
Atmanirbhar Bharat Package 3.0.
Objectives
To boost employment in
formal sector.
To
incentivize employers
fo
r creation of new employment along with social security
benefits and
restoration of loss of employment
during COVID-19 pandemic.
Salient Features
For establishments employing upto
1000 employees
Government will pay both
employees’ and employers’
contribution of wages towards
Employees’ Provident Fund (EPF)
in respect of new employees for
two years (on or after October 1,
2020, and up to June 30, 2021).
For establishments employing more
than 1000 employee
Government will pay only
employees’ EPF contribution
in respect of new employees
for two years
Beneficiaries
Employee with less than
Rs. 15000 monthly wages and not working in any
establishment
registered with Employees’ Provident Fund Organisation (EPFO)
before October 1, 2020.
EPFO shall work out modality to ensure that there is no overlapping of benefits
provided under ABRY with any other scheme implemented by EPFO.
The benefit shall be available for a
period of twenty-four months
from date of registration of
new employee,
not later than 30/06/2023 in any case.
Scheme stands commenced from
1st October, 2020
and shall remain open for
registration of
eligible employers and new employees up to 30th June, 2021