Atmanirbhar Bharat Rojgar Yojana, Rs 15000 Salary, PF Scheme

Atmanirbhar Bharat Rojgar Yojana 2021 PM Modi Atmanirbhar Bharat Rojgar Scheme Rs 15000 Below Salary Employee Registration 2021 Atmanirbhar Bharat Provident Fund New Employee Yojana. Atmanirbhar Bharat Rojgar Yojana is to boost employment in the formal sector & Incentivize creation of new employment opportunities. Here are the criteria for EPFO registered establishments to be eligible for benefits under 

New Employee Atmanirbhar Bharat Rojgar Yojana : A new Scheme Atmanirbhar Bharat Rojgar Yojana is being launched to incentivize creation of new employment opportunities during the Covid recovery phase. In Atma Nirbhar Bharat Rojgar Yojana Central Govt to provide subsidy for two years in respect of new eligible employees engaged on or after 1 October 2020 at following scale. 

Establishment employing up to 1000 employees: Employees contributions (12% of wages) & employer contribution (12% of wages).

Establishment employing more than 1000 employees: Only employees EPF contribution (12% of EPF wages). Subsidy support to get credited upfront in Aadhaar seeded EPFO Account (UAN) of eligible new employee. 

Eligibility criteria for Atmanirbhar Bharat Rozgar Yojana: Establishments registered with EPFO if they add new employees compared to reference base of employees as in September, 2020 as under: 

1.Minimum of two new employees if reference base is 50 employees or less. 

2.Minimum of 5 new employees if reference base is more than 50 employees. 

3.Scheme to be operational till 30th June 2021. Establishment registering with EPFO after commencement of scheme to get subsidy for all new employees. 

Beneficiaries New employees under ABRY Scheme: Any new employee joining employment in EPFO registered establishment on monthly wages less than Rs 15000. 

Atmanirbhar Bharat Rojgar PF New Employee Scheme: EPF Members drawing monthly wages of less than Rs 15000 who made exit from employment during Covid pandemic from 1 March 2020 to 30 September 2020 and is employed on or after 1 October 2020.