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Cabinet approves Atmanirbhar Bharat RojgarYojana (ABRY)
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for
Atmanirbhar Bharat RojgarYojana (ABRY) to boost employment in formal sector and incentivize creation of
new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0.
Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial yearand Rs.22,810 crore for
the entire Scheme period i.e. 2020-2023.
The salient features of the Scheme are as under:
i.Government of India will provide subsidy for two years in respect of new employees engaged on or after
st October, 2020 and upto 30th June, 2021
ii. Government of India will pay both 12% employees' contribution and 12% employers' contribution i.e.
24% of wages towards EPF in respect of new employees in establishments employing upto 1000
employees for two years,
iii. Government of India will pay only employees' share of EPF contribution i.e. 12% of wages in respect of
new employees in establishments employing more than 1000 employee for two years.
iv. An employee drawing monthly wage of less than Rs. 15000/- who was not working in any
establishment registered with the Employees’ Provident Fund Organisation (EPFO) before 1st October,
2020 and did not have a Universal Account Number or EPF Member account number prior to
1stOctober 2020 will be eligible for the benefit,
v. Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than
Rs. 15000/- who made exit from employment during Covid pandemic from 01.03.2020 to 30.09.2020
and did not join employment in any EPF covered establishment up to 30.09.2020 will also be eligible to
avail benefit,
vi. EPFO will credit the contribution in Aadhaar seeded account of members in electronic manner,
vii. EPFO shall develop a software for the scheme and also develop a procedure which is transparent
and accountable at their end.
viii.EPFO shall work out modality to ensure that there is no overlapping of benefits provided under ABRY
with any other scheme implemented by EPFO.
Source:PIB Delhi
Date: 9th DEC 2020
- They are mostly young people from the civil who are imparted training, required in the performance of their duty. They function strictly as per the Standing Orders or the directions given...
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- Servel has emerged as one of the reputed housekeeping service providers in the Delhi/NCR region. We provide cleaning personnel to take care of cleansing requirements in all types of...
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- The law enforcement agencies may not be able to provide a 24-hour security. Servel provides you, your family and your industry or commercial center with round the clock protection through...
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