The Aatmnirbhar Bharat Rojgar Yojana is launched by the Indian government, aimed at employment opportunities in the post-COVID scenario. This blog talks on the scheme's core objectives, its target beneficiaries, and the registration process. It also highlights the government's dedicated budget of ₹22,810 Crore from 2020 to 2023, underscoring its commitment to facilitating job growth and economic recovery.
Overview of Aatmnirbhar Bharat Rojgar Yojana
The Aatmnirbhar Bharat Rojgar Yojana encourages businesses to create jobs. This programme has been extremely beneficial to workers who lost their jobs due to coronavirus illness and who haven’t worked in an institution covered by the EPF since September 30, 2020.
If a new hire is registered under EPFO in any organisation and their salary or salary is less than 15,000 per month, or if they are an individual whose job was lost between March 1, 2020, and September 30, 2020, and they got a job again after October 1, 2020, and they are registered under the Employees Provident Fund Fund, the Central Government will provide benefits under the scheme.
The scheme has now been extended by the government till March 31, 2022.
Benefits of Aatmnirbhar Bharat Rojgar Yojana
The Atmanirbhar Bharat Rojgar Yojana’s primary goal is to offer new employment opportunities to those who have lost their jobs as a result of the Corona pandemic. With the implementation of this plan, the economy will undoubtedly undergo a new change, and we will once more move in the direction of a developed economy. This plan will undeniably contribute positively to job creation.
Who Are Eligible to Avail Benefits Under Aatmnirbhar Bharat Rojgar Yojana 2023?
- This program’s benefits are available to newly hired employees who were hired between 1 October 2020 and 30 June 2021.
- Every new hire must have a UAN that has been seeded with their Aadhaar.
- The benefit under this scheme will be paid for the salary month in which the employee is employed in any eligible establishment
- Employees will not be eligible if their monthly salary at any point in time exceeds ₹14999 rupees.
In order to avail of the benefits of the scheme the applicant must keep the following documents and information handy –
- Aadhar card
- Employee Registration under EPFO
- Passport size photos
How to Register for the Scheme?
- You must first go to the EPFO’s official website. The home page will now appear before you.
- You must select the Services tab on the home page.
- You must now select the Employees tab.
- After that, you must click the Register Here link.
- The Registration Form will now appear before you.
- You must fill out the registration form with all necessary information, such as your name, email address, mobile number, etc.
- You must then click on ‘Submit.’
Caution!
Beware of fraudsters trying to extract sensitive information from you under the guise of this scheme. Never divulge your personal details on any website other than the official website of the Yojana linked above.
Note – Aatmnirbhar Bharat Rojgar Yojana’s details pertaining to the year 2023 are yet to be updated. Stay tuned for the latest details.
FAQs on Aatmnirbhar Bharat Rojgar Yojana
What is Aatmnirbhar Bharat Rojgar Yojana, and what are its key objectives?
The Aatmnirbhar Bharat Rojgar Yojana (ABRY) is an initiative by the Indian government aimed at promoting employment during the post-COVID recovery phase. Its main objectives are to incentivise employers to create new employment opportunities and to restore the loss of employment during the COVID-19 pandemic.
Who is eligible to register for Aatmnirbhar Bharat Rojgar Yojana?
Employers and establishments registered with the Employees' Provident Fund Organisation (EPFO) and hiring new employees during the scheme period are eligible. Additionally, employees drawing monthly wages of less than ₹ 15,000 and weren't a member of EPFO before the scheme's commencement are also eligible.
How can individuals or employers register for the scheme?
Eligible employers can register by logging into the EPFO portal, navigating to the ABRY section, and filling out the requisite forms. Individuals can avail of the benefits indirectly once their employers register for the scheme.
What benefits and incentives are provided under this yojana?
Under ABRY, the government will subsidise a portion of the EPF contributions for new employees. This subsidy is provided for a two-year period and is meant to reduce the financial burden on employers and promote hiring.
Is there a deadline for registration, and how long will the benefits be provided under the scheme?
The government will cover the subsidy for two years starting from the registration date. The allocated budget for the scheme, running from 2020 to 2023, is ₹22,810 crores.
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