Labor Ministry expands coverage of Atmanirbhar
“The objective of this scheme is to benefit a total of 71.80 lakh beneficiaries,” Labor Minister Bhupendra Yadav said in reply to a question in Lok Sabha on Monday. Under the scheme, benefits worth Rs 993.26 crore have been provided to 22.57 lakh employees through 84,390 establishments till July 12, 2021.
Atmanirbhar Bharat Rozgar Yojana (ABRY) was launched last year as part of Atmanirbhar Bharat Package 3.0 to encourage employers to create new jobs with social security benefits and reduce employment losses during the COVID-19 pandemic. can be reinstated.
This scheme being implemented through Employees’ Provident Fund Organization (EPFO) aims to reduce the financial burden of the employers and encourage them to hire more workers.
Under the scheme, an employee earning a monthly salary of less than Rs 15000 who was not working in any establishment registered with the Employees’ Provident Fund Organization (EPFO) before October 1, 2020, is eligible for the benefit.
Even employees who lost their jobs during the COVID-19 pandemic and did not join any EPF covered establishment till September 30, 2020, are also eligible for the benefits.
As per the scheme, the government is collecting, for a period of two years, the employee’s share (12% of the wage) and the employer’s share (12% of the wage) as the payable contribution or only the employee’s share, which is the employment power of EPFO. it depends on. Registered Establishment.
The scheme, which started from October 1, 2020, has now been extended till March 31, 2022, as against the previous cut-off of March 31, 2021, the government will pay the subsidy for two years from the date of registration.
In a separate response, Minister Yadav said that the Building and Construction Workers (BOCW) Welfare Board has disbursed Rs 5618 crore through direct benefit transfer to 1.83 crore beneficiaries in the first wave. “During the second surge of Covid-19, Rs 1795 crore has been distributed to 1.23 crore BOCW workers,” he said.