What Is Atma Nirbhar Bharat Rozgar Yojana

During covid-19 pandemic,the UP government launched on Friday the use of the creation scheme under Aatmanirbhar 3.0. The scheme will boost employment and incentivize jobcreation throughout the country.EPFO registered establishments will take in new employees or those who lost their jobs earlier that will be applicable for the youths. It has become effective from 1st October 2020.

The Government has launched a new employment scheme Atmanirbhar Bharat Rozgar Yojana to incentivise the creation of new employment opportunities during the COVID-19 recovery phase. The scheme was launched as a part of a fresh stimulus worth Rs 2.65 lakh crore announced by Finance Minister Nirmala Sitharaman on November 12, 2020 to boost the COVID-hit Indian economy.

The Atmanirbhar Bharat Rozgar Yojana aims to benefit any new employee joining employment in EPFO registered establishments on monthly wages less than Rs 15,000 and those who left their jobs between March 1 to September 30 and are employed from October 1. It will also benefit establishments registered with EPFO subject to certain conditions.

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