(PMRPY Scheme) Online Registration for the Prime Minister's Employment Promotion Scheme 2022
With this in mind, the government has launched a number of programmers to help unemployed youth find work.
The unemployment rate in the country is increasing rapidly. Keeping this in view, the Government unemployed youth Various schemes are being started to provide employment to Today we are going to provide you information related to one such scheme whose name is Prime Minister Employment Promotion Scheme Is. By reading this article you will get all the important information related to this scheme. Such as what is Pradhan Mantri Rojgar Protsahan Yojana?, its benefits, purpose, eligibility, important documents, the application process, etc. so guys if you Pradhanmantri Rojgar Protsahan Yojana 2022 Want to get all the important information related to this, you are requested to read this article of ours till the end.
This scheme has been launched to encourage employers to create new jobs. Under this scheme, EPF and EPS will be paid by the government. This scheme will be launched on 1st April 2018. Earlier this facility was available only for EPS. Under this scheme, 8.33% EPS will be contributed by the government, and 3.67% EPF will be contributed. Prime Minister Employment Promotion Scheme The benefit can be availed only for new employment. There are twofold benefits of this scheme, on the one hand, incentives will be provided to the employer for creating employment under this scheme, and on the other hand employment opportunities will be generated through this scheme.
The government since 2016 Prime Minister’s Employment Promotion Scheme is being operated. Employers are encouraged to create new jobs through this scheme. For all those employees who get a salary of ₹ 15000 or less, 12% of Employer Contribution is provided by the Government of India for 3 years. This information was provided by the Minister of State for Labor and Employment, Rameshwar Teli on 6 December 2021. The last date for registration under this scheme was fixed as 31 March 2019. which has now been extended. All those beneficiaries who got themselves registered by 31st March 2019 will get the benefit under the scheme for 3 years from the date of registration.
About 20 lakh beneficiaries were estimated to be benefited through this scheme. Till 27 November 2021, 1.21 crore beneficiaries have been benefited through 1.53 lakh establishments. Various campaigns are also being conducted to increase the awareness of this scheme so that maximum citizens can get the benefit from the scheme.
Prime Minister’s Employment Promotion Scheme Key Facts
- It is mandatory for the establishment to be registered under the EPF Act 1952.
- It is mandatory for the establishment to have a valid LIN number.
- It is mandatory for the registered establishment to have an organizational pen.
- It is mandatory for the company or business to have a valid bank account.
- It is mandatory for the establishment to submit the ECR.
- There should be an increase in the number of employees on or after April 1, 2016.
- All new employees will be covered under this scheme after fulfilling all the necessary conditions.
- The PAN and LIN number of the establishment will be verified.
- The new employee’s information will be verified through the UAN database.
- Verification of UAN seeded with Aadhar number will also be done. This verification will be done from UIDAI or EPFO database.
- The bank details of the appointee will also be verified through EPFO.
- After doing all the verification, the system will calculate the amount to be paid to the institute.
- A Management Information System will be put in place by EPFO. Which will provide the analytical report to the Ministry of Labor and Employment. So that the implementation process of this scheme can be done successfully.
Benefits and Features of PM Rojgar Protsahan Yojana 2022
- This scheme has been started to generate new employment opportunities.
- Under this scheme, the recruits will be encouraged to create new jobs.
- This incentive will be done by paying the EPF and EPS of the appointees by the government.
- This scheme has been started on 1st April 2018.
- Prime Minister Employment Promotion Scheme Under the scheme, 8.33% EPS will be contributed by the government, and 3.67 percent EPF will be contributed.
- The benefit of this scheme will be provided only for new employment.
- Through the Pradhan Mantri Rozgar Protsahan Yojana, workers will get social security benefits in the organized sector.
- Only establishments registered under EPFO can avail this scheme.
- To take advantage of this scheme, it is mandatory for the establishments to have a LIN number under the Shram Suvidha Portal.
- PM Rojgar Protsahan Yojana 2022 The benefit will be provided only when the employee’s Aadhaar is linked with UAN and his salary should be ₹ 15000 or less.
- through this scheme Decreased unemployment rate in the country Will come
- Through the Prime Minister’s Employment Promotion Scheme, all unemployed citizens will become self-reliant and the country’s economy will also improve.
Eligibility for Prime Minister’s Employment Promotion Scheme
- Till now it is mandatory to be a permanent resident of India.
- Under this scheme, it is mandatory to be registered under EPFO.
- Establishments must have a LIN number.
- It is mandatory for the employees to link their Aadhaar with the UAN.
- The salary of the employees should be at least 15000 or less.
- Aadhar Card
- LIN Number
- Ration card
- Birth certificate
- residence certificate
- passport size photograph
- mobile number
- income certificate
this scheme across the country boost employment was started to give Under this scheme, 12% EPF and EPS will be paid by the government on the appointment of a new employee for 3 years. This payment will be made through EPFO on behalf of the government appointee. It has been announced on 10 March 2021 by Santosh Kumar Gangwar, Minister of State and Labor Employment that Pradhanmantri Rojgar Protsahan Yojana 2022 The benefit of the scheme will now be extended to 1.21 crore beneficiaries. This benefit will be done through 1.52 lakh institutions. All those beneficiaries who had registered before 31st March 2019 will also be provided this scheme benefit for 3 years.
Pradhanmantri Rojgar Protsahan Yojana 2022 Through this, the workers will get the social security benefits of the organized sector. The benefits of this scheme can be availed by all the establishments registered under EPFO. Establishments should have LIN numbers under Shram Suvidha Portal to avail of benefits under this scheme. Employees will be able to take advantage of this scheme only when their Aadhaar is linked with UAM and their salary should be ₹ 15000 or less. Prime Minister Employment Promotion Scheme 2022 You will not need to visit any government office to take advantage of the benefits. All you need to do is register on the official website.
The main objective of this scheme is to generate employment opportunities in the country. Under this scheme, the EPF and EPS contribution of the employer will be done by the government. Due to this, the employer will be encouraged to provide new jobs. Through this scheme, the unemployment rate will come down and the people of the country are self-sufficient Will be PM Rojgar Protsahan Yojana 2022Through this, the country’s economy will also improve and the country will move towards empowerment.
The Pradhan Mantri Rojgar Protsahan Yojana, or PMRPY Scheme, is designed to encourage employers to create jobs by paying the employer’s Employee Pension Scheme contribution of 8.33 % for the first 3 years of employment. There is also a recommendation to extend this to people who are unemployed but are semi-skilled or unskilled. Only new employees are eligible for the Pradhan Mantri Rojgar Protsahan Yojana’s benefits. Read below to check the detailed information related to Pradhan Mantri Rojgar Protsahan Yojana 2022 like Highlights, Objectives, Features, Benefits, Eligibility Criteria, Application Procedures, and much more.
The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a scheme that rewards business owners who register with the Employees’ Provident Fund Organization (EPFO) for creating jobs by paying the full contribution of employers to the Employee Pension Scheme (EPS) and Employees’ Provident Fund (EPF) for new employees with a new Universal Account Number (UAN). This program creates to encourage businesses to generate jobs. The government will pay EPF and EPS under this scheme. The government will contribute 8.33 percent of the EPS and 3.67 percent of the EPF under this scheme. This scheme has two advantages: on the one hand, incentives will be provided to employers for creating jobs under the scheme, and on the other hand, job opportunities will be created as a result of the scheme.
The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) aims to encourage employers to generate employment by providing incentives to those who are registered with the Employees’ Provident Fund Organization (EPFO). The scheme accomplishes two goals first, it encourages employers to create jobs by incentivizing them, and second, it helps a large number of workers find work. Apart from paying 8.33 % towards employee EPS contributions, the government intends to pay 3.67 percent to the Employees Provident Fund for eligible employers of new employees in the textile industry. The fact that these workers will have to assess to organized-sector social security benefits is a direct benefit.
The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a scheme to incentivize employers registered with the Employees’ Provident Fund Organisation (EPFO) for job creation, by virtue of the Government of India paying the full contribution of employers to the Employee Pension Scheme (EPS) and Employees’ Provident Fund (EPF) in respect of new employees having a new Universal Account Number (UAN).
All Applicants who are willing to apply online application then download the official notification and read all eligibility criteria and application process carefully. We will provide short information about “Pradhanmantri Rojgar Protsahan Yojana 2022” like Scheme benefits, Eligibility Criteria, Key Features of the Scheme, Application Status, the Application process, and more.
Pradhan Mantri Rojgar Protsahan Yojana is a scheme under which the government contributes 12 percent of the new employees for three years under the Employees Provident Fund (EPF) and the Employees Pension Scheme (EPS). These contributions will be given to those registered under the EPFO till April 1, 2016, whose salary is up to Rs 15,000 monthly. The entire system is online and Aadhaar based. Earlier, this benefit was only available to the EPS.
All the establishments registered under EPFO can avail this scheme. Establishments under this scheme should have LIN numbers under Shram Suvidha Portal for availing benefits. Employees will be able to avail of the benefit of this scheme only if their Aadhaar is linked to UAM and their salary should be ₹ 15000 or less. The Pradhan Mantri Rojgar Protsahan Yojana(PMRPY) Plan Scheme has been designed to incentivize employers for the generation of new employment, where the Government of India will be paying the full employer’s contribution towards EPF & EPS both w.e.f 01.04.2018 (earlier benefit was applicable for employer’s contribution towards EPS only) for the new employment.
The Narendra Modi government on 30 May 2022 approved the continuation of the Prime Minister’s Employment Generation Programme (PMEGP) for five years from 2021-22 to 2025-26. The outlay approved for the continuation of the scheme during the 15th Finance Commission cycle is Rs. 13,554.42 crores. The government has modified the existing scheme by increasing the maximum project cost from the existing Rs. 25 lakh to Rs. 50 lakh for manufacturing units and from the existing Rs. 10 lakh to Rs. 20 lakh for service units.
Also, it has modified the definition of village industry and rural areas for PMEGP. Areas falling under Panchayati Raj institutions to be accounted for under rural areas, whereas areas under municipality to be treated as urban areas. Further, all Implementing agencies are allowed to receive and process applications in all areas irrespective of the rural or urban category. PMEGP applicants under aspirational districts and transgender will be treated as Special category applicants and entitled to a higher subsidy.
Since its inception in 2008-09, about 7.8 lakh micro enterprises have been assisted with a subsidy of Rs. 19,995 crore generating estimated sustainable employment for 64 lakh persons. About 80% of the units assisted are in rural areas and about 50% of units are owned by SC, ST, and women categories.
The government has implemented PMEGP in 2008 by merging two schemes in operation namely Prime Ministers Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP), with Khadi and Village Industries Commission (KVIC) as the nodal agency. Under the PMEGP scheme, loans up to Rs. 25 lakh are given for manufacturing and service industries, in which 15% to 35% subsidy is provided by the KVIC depending upon the area. Micro-enterprises have been set up in the non-farm sector to felicitate the process even further.
General category beneficiaries under the PMEGP scheme can avail of a margin money subsidy of 25% of the project cost in rural areas and 15% in urban areas. For beneficiaries belonging to special categories such as Scheduled Castes (SC), Scheduled Tribes (ST), OBCs, minorities, women, ex-servicemen, and physically handicapped, the margin money subsidy is 35% in rural areas and 25% in urban areas.
|Scheme Name||Pradhanmantri Rojgar Protsahan Yojana (PMRPY)|
|Initiated by||Government of India|
|Language||Pradhanmantri Rojgar Protsahan Yojana (PMRPY)|
|State Name||All Over India|
|Scheme under||Central Government|
|Scheme Objective||To Generate employment|
|Major Benefit||Providing Employment to youth|
|Government contribution||8.33% in EPS and 3.67% in EP F|