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Atmanirbhar Bharat Rozgar Yojana jobs target surpassed by 28%

Gs Paper-2

Syllabus: Welfare schemes for vulnerable sections of the society, Issues related to development and management of the social sector.

 

Context:

  • The government has surpassed the formal employment creation target set under the Atmanirbhar Bharat Rozgar Yojana (ABRY), which incentivises employers for creating jobs.
  • Latest data show 51 million jobs were created under the scheme since its notification in December 2020, over a quarter more than the initial target of 5.85 million.
  • 31 million establishments have registered 7.51 million new employees under ABRY,” shows an internal document of the Employees’ Provident Fund Organization (EPFO), shared with the members of its Central Board of Trustees.

 

Current Affairs

 

Insta Links

To read about Atmanirbhar Bharat Rozgar Yojana (ABRY): click here

To read about EPFO: click here

 

Practice Questions

Q. With reference to Atmanirbhar Bharat Rozgar Yojana (ABRY), consider the following statements:

  1. An employee drawing a monthly wage of less than Rs. 15000/- who were not working in any EPFO registered establishment and did not have a Universal Account Number (UAN) can avail of this scheme.
  2. The establishment that registered with EPFO after the commencement of the scheme will get a subsidy for all new employees.

Which of the statements given above is/are not correct?

a. 1 only

b. 2 only

c. Both 1 and 2

d. Neither 1 nor 2

Ans: (d)

Source: Economic times