Moneycontrol PRO
Upcoming Event:Attend Algo Convention Live, 2 Days & 12+ Speakers at best offer Rs.999/- for Moneycontrol Pro subscribers. Price Increasing Soon!
you are here: HomeNewsEconomyPolicy

Atmanirbhar Bharat Rozgar Yojana extended till March 31, 2022: Finance Minister Nirmala Sitharaman

So far, a benefit of Rs 902 crore has been given to 21.42 lakh beneficiaries of 79,577 establishments till June 18, 2021, under this scheme, FM Sitharaman said.

June 28, 2021 / 04:28 PM IST
Finance Minister Nirmala Sitharaman (Image: Twitter/@FinMinIndia)

Finance Minister Nirmala Sitharaman (Image: Twitter/@FinMinIndia)

Union Finance Minister Nirmala Sitharaman announced at a Finance Ministry press briefing on June 28 that the Centre’s employment scheme -- Atmanirbhar Bharat Rozgar Yojana -- has been extended till March 31, 2022.

The Atmanirbhar Bharat Rozgar Yojana, which was set to expire on June 30, 2021, has benefitted over 21.4 lakh people of nearly 80,000 establishments, the Finance Minister said.

Launched on October 1, 2020, the scheme incentivises the creation of new employment and the restoration of loss of employment through the Employees' Provident Fund Organisation (EPFO).

So far, a benefit of Rs 902 crore has been given to 21.42 lakh beneficiaries of 79,577 establishments till June 18, 2021, under this scheme, FM Sitharaman said.

The total approved outlay for the scheme stands at Rs 22,810 crore, which will benefit an estimated 58.50 lakh beneficiaries.

Close

The last date to register for the scheme is July 30, 2021.

How does Atmanirbhar Bharat Rozgar Yojana help new employees?

A subsidy is provided to new employees drawing monthly wages less than Rs 15,000 for two years from registration under the scheme.



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Moneycontrol News
Sections
ISO 27001 - BSI Assurance Mark