Pradhan Mantri Rojgar Protsahan Yojana Plan Scheme
The establishments has allotted UAN after 01.01.2017 are eligible to register new employees at https://pmrpy.gov.in/ to get the rebate on Pension Contribution (8.33%)
under Pradhan Mantri Rojgar Protsahan Yojana(PMRPY).
Highlights of the Scheme
The Pradhan Mantri Rojgar Protsahan Yojana(PMRPY) Plan Scheme has been designed to incentivise employers for generation of new employment, where Government of India will be paying the 8.33% EPS contribution of the employer for the new employment. This scheme has a dual benefit, where, on the one hand, the employer is incentivised for increasing the employment base of workers in the establishment, and on the other hand, a large number of workers will find jobs in such establishments. A direct benefit is that these workers will have access to social security benefits of the organized sector.
1. All establishments registered with Employees’ Provident Fund Organisation (EPFO) can apply for availing benefits.
2.Establishments registered with the Employees’ Provident Fund Organisation (EPFO) should also have a Labour Identification Number (LIN).
3.The PMRPY scheme is targeted for employees earning wages less than Rs 15,000/- per month. Thus, new employees earning wages more than Rs 15,000/- per month will not be eligible.
4.Benefits of Textile Sector Establishments with NIC codes 1410 and 1430.
5.Textile sector establishments are eligible to get 3.67% of EPF Contribution.
6.Registration on PMRPY portal mandatory to avail benefits.
7.The Scheme will be in operation for a period of 3 years and the Government of India will continue to pay the 8.33% EPS contribution to be made by the employer for the next 3 years. That is, all new eligible employees will be covered under the PMRPY Scheme till 2019-20.