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Aatmanirbhar Bharat Rojgar Yojana was implemented through which organisation?
Question

Aatmanirbhar Bharat Rojgar Yojana was implemented through which organisation?

A.

India Post Payments Bank

B.

HDFC Bank

C.

Employees Provident Fund Organisation

D.

Life Insurance Corporation

Correct option is C

The correct answer is (c) Employees Provident Fund Organisation

  • The Aatmanirbhar Bharat Rojgar Yojana (ABRY) was launched by the Government of India in December 2020 to incentivize employment generation during the post-COVID recovery phase.

  • It is implemented by the Employees’ Provident Fund Organisation (EPFO) under the Ministry of Labour and Employment.

  • Under this scheme, the Central Government pays both the employee and employer’s EPF contributions (24%) for new employees in eligible establishments for up to 2 years.

  • The goal is to boost formal employment by reducing the burden on employers while extending social security benefits to workers.

Information Booster:

  • Launched: 1st October 2020 (effective from), announced in December 2020

  • Objective: To increase employment in formal sector post-COVID

  • Implemented by:EPFO, under the Ministry of Labour and Employment

  • Eligibility: New employees earning less than ₹15,000 per month, and employers registered with EPFO

  • Validity Period: Scheme was operational till 31st March 2022

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