Correct option is C
The correct answer is (c) 2016.
· The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) was launched in 2016.
· The primary goal of the PMRPY scheme is to incentivize employers to generate new employment opportunities by offering financial benefits for hiring new employees.
· The government pays the full employer's contribution (12% or 10% of the wages) towards the Employee Provident Fund (EPF) and Employees' Pension Scheme (EPS) for the new employees for a period of three years.
· The scheme targets employees earning wages up to ₹15,000 per month.
· Employers who are registered with the Employees' Provident Fund Organization (EPFO) and have a valid Labour Identification Number (LIN) can avail the benefits of this scheme.
· The scheme is implemented by the Ministry of Labour and Employment through the Employees' Provident Fund Organization (EPFO).