Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

The Pradhan Mantri Rozgar Protsahan Yojana (PMRPY) is an initiative by the Government of India aimed at incentivizing employers for generating new employment opportunities. Launched to encourage job creation and facilitate ease of doing business, PMRPY provides financial benefits to establishments for enhancing their hiring activities.

What is Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)?

PMRPY was introduced to promote formal employment generation across various sectors by providing employers with incentives for new hires. The scheme focuses on increasing the employability of youth and boosting economic growth through sustained job creation.

Benefits of Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

The following table outlines the key benefits of PMRPY

Benefits Details
Employer Incentives
Government pays employer’s share of EPF contribution (12% of wages) for new employees
Financial Support
Direct transfer of incentives to employer’s EPF account
Encouragement of Formal Employment
Promotes job creation in the formal sector, ensuring social security benefits

Eligibility for Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

The eligibility criteria for PMRPY are as follows

Eligibility Criteria Details
Establishments Covered
Registered under EPF Act, hiring new employees earning less than Rs. 15,000 per month
Employees Eligible
New employees joining the workforce after April 1, 2016
Duration
Scheme operational up to March 31, 2022

How to Apply for Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

Employers interested in availing PMRPY benefits can follow these steps

  1. Register: Enroll your establishment on the PMRPY portal.
  2. Submit Details: Provide information about new hires and EPF details.
  3. Receive Benefits: Upon verification, incentives are directly credited to the employer’s EPF account.
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Documents Required for Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

Ensure you have the following documents ready for PMRPY application

Required Documents Details
Establishment’s EPF Registration
Valid EPF registration number
New Employee Details
Aadhaar, bank account details, employment start date
Bank Account Details
Employer’s EPF account details for incentive transfer

How to Check Application Status

To track your PMRPY application status

  1. Visit: Access the PMRPY portal.
  2. Login: Use your credentials to log in.
  3. Check Status: Navigate to the application section to view updates on your submission.

Sources And References

For more details, visit the official government sources

Common FAQs about Pradhan Mantri Rozgar Protsahan Yojana (PMRPY)

Q: Who can apply for PMRPY benefits?
A: Establishments registered under EPF Act and hiring new employees earning less than Rs. 15,000 per month.

Q: What is the duration of PMRPY scheme?
A: PMRPY is operational up to March 31, 2022, as per current guidelines.

Q: How are incentives disbursed under PMRPY?
A: Incentives are directly transferred to the employer’s EPF account after verification of new employee details.

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