The Cabinet has approved of Atmanirbhar Bharat RojgarYojana to boost employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0. The Govt. will provide subsidy for 2 years in respect of new employees engaged on or after 1 October, 2020 and upto 30th June, 2021. Govt. will also pay both employees' contribution and employers' contribution i.e. 24% of wages towards EPF for new employees in establishments employing upto 1000 employees for two years
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