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 full employer's contribution towards EPF & EPS both w.e.f 01.04.2018 (earlier benefit was applicable for employer's contribution towards EPS only) 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
All Establishments registered with EPFO can apply for availing benefits.
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Establishments should have LIN allotted to them under Shram Suvidha Portal.
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Employee should have a valid Aadhaar linked UAN and wages upto ₹15,000
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Scheme amendment for more employment generation
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Now Government to bear full employer`s contribution (8.33% EPS + 3.67% EPF ) w.e.f. 01/04/2018 for all sectors
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Registration on PMRPY portal mandatory to avail benefits.