PMRPY: Employer Incentive Scheme for New Jobs in India, Schemes and Mind Maps of Labour Law

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Pradhan Mantri Paridhan

Rojgar Protsahan Yojana

(PMRPY)

PMRPY

The Pradhan Mantri Rojgar Plfotsahan Yojana(PMRPV) Plan

Scheme has been designed to incentivize employers for generation of

new employment, where Government of India will be paying the 12%

contribution of the employer for the new employment. The Scheme is

operational from August 2016

The Government will fully contribute Employer’s 12% under EPF &

MP act w.e.f 1-4-2018, earlier only 8.33% of Employer’s contribution

towards EPS was paid by Govt.

Last date of registration by Employers under the scheme is 31

st

March 2019

The Scheme will be in operation for a period of 3 years. Hence, the

employers will continue to get the 8.33% contribution paid by the

Government for these eligible new employees for the next 3 years,

provided they continue in employment by the same employer.

Eligible Employees

New employees should have joined on or after 1-4-

Should not have been regular employee of EPFO registered

establishment, he/she should be fresh employee

Who did not had UAN prior 1

st April 2016

Salary should be less than ₹15000 15000

Validation of new employees

 The employment to be covered under the Scheme would comprise

new employment for workers earning wages less than ₹1500015,000/- per

month. The description of the post (job role) for the new employment

needs to be specified along with the date of joining and date of exit, if

applicable.

 PMRPY form should be submitted by eligible employers at the end of

each month, preferably by the 10th day of the following month.

 In case the employer does not submit the information on-line on the

PMRPY form by 10th of the following month, he will not be eligible

for availing benefits under the PMRPY Scheme for that month.