Friday 5 May 2017

PMRPY/ PMPRPY

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 8.33% EPS contribution of the employer 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

1. Even after switch in employment, employees will be eligible for PMRPY/PMPRPY benefit for 3 years from date of joining in first employment for subsequent employers. 
2. Condition that "The eligible employer must added new employees to the reference base of workers (creation of new posts) in order to avail benefits under the scheme" has been removed.


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