|ABRY Registration| Atmanirbhar Bharat Rozgar Yojana 2022: Apply Online

Finance Minister Nirmala Sitharaman announced the Aatmanirbhar Bharat Rozgar Yojana on November 12 to encourage the creation of new job opportunities to rehire those who were laid off during the COVID-19 pandemic. Employers and new employees of EPFO-registered institutions will be eligible for incentives from the federal government. New employees will be eligible for an incentive for two years after their first day on the job. The Atmanirbhar Bharat Rozgar Yojna will continue to run until March 31, 2022. Read below to check the detailed information related to Atmanirbhar Bharat Rozgar Yojana 2022 like Highlights, Objectives, Features, Benefits, Eligibility Criteria, Application Procedures, and much more.

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Atmanirbhar Bharat Rozgar Yojana 2022

Many projects will be carried out as part of the program to provide employment opportunities for the recipients. Companies that hire new employees are eligible for subsidies under the program. It also aims to assist those who have lost their jobs as a result of the pandemic The Prime Minister’s Self-Reliant India Employment Strategy was initiated to provide jobs to employees in the organized sector. Under the new scheme, the government would provide a subsidy to all new eligible employees in the form of EPF contributions.” “The subsidy will be credited to Aadhaar-seeded EPFO accounts in advance,” Sitharaman said.

Ayyankali Urban Employment Guarantee Scheme

Highlights of Atmanirbhar Bharat Rozgar Yojana

Scheme Name	Pradhanmantri Atma Nirbhar Bharat Rozgar Yojana (PMABRY)
Initiated by	Government of India
Introduced by	Finance Minister Nirmala Sitharaman
Language	आत्मनिर्भर भारत रोजगार योजना
State Name	All Over India
Scheme under	State Government
Duration of the Scheme	2 years
Beneficiaries	New employees under EPFO
Major Benefit	Jobs
Scheme Objective	To Provide new job employment opportunities
Post Category	Scheme/ Yojana/ Yojna
Official Website	https://www.epfindia.gov.in

Objectives of Atmanirbhar Bharat Rozgar Yojana

The scheme is intended to have a two-fold advantage. While the plan is intended to encourage employers and businesses to hire more people, it will also assist several job seekers in finding work in EPFO-registered businesses. This scheme will cover 99.1% of organizations, and 65 percent of all employees in the formal sector are expected to be covered. The government will also provide subsidy support for EPF contributions.

Pradhan Mantri Mudra Loan Yojana

Benefits of Atmanirbhar Bharat Rozgar Yojana

Some of the key benefits of the Atmanirbhar Bharat Rozgar Yojana 2022 are as follows:

The program began on October 1, 2020, and will be open for the registration of eligible organizations and new employees until March 31, 2022.
Based on the job strength of EPFO authorized establishments, the central government bears both the employees’ share i.e., 12 % of wages, and the employers’ share i.e., 12 % of wages of contribution payable under ABRY, or only the employees’ share i.e., 12 % of wages.
An employee with a monthly income of fewer than 15,000 rupees who was not working in any EPFO-registered establishment before October 1, 2020, and who did not have a Universal Account Number or EPF Member account number before October 1, 2020, is eligible for the advantage under the scheme.

Features of Atmanirbhar Bharat Rozgar Yojana

Some of the key features of the Atmanirbhar Bharat Rozgar Yojana 2022 are as follows:

The plan will go into effect on October 1, 2020, and will last until June 30, 2021.
This would benefit those with a monthly salary of less than Rs 15,000, who have never been a member of EPFO, or who have lost their job between March 1 and September 30.
Employees who join a registered EPFO institute will be eligible for this scheme’s benefits.
Their company will receive benefits, and those with more than 50 employees will be required to hire five new employees.
A company with fewer than 50 employees will be required to hire two new employees under the scheme.
People whose monthly salary is less than Rs 15,000 and who are registered with EPFO will benefit from this scheme.
Employees working in organizations with more than 1,000 employees will see a government contribution of 12% of their share of the EPFO.
The government will give both employees and employers in organizations with fewer than 1,000 employees a 24 percent stake in EPFO for two years under this Yojana.

Eligibility Criteria

Employers and employees must fulfill the eligibility criteria put forward by the Government of India. The eligibility criteria for Atmanirbhar Bharat Rozgar Yojana 2022 are as follows:

Establishment Eligibility Criteria:

This scheme will benefit all establishments that are registered with EPFO and plan to recruit new workers
Organizations that have a reference base of 50 employees or less and have hired at least two new employees will be eligible to participate in this scheme.
If the organization has a reference base of 50 or more employees, it will be eligible to participate in this scheme if at least 5 new employees are hired.

Employees’ eligibility for the Self-Reliant India Employment Scheme

This scheme is only available to new employees hired between October 1, 2020, and June 30, 2021.

The advantage will be paid for the salary month wherein the employee is employed in any of the eligible organizations under this scheme.
Every new employee is required to have an Aadhaar-seeded Universal Account Number.
If an employee’s monthly income exceeds 14999 rupees at any point in time, he or she will be ineligible.

Required Documents

While filling up the application form for Atmanirbhar Bharat Rozgar Yojana 2022, some important documents will be needed by the applicants, make sure to keep them handy. The documents required for Atmanirbhar Bharat Rozgar Yojana 2022 are as follows:

Aadhar Card
Employee registered under EPFO
Employee salary up to ₹ 15000 per month

Steps to Apply for Atmanirbhar Bharat Rozgar Yojana 2022

Employers and Employees, who want to take advantage of Atmanirbhar Bharat Rozgar Yojana 2022, must register under Provident Fund EPFO. Follow the below-given steps to register for the Atmanirbhar Bharat Rozgar Yojana 2022:

For Employers:

First of all, go to the official website of the EPFO

The homepage of the website will open on the screen.
Click on the Services tab followed by the Employers option

A new page will open on the screen
Now, under the services tab, click on the Online Registration of Establishment link

The login page will open on the screen
Click on the Sign-up option

The registration form will open on the screen
Now fill in the form with all the required details like Name, Email id, and Mobile Number
After that enter the captcha code and click on the Submit button to complete the registration process

For Employee:

First of all, go to the official website of the EPFO

The homepage of the website will open on the screen.
Click on the Services tab followed by the Employees option

A new page will open on the screen
Click on the Employee Registration option
After that, click on the Register Here link
The registration form will open on the screen
Now fill in the form with all the required details like Name, Email id, and Mobile Number
After that enter the captcha code and click on the Submit button to complete the registration process