Ministry of Textiles
PM Paridhan Rozgar Protsahan Yojana
Posted On: 19 JUL 2019 by PIB Delhi
Pradhan Mantri Paridhan Rozgar Protsahan Yojana(PMPRPY)was a labour reform initiative under which Government was bearing the entire 12% of the employers’ contribution to the Employees Provident Fund Scheme for new employees of garment and made-ups sectors for the first three years of their employment. Earlier, 8.33% of employer’s contribution was being provided by Government under Pradhan Mantri Rozgar Protsahan Yojana(PMRPY) and additional 3.67% of employers’ contribution was made available under PMPRPY to garment and made-ups segments to new workers with wage up to Rs. 15,000/- per month.
With effect from 1.4.2018, Government has started paying full employer’s share i.e. 12% (EPS+EPF) for employees in all sectors (including textiles) for three years to new employees and to existing beneficiaries for their remaining period of three years under PMRPY. A total of 1,21,39,554 members have been identified under upfront and reimbursement till 16.07.2019 under PMRPY.
This information was given by the Union Minister of Textiles, SmritiZubinIrani, in a written reply in the Lok Sabha today.
Source : PIB