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With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:
1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.
2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021
1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.
2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the ...
The Economic Survey says that ABRY, a component of Aatmanirbhar Bharat package announced in November, 2020 has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.
The scheme proposes to pay:
- Entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021 and also to re-employ who lost their jobs due to COVID-19.
- Only employees' share of EPF contribution (i.e. 12 per cent) of wages in respect of new employees in establishments employing more than 1000 employee during the period from October 2020 to June 2021, and also to re-employee who lost their jobs due to COVID-19.
Other measures
- To provide relief to the organized sector employees, a notification issued on 28th March, 2020 by the Government provisioning non-refundable advance of 75 per cent of outstanding balance or 3 months’ wages whichever is lower, allowed to the members of EPFO.
- Under Prime Minister’s Garib Kalyan Package (PMGKP) financial assistance was given to building & other construction workers (BOCW) which largely included migrant workers from the funds collected under BOCW’s cess.
Most Upvoted Answer
With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the ...
Salary of eligible new employees for a period of two years.3. The scheme aims to incentivize employers to hire more employees by providing a subsidy on their provident fund contributions.4. The scheme is applicable to all establishments registered with the Employees' Provident Fund Organization (EPFO) and employing new employees.Which of the statements given above is/are correct?
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With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Aatmanirbhar Bharat Rojgar Yojana, consider the following statements:1. It has total estimated outlay of Rs 22,810 crore for the scheme period i.e., up to wage month 31st May, 2023.2. The scheme proposes to pay entire employees’ and employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1000 employees during the period from October, 2020 to June, 2021Which of the statements given above is/are correct?a)1 only b)2 only c)Both 1 and 2 d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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