ECONOMIC SURVEY 2020-21: AATMANIRBHAR BHARAT ROJGAR YOJANA (ABRY)

Jan. 31, 2021

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.

Source : PIB

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