EPFO Instructions for Implementation of Pradhan Mantri Rojgar Protsahan Yojna (PMRPY), along with FAQs, User Manual and SOPs
EPFO has activated the PMRPY portal for registration of employers and members for the implementation of the PMRPY Scheme, a scheme designed by the Government of India to incentivise employment generation. Further, the EPFO has issued requisite Instructions, Frequently Asked Questions (FAQs), User Manual and Standard Operating Procedures (SOPs) for convenient implementation of the PMRPY Scheme, as under:
What is Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) ?
PMRPY is a new scheme which has been announced in the 2016-17 Budge with objective of promoting employment generation. Allocation of Rs. 1000 crores has been made in Budget 2016-17 for the Scheme, which is to be implemented by the Ministry of Labour and Employment.
PMRPY provides incentive to employers for enhancing employment opportunities by way of reimbursement of the 8.33% contribution to EPS made by the employers in respect of new employments generated.
The PMRPY scheme is targeted for workers earning wages upto Rs. 15,000/- per month, especially for encouraging employment in MSME Sector.