Aatm Nirbhar Bharat Abhiyan: An amount of Rs 22,810 crore is to be distributed by 31 March 2024.
ABRY is the flagship scheme of the government launched in November 2020. It was initially announced from October 1, 2020 to June 30, 2021
Aatm Nirbhar Bharat Abhiyan: The benefits of the Self-Reliant India Employment Scheme (ABRY), a major scheme launched by the Modi government during the first wave of the corona pandemic, are now visible. During the last 10 months, 3.29 million jobs have been created under this scheme launched to provide jobs to the unemployed who lost their jobs due to the pandemic. This has been revealed from the new data shared by the Employees’ Provident Fund Organization (EPFO).
This scheme will be closed after the government’s target is achieved
According to the news of Economic Times, the government has set a target of creating 5.85 million jobs by March 31, 2022, after which this scheme will be closed. This means that 2.56 million formal jobs need to be filled in the next six months. Out of the total jobs created, 2.88 million are new employees while 0.41 million are re-employed. An amount of Rs 1,845 crore has been disbursed under this scheme till September 2021, while an amount of Rs 22,810 crore is to be disbursed till 31 March 2024. If seen, only about 8% of this total amount has been distributed.
ABRY scheme was started in November 2020
ABRY is the flagship scheme of the government launched in November 2020. It was initially announced from October 1, 2020 to June 30, 2021. However, after the second wave, this scheme has been extended till March 31, 2022. This scheme is applicable for employees earning less than Rs 15,000 per month. Even those employees who lost their jobs during the pandemic period between March 1, 2020 and September 30 and later got employed under EPFO registered establishments after October 1, 2020.
They are eligible for benefits under the scheme subject to the salary ceiling. Data from the Center for Monitoring Indian Economy showed that there were 406.2 million employees in India as of September 2021, which is 2.7 million less than the total workforce in 2019-20.
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