Empowering Indias Workforce A Complete Guide To Atmanirbhar Bharat Rozgar Yojana

Empowering India’s Workforce: A Complete Guide To Atmanirbhar Bharat Rozgar Yojana

India has always believed in self-reliance, and this vision became even stronger with the launch of the Atmanirbhar Bharat Rozgar Yojana. This powerful employment scheme was introduced by the Government of India to boost formal job creation and support employers and workers affected by the COVID-19 pandemic.

If you are an employer or a job seeker looking to benefit from this scheme, or simply want to understand how the Atmanirbhar Bharat Rozgar Yojana works, this blog by DRIIV will guide you through every important detail. We’ll also cover how to complete the atmanirbhar bharat rozgar yojana registration, how to do atmanirbhar bharat rozgar yojana registration online, and more.

What is Atmanirbhar Bharat Rozgar Yojana?

The Atmanirbhar Bharat Rozgar Yojana scheme was launched by the Ministry of Labour and Employment in December 2020. Its main objective is to incentivize employers for creating new employment opportunities and restoring jobs that were lost during the COVID-19 lockdown.

Under this scheme, the government contributes to the Employees’ Provident Fund (EPF) accounts of both employers and employees for a specific period. This reduces the financial burden on employers and encourages them to hire more workers.

Key Highlights of Atmanirbhar Bharat Rozgar Yojana Scheme

Launch Date: December 1, 2020

Ministry Involved: Ministry of Labour and Employment

Implemented Through: EPFO (Employees’ Provident Fund Organisation)

Primary Goal: Promote formal employment and reduce the financial stress on businesses due to the pandemic.

Who Can Benefit from Atmanirbhar Bharat Rozgar Yojana?

For Employers

Any establishment registered with EPFO can avail of the benefits.

Employers who hire new employees after October 1, 2020, and register them under EPFO.

For Employees

New employees with a monthly wage of less than ₹15,000 who join EPF-covered establishments.

Workers who lost jobs between March 1 and September 30, 2020, and were not employed in EPF-covered businesses during that time.

How Does the Scheme Work?

Under the Atmanirbhar Bharat Rozgar Yojana scheme, the government pays:

12% contribution from the employee’s side, and

12% contribution from the employer’s side

to the EPF account of eligible employees for up to 2 years.

This support is available for companies hiring new employees or re-hiring those who lost their jobs during the pandemic period.

How to Do Atmanirbhar Bharat Rozgar Yojana Registration Online?

The process of atmanirbhar bharat rozgar yojana registration online is easy and completely digital through the EPFO Unified Portal.

Steps for Atmanirbhar Bharat Rozgar Yojana Registration:

Visit the EPFO Unified Portal: Go to https://unifiedportal-emp.epfindia.gov.in/

Log in as Employer: Use your establishment’s login credentials.

Go to “Atmanirbhar Bharat Rozgar Yojana” Tab: A special section is dedicated to the scheme.

Fill in Required Details: Enter details about the new employees hired after Oct 1, 2020.

Submit KYC and Documents: Upload Aadhar, bank details, and other required KYC documents.

Verification and Approval: Once verified, the government starts contributing to the EPF accounts.

This is how atmanirbhar bharat rozgar yojana registration online helps employers onboard easily and get the benefits.

Eligibility Criteria for Atmanirbhar Bharat Rozgar Yojana Registration

For Employers

Should be registered with EPFO.

Should have valid LIN (Labour Identification Number).

Must have added a certain number of new employees:

Minimum 2 employees for businesses with less than 50 workers.

Minimum 5 employees for businesses with 50 or more workers.

For Employees

Monthly wages should be below ₹15,000.

Should have a UAN (Universal Account Number) and Aadhaar-seeded EPF account.

Must not have been employed in any EPF-registered establishment before October 1, 2020.

Documents Required for Registration

PAN Card of the establishment

Aadhaar Card of new employees

Bank account details

EPFO registration details

Digital signature of the employer

Benefits of Atmanirbhar Bharat Rozgar Yojana

Encourages job creation in the formal sector.

Reduces cost of hiring for businesses.

Promotes economic revival after COVID-19.

Helps in social security coverage through EPFO.

Easy and paperless registration process.

Impact of Atmanirbhar Bharat Rozgar Yojana So Far

The Atmanirbhar Bharat Rozgar Yojana scheme has helped lakhs of people return to work after the pandemic. Over 75 lakh new EPF subscribers have been added through this initiative. This has not only boosted employment but also provided workers with long-term social security benefits.

Challenges and Suggestions

While the scheme is a step in the right direction, there are some challenges:

Many small businesses are unaware of the scheme.

Some employers find the registration process slightly technical.

Awareness among workers is still low.

Suggestions:

More digital outreach and awareness campaigns.

Help centers for assisting MSMEs with the atmanirbhar bharat rozgar yojana registration process.

Simplification of technical steps.

FAQs on Atmanirbhar Bharat Rozgar Yojana

1. What is the main objective of Atmanirbhar Bharat Rozgar Yojana?

The main goal is to promote formal employment and support employers and employees affected by the COVID-19 crisis through EPF contribution support.

2. Who is eligible for Atmanirbhar Bharat Rozgar Yojana registration?

EPFO-registered employers and new employees earning less than ₹15,000 per month are eligible.

3. How to complete atmanirbhar bharat rozgar yojana registration online?

Visit the EPFO unified portal, log in as an employer, and register new eligible employees under the scheme using the online form.

4. Is there any last date for registration under the scheme?

The original deadline was extended to March 31, 2022, but you should check the latest updates on the EPFO website or government notifications.

5. What is the difference between Atmanirbhar Bharat Rozgar Yojana and other employment schemes?

Unlike other schemes, this one specifically offers direct financial contribution to EPF accounts of new hires, benefiting both employers and employees.

6. Can an employee apply for this scheme?

No, only employers can register eligible employees under the scheme through EPFO.

7. What does “formal employment” mean under this scheme?

Formal employment refers to jobs where workers are registered with EPFO and receive social security benefits like PF, pension, and insurance.

Conclusion

The Atmanirbhar Bharat Rozgar Yojana is a powerful initiative that aligns with India’s vision of a self-reliant economy. By providing financial support for employment generation, it encourages employers to hire more people and helps workers access secure jobs.

If you’re an employer, don’t miss the opportunity to reduce hiring costs through atmanirbhar bharat rozgar yojana registration. Make sure you complete the atmanirbhar bharat rozgar yojana registration online to enjoy all the benefits of this transformative scheme.

For more updates on government initiatives and sustainable development in India, stay tuned to DRIIV – your partner in building a better future.

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