Aatmanirbhar Bharat Rojgar Yojana (ABRY)

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21-Jul-2022: Beneficiaries under Aatmanirbhar Bharat Rojgar Yojna

The Aatmanirbhar Bharat Rojgar Yojana (ABRY) has been launched with effect from 1st October, 2020 to incentivize employers for creation of new employment and restoration of loss of employment during Covid-19 pandemic. The salient features of the scheme are summarized below:

  • An employee drawing monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organization (EPFO) before 1st October, 2020 is eligible for the benefit. The employees who lost their job during Covid-19 pandemic and did not join in any EPF covered establishment upto 30.09.2020 are also eligible for the benefit.
  • Government of India for a period of two years, is crediting both the employee’ share (12% of wages) and employer’s share (12% of wages) of contribution payable or only the employee’s share, depending on employment strength of the EPFO registered establishments.
  • The scheme commenced from 1st October 2020 and registration was open for eligible employers and new employees upto 31st March, 2022.

The scheme was intended to benefit a total of 71.80 lakh members. Total registration under the scheme is 75.11 lakh. As on 13.07.2022, benefits have been provided to 59.54 lakh beneficiaries through 1.50 lakh establishments in the country.

To increase the coverage of the scheme, the last date of registration was increased for nine months i.e. 30.06.2021 to 31.03.2022.

7-Apr-2022: Atmanirbhar Bharat Rojgar Yojana

Aatmanirbhar Bharat Rojgar Yojana (ABRY) has been launched with effect from 1st October, 2020 as part of Atmanirbhar Bharat package 3.0 to incentivize employers for creation of new employment along with social security benefits and restoration of loss of employment during Covid-19 pandemic. Under the scheme, Government of India for a period of two years is crediting both the employee’s share (12% of wages) and employer’s share (12% of wages) of contribution payable or only the employee’s share, depending on employment strength of the Employees’ Provident Fund Organisation (EPFO) registered establishments. This scheme intends to reduce the financial burden of the employers and encourages them to hire more workers. The terminal date for registration of beneficiaries was extended from 30.06.2021 to 31.03.2022.

 As on 30.03.2022, a total of 54.75 lakh employees have benefitted under the scheme. This includes 48.76 lakh new-joiners and 5.98 lakh employees who had lost their jobs during the pandemic and have rejoined as EPF members.

Employment generation coupled with improving employability is the priority of the Government. Government is providing fiscal stimulus of more than Rs. Twenty Seven lakh crore as part of the Aatmanirbhar financial Package. Aatmanirbhar Bharat package comprises of various long term schemes/ programmes/ policies for making the country self-reliant and to create employment opportunities.

Further, to enhance employment/ entrepreneurship opportunities, including informal sector workers, Government is providing loans through various schemes like Prime Minister Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) to provide working capital loan to Street Vendors, vending in urban areas, to resume their businesses, Pradhan Mantri Mudra Yojana (PMMY) under which collateral free loans upto Rs. 10 lakh are extended to micro/small business enterprises and to individuals to enable them to setup or expand their business activities, etc. 

Besides these initiatives, various flagship programmes of the Government such as Make in India, Start-up India, Standup India, Digital India, Smart City Mission, Atal Mission for Rejuvenation and Urban Transformation, Housing for All, Infrastructure Development and Industrial Corridors are also oriented towards generating employment opportunities.

30-Jun-2021: Cabinet approves extension of last date of Registration under Aatmanirbhar Bharat Rojgar Yojana (ABRY) from 30th June 2021 to 31st March 2022

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has given its approval for extending the terminal date for registration of beneficiaries for availing the benefit under Aatmanirbhar Bharat Rojgar Yojana (ABRY) for another nine months i.e. from 30th June, 2021 to 31st March, 2022. Consequent upon this extension, it is expected that 71.8 lakh employment will be generated in the formal sector as against the earlier projection of 58.5 lakh. As on 18.06.2021, benefit amounting to Rs.902 crore has been given to 21.42 Lakh beneficiaries through 79,577 establishments under ABRY.

Estimated expenditure of the scheme including the expenditure for the proposed extended period of registration upto 31.03.2020 will be Rs.22,098 crore.

This scheme is being implemented through Employees Provident Fund Organization (EPFO) to reduce financial burden of the employers of various sectors/industries and to encourage them to hire more workers.

Under ABRY, establishments registered with EPFO and their new employees drawing monthly wage of less than Rs. 15,000/- are being benefited if the establishment recruits new employees or those who lost their job between 01.03.2020 to 30.09.2020.

Under ABRY, Government of India is crediting for a period of two years both the employees' and employers share' (24% of wages) or only the employees' share (12% of wages), depending on the strength of EPFO registered establishments. Detailed scheme guidelines can be seen on the website of Ministry of Labour & Employment and EPFO.

ABRY was announced as one of the measures under Aatmanirbhar Bharat 3.0 package to boost the economy and increase employment generation in formal sector during post Covid recovery phase. This scheme will minimize the impact of COVID-19 pandemic on the country's economy and will ameliorate the hardship faced by low paid workers, provide incentive to employers for restarting and expanding business activities.

15-Mar-2021: Contributions of Employee and Employer

Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been launched to incentivize employers for creation of new employment along with social security benefits and restoration of loss of employment during COVID-19 pandemic. Under the scheme;

  • An employee drawing monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organization (EPFO) before 1st October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1st October 2020 is eligible for the benefit.
  • Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than Rs. 15000/- who made exit from employment during Covid pandemic from 01.03.2020 to 30.09.2020 and did not join employment in any EPF covered establishment up to 30.09.2020 is also eligible to avail benefit.

This scheme being implemented through the Employees’ Provident Fund Organisation (EPFO), reduces the financial burden of the employers and will encourage them to hire more workers. Under ABRY, Government of India is crediting for a period of two years,    both the employees’ share (12% of wages) and employers’ share (12% of wages) of contribution payable or only the employees’ share, depending on employment strength of the EPFO registered establishments. The scheme has commenced from 1st October 2020 and shall remain open for registration of eligible employers and new employees upto 30th June 2021. Government will pay the subsidy for two years from the date of registration.

8-Feb-2021: Atmanirbhar Bharat Rojgar Yojana

Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been launched to incentivize employers for creation of new employment along with social security benefits and restoration of loss of employment during COVID-19 pandemic. Under the scheme;

  • An employee drawing monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organization (EPFO) before 1st October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1st October 2020 is eligible for the benefit.
  • Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than Rs. 15000/- who made exit from employment during Covid pandemic from 01.03.2020 to 30.09.2020 and did not join employment in any EPF covered establishment up to 30.09.2020 is also eligible to avail benefit.

This scheme being implemented through the Employees’ Provident Fund Organisation (EPFO), reduces the financial burden of the employers of various sectors/industries including MSME and will encourages them to hire more workers. Under ABRY, the Government of India is bearing both the employees’ share (12% of wages) and employers’ share (12% of wages) of contribution payable or only the employees’ share, depending on employment strength of the EPFO registered establishments. The scheme has commenced from 1st October 2020 and shall remain open for registration of eligible employers and new employees upto 30th June 2021. Government will pay the subsidy for two years from the date of registration.

The outlay approved by the Government for the total period of scheme implementation i.e. from 2020 to 2023 is Rs. 22810 Crore.

9-Dec-2020: Cabinet approves Aatmanirbhar Bharat Rojgar Yojana (ABRY)

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for Aatmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Aatmanirbhar Bharat Package 3.0.

Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial year and Rs.22,810 crore for the entire Scheme period i.e. 2020-2023.

The salient features of the Scheme are as under:

  1. Government of India will provide subsidy for two years in respect of new employees engaged on or after 1st October, 2020 and upto 30th June, 2021
  2. Government of India will pay both 12% employees' contribution and 12% employers' contribution i.e.  24% of wages towards EPF in respect of new employees in establishments employing upto 1000 employees for two years,
  3. Government of India will pay only employees' share of EPF contribution i.e. 12% of wages in respect of new employees in establishments employing more than 1000 employee for two years.
  4. An employee drawing monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organisation (EPFO) before 1st October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1stOctober 2020 will be eligible for the benefit,
  5. Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than Rs. 15000/- who made exit from employment during Covid pandemic from 01.03.2020 to 30.09.2020 and did not join employment in any EPF covered establishment up to 30.09.2020 will also be eligible to avail benefit,
  6. EPFO will credit the contribution in Aadhaar seeded account of members in electronic manner,
  7. EPFO shall develop a software for the scheme and also develop a procedure which is transparent and accountable at their end.
  8. EPFO shall work out modality to ensure that there is no overlapping of benefits provided under ABRY with any other scheme implemented by EPFO.