Industry And Cluster | News & Insights

PM Paridhan Rozgar Protsahan Yojana

Published: July 20, 2019
Author: TEXTILE VALUE CHAIN

Pradhan MantriParidhanRozgarProtsahanYojana(PMPRPY)was a labour reform initiative under which Government wasbearing the entire 12% of the employers’ contribution to the Employees Provident Fund Scheme for new employees of garment and made-ups sectors for the first three years of their employment. Earlier, 8.33% of employer’s contribution was being provided by Government under Pradhan MantriRozgarProtsahanYojana(PMRPY) and additional 3.67% of employers’ contribution was made available under PMPRPY to garment and made-ups segments to new workers with wage up to Rs. 15,000/-  per month.

With effect from 1.4.2018, Government has started paying full employer’s share i.e. 12% (EPS+EPF) for employees in all sectors (including textiles) for three years to new employees and to existing beneficiaries for their remaining period of three years under PMRPY. A total of 1,21,39,554 members have been identified under upfront and reimbursement till 16.07.2019 under PMRPY.

This information was given by the Union Minister of Textiles, SmritiZubinIrani, in a written reply in the Lok Sabha today.

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