Cabinet approves ₹22,810 crore outlay for Atmanirbhar Bharat Rozgar Yojana | Latest News India - Hindustan Times
close_game
close_game

Cabinet approves 22,810 crore outlay for Atmanirbhar Bharat Rozgar Yojana

New Delhi | ByPress Trust of India
Dec 09, 2020 04:35 PM IST

The Union Cabinet on Wednesday approved ₹22,810 crore outlay for a new employment scheme that aims at encouraging businesses to do fresh hiring. Under the Atmanirbhar Bharat Rojgar Yojana, the government for two years will provide employee and employer contribution to the retirement fund for new hires by businesses and entities, Labour Minister Santosh Gangwar said.

The Union Cabinet on Wednesday approved 22,810 crore outlay for a new employment scheme that aims at encouraging businesses to do fresh hiring.

Under the Atmanirbhar Bharat Rojgar Yojana, the government for two years will provide employee and employer contribution to the retirement fund for new hires by businesses and entities, Labour Minister Santosh Gangwar said.(File photo)
Under the Atmanirbhar Bharat Rojgar Yojana, the government for two years will provide employee and employer contribution to the retirement fund for new hires by businesses and entities, Labour Minister Santosh Gangwar said.(File photo)

Under the Atmanirbhar Bharat Rojgar Yojana, the government for two years will provide employee and employer contribution to the retirement fund for new hires by businesses and entities, Labour Minister Santosh Gangwar said.

Hindustan Times - your fastest source for breaking news! Read now.

The scheme would till 2023 entail an outgo of 22,810 crore and would benefit around 58.5 lakh employees.

Unveiling Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!

Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On