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Prime Minister Garib Kalyan Rojgar Yojana: Govt to allocate Rs 10,000 crore more to boost rural employment

Prime Minister Garib Kalyan Rojgar Yojana: Govt to allocate Rs 10,000 crore more to boost rural employment
Image Source : PTI Union Finance Minister Nirmala Sitharaman addresses a press convention, at BJP HQ in New Delhi.

Union Finance Minister Nirmala Sitharaman on Thursday introduced that the Centre will allocate a further quantity of Rs 10,000 crore for the Prime Minister Garib Kalyan Rojgar Yojana in a bid to boost rural employment amid the pandemic. Sitharaman additionally rolled out Atmanirbhar Bharat 3.0 stimulus package deal to boost financial system. The minister introduced advantages for brand new staff employed in EPFO-registered institutions efficient October 1, 2020, onward. 

 Govt to allocate Rs 10,000 crore more for PM Garib Kalyan Rojgar Yojana | All we all know

  • The scheme, which incorporates varied employment producing schemes together with the MGNREGs, PMGSY amongst others, is in progress in 116 districts and Rs 37,543 crore has been spent until date as per authorities information.
  • The Centre had supplied Rs 61,500 crore for MGNREGS within the finances for 2020-21. An quantity of Rs 40,000 crore was moreover supplied in ‘Atmanirbhar Bharat 1.0’.
  • As on date, Rs 73,504 crore has been launched beneath the MGNREGS and 251 crore person-days of employment have been generated as per the Finance Ministry.

ALSO READSitharaman unveils Atmanirbhar 3.0; tax relief for real estate, jobs creation scheme

  • Announcing one other main scheme for creating new employment within the formal sector, Sitharaman mentioned the federal government would give you ‘Atmanirbhar Bharat Rojgar Yojana’ to incentivise creation of recent employment alternatives through the Covid-recovery section.
  • The employment scheme, efficient from October 1, will probably be relevant to eligible new staff becoming a member of the EPFO-registered institutions and for individuals who exited these considerations through the Covid pandemic (March 1-September 30, 2020) and have been drawing month-to-month wages of lower than Rs 15,000.

(With inputs from IANS)

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