Pradhan Mantri Rojgar Protsahan Yojana (PMRPY)-New Registration Process 2024

The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a government scheme launched in August 2016 to boost employment in India by encouraging businesses to hire more workers. The scheme aims to reduce the employer’s financial burden by covering the employer’s share of contributions to the Employees’ Pension Scheme (EPS) for new employees earning less than ₹15,000 per month. This initiative brings more people into the organized workforce, providing them with essential social security benefits.

PMRPY helps businesses registered with EPFO (Employees’ Provident Fund Organization) to create more jobs. The government pays 8.33% of the employer’s EPS contribution for new hires, promoting job growth, especially in small and medium enterprises. Through this scheme, employers can ease their hiring costs, and employees benefit from social security protections.

Objectives

• To increase job opportunities in India’s organized sector.
• To support the hiring of new employees, especially those earning less than ₹15,000 monthly.
• To provide social security benefits to new workers.
• To reduce unemployment by supporting small and medium enterprises to expand their workforce.

Full Details Of PMRPY

Eligibility Criteria

For Employers: Must be registered with EPFO and hold a valid Labour Identification Number (LIN).

For Employees:

• New employees with salaries below ₹15,000 monthly.
• Must have a Universal Account Number (UAN) created after April 1, 2016.
• Should not have worked in any EPFO-registered establishment before April 1, 2016.

Benefits

• Employer Incentives: The government pays the full employer contribution (8.33% towards EPS) for new employees for the first three years of their employment.
• Employee Benefits: New employees get access to social security benefits, including EPF and EPS, under the Pradhan Mantri Rojgar Protsahan Yojana.
• Job Creation: The scheme encourages employers to increase their workforce, leading to more job opportunities in the organized sector.

Digital India Mission 2024: Portal Login & Registration

Required Documents

For Employers:

• Labour Identification Number (LIN)
• Organizational PAN
• EPFO registration details
• Bank account details for contribution remittance

For Employees:

• Aadhaar-linked UAN
• Proof of wages under ₹15,000 per month

How to Apply

• Employer Registration: Employers should register their establishment under the EPF Act on the EPFO portal and obtain a LIN.
• Login: Go to the PMRPY portal (pmrpy.gov.in login) and login with EPFO credentials or LIN.
• Enter Details: Complete the required organizational and employee details, including PAN and classification.
• Form Submission: Submit the PMRPY form online by the 10th of each month to claim benefits.
• Employee Enrollment: Enroll new eligible employees under EPFO and generate their UAN.
• Submission: Each month, employers submit details of new hires and contributions online by the 10th to avoid penalties.
• Contribution Payment: Employers pay 3.67% EPF, and the government contributes 8.33% towards EPS for eligible employees.

The PMRPY scheme is a major step by the government to create more job opportunities and enhance social security in India’s organized sector. By leveraging the benefits offered, both employers and employees can benefit under this initiative, contributing to India’s economic growth and workforce security.

FAQs for Pradhan Mantri Rojgar Protsahan Yojana (PMRPY)

1. What is PMRPY?
Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a government scheme that encourages employers to hire new employees by covering their pension contributions.

2. Who is eligible for PMRPY?
Employers registered with EPFO and new employees earning less than ₹15,000 per month with UAN (Universal Account Number) are eligible.

3. How do I apply for PMRPY?
Employers can apply through the official PMRPY portal at pmrpy.gov.in by registering and providing required employee details.

4. What benefits does PMRPY offer to employers?
Under PMRPY, the government pays 8.33% of the EPS (pension) contribution for eligible new employees, reducing costs for employers.

5. Can I register for PMRPY online?
Yes, you can complete the pmrpy registration online on the official PMRPY portal at pmrpy.gov.in.

6. Is there a deadline for PMRPY registration?
PMRPY registration has ongoing availability, but it’s recommended to check pmrpy.gov.in for the latest dates and updates.

7. What documents are required for PMRPY registration?
Employers need EPFO registration, PAN, and bank details. Employees need Aadhaar-linked UAN and proof of wages under ₹15,000.

8. Is PMRPY available in regional languages?
Yes, the pmrpy.gov.in portal can be viewed in Hindi and other languages for better accessibility.