Question

    Which of the following statements are correct regarding “Pradhan Mantri Rojgar Protsahan Yojana”?

    I.       The Government of India pays the full employer's contribution of 12% for the new employment generated with a salary up to Rs. 21,000 per month.

    II.   PMRPY is being implemented by the Ministry of Labour and Employment through the Employees’ Provident Fund Organization

    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C Both Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    The Government of India pays the full employer's contribution of 12% (towards the Employees’ Provident Fund and Employees’ Pension Scheme), for the new employment generated with a salary up to Rs. 15,000 per month.

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