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3.29 million jobs created in 10 months under Aatmanirbhar Bharat Rojgar Yojana: EPFO data

3.29 million jobs created in 10 months under Aatmanirbhar Bharat Rojgar Yojana: EPFO data

Source | economictimes.indiatimes.com | Yogima Seth Sharma

A key scheme rolled out during the pandemic to generate jobs is far from reaching the modest target set up by the government.

Data shared by the Employees’ Provident Fund Organisation with its board members, seen by ET, showed that total jobs created till September 2021 under the Aatmanirbhar Bharat Rojgar Yojana (ABRY) stood at 3.29 million, a year after the scheme was launched.

The government had set a target of creating 5.85 million formal jobs by March 31, 2022 when the scheme will close

This implies a deficit of 2.56 million formal jobs needs to be filled in the next six months. Of the total number of jobs created, 2.88 million are new employees while 0.41 million are re-employed beneficiaries. Even funds disbursed under the scheme till September 2021 stood at Rs 1,845 crore, a meagre 8% of Rs 22,810 crore targeted to be spent till March 31, 2024.

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Source
economictimes.indiatimes.com
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