Sunday, August 17, 2025

Govt to allocate Rs 10,000 cr more for PM Garib Kalyan Rozgar Yojana

- Advertisement -

Govt to allocate Rs 10,000 cr more for PM Garib Kalyan Rozgar Yojana

The Centre will allocate an additional amount of Rs 10,000 crore for the Prime Minister Garib Kalyan Rozgar Yojana in a bid to boost rural employment amid the pandemic,

The scheme, which includes various employment generating schemes including the MGNREGs, PMGSY among others, is in progress in 116 districts and Rs 37,543 crore has been spent till date as per government data.

The Centre had provided Rs 61,500 crore for MGNREGS in the budget for 2020-21. An amount of Rs 40,000 crore was additionally provided in ‘Atmanirbhar Bharat 1.0’.

As on date, Rs 73,504 crore has been released under the MGNREGS and 251 crore person-days of employment have been generated as per the Finance Ministry.

Announcing another major scheme for creating new employment in the formal sector, Sitharaman said the government would come up with ‘Atmanirbhar Bharat Rozgar Yojana’ to incentivise creation of new employment opportunities during the Covid-recovery phase.

The employment scheme, effective from October 1, will be applicable to eligible new employees joining the EPFO-registered establishments and for those who exited these concerns during the Covid pandemic (March 1-September 30, 2020) and were drawing monthly wages of less than Rs 15,000.

Subscribe to our Daily Newsletter!

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Talent Management in the Era of Industry 4.0

My first tryst with Industry 4.0 was when one...

Great time to invest in India: PM Modi tells IBM CEO

Great time to invest in India: PM Modi tells...

How to Re-Engage the Disengaged Employees

Employee disengagement is catastrophic for business, and its severity...

Mark Zuckerberg’s email to employees on Apple Vision Pro

The Verge reported that Mark Zuckerberg in a meeting...

What is Agile HRBP and ways to Agile HR Transformation

In a world where business is increasingly becoming Agile...

TCS Appoints Sudeep Kunnumal as Chief Human Resource Officer

Tata Consultancy Services (TCS), India’s largest IT services firm,...

Infogain Hiring in India: Jobs in Tech and Non-Tech Departments

Infogain, a leading global IT services company, is expanding...

Building Accountability Through Transparent PMS Practices

Accountability has become a hot topic of discussion in...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/