Incentives to be sent directly to employees in central job scheme
New Delhi, Aug. 19 -- Wage incentives to first-time employees under the PM Viksit Bharat Rozgar Yojana, a central plan to spur jobs, will be credited directly to staffers' accounts and firms deregistered for irregularities under a similar scheme to cushion jobs during the pandemic will not be admitted, two officials said on Monday. Several measures have been devised to scrutinise eligible firms and multiple audits will be carried out to ensure transparency, one of them said.
The employee incentive, a one-off salary top-up of Rs.15,000, will not be routed through firms hiring them and be given as a direct-benefit transfer. First-time recruits can self-initiate membership of the Employees' Provident Fund Organisation or EPFO, the state-backed...
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