There may be a big announcement for 26 sectors- According to information received from sources, according to the recommendations made by the KV Kamath Committee for 26 sectors, the package can come. Emergency credit may be announced for companies in these sectors. Under the new announcement, these companies will get loans without guarantee.
Sources said that this relief package will be according to the companies. It is not expected to announce a huge amount.
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Employees will get a Diwali gift?
According to information received from sources to Money Control, the Ministry of Labor has finalized the proposal and the government can announce the scheme in the next relief package. Explain that the government is planning to give subsidy for the next two years. However, it may take 6-7 months to start this plan.
Who will get the benefit of the scheme?According to the proposal, to avail this subsidy scheme, the salary of the employee should not exceed Rs 15,000 per month. Those who will get more salary will not get benefit of this scheme.
According to the information received from the sources, an existing company can be asked to make at least two new recruits if there are 50 or less employees. If it has more than 50 employees, at least five new recruits may be required to avail this subsidy.
According to the Pradhan Mantri Rojgar Protsahan Yojana website, a new employee is one who is not working in the registered establishment in EPFO on regular basis before 1 April 2016. If the new employee does not have a new UAN, it will be provided by the employer through the EPFO portal.