Which state has launched the ldquo Wage Subsidy Scheme rdquo that will provide Wage subsidy for new ...........

Economic and Social Issues industrial and labour policy

Which state has launched the “Wage Subsidy Scheme”, that will provide Wage subsidy for new ventures getting registered on April 1, 2020 for the first 5 years?

Andhra Pradesh

Gujarat

Uttar Pradesh

Kerala

None of these

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Explanation:

Wage subsidy scheme was unveiled by Chief Minister of Kerala Shri Pinarayi Vijayan during the Global Investors Meet – ASCEND 2020.As per the scheme Wage subsidy will be provided for the first 5 years for new ventures getting registered on April 1, 2020. The benefit will only be available to those units that provides ESI (Employee State Insurance) and PF (Provident Fund) benefits to workers. This would benefit 37 lakh people.

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