With reference to the AatmaNirbhar Bharat Rozgar Yojana consider the following statements It aims to...........

Economic and Social Issues Poverty and employment

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With reference to the AatmaNirbhar Bharat Rozgar Yojana, consider the following statements

It aims to incentivize job creation during COVID-19 recovery.
It will benefit any new employee joining employment in EPFO registered establishments on monthly wages less than Rs.15,000.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

Recently, Union Minister for Finance & Corporate Affairs has announced 12 key measures, as part of Government of India’s stimulus to the economy, under AatmaNirbhar Bharat 3.0.
AatmaNirbhar Bharat Rozgar Yojana

A new scheme to incentivize job creation during COVID-19 recovery has been launched. If EPFO-registered establishments take in new employees without EPFO registration or those who lost jobs earlier, the Yojana will benefit these employees.
Beneficiaries / New Employees under the scheme would be:
any new employee joining employment in EPFO registered establishments on monthly wages less than Rs.15,000
EPF members drawing monthly wage of less than Rs.15,000 who made exit from employment during COVID Pandemic from 01.03.2020 to 30.09.2020 and is employed on or after 01.10.2020.

Hence both statements are correct.