With reference to the Pradhan Mantri Viksit Bharat Rozgar Yojana, consider the following statements: 1. It provides a direct cash incentive of up to INR 15,000 to first-time employees registered with the Employees Provident Fund Organisation (EPFO). 2. Employers in the manufacturing sector receive wage-based incentives for creating new jobs for a maximum of two years. Which of the statements given above is/are correct?

Question

Accepted Answer

A. 1 only — Statement 1 is correct as the scheme provides up to INR 15,000 to first-time EPFO-registered employees. Statement 2 is incorrect because while general sector employers receive the incentive for two years, manufacturing sector employers receive extended benefits for four years.

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