Question : The Pradhan Mantri Rojgar Protsahan Yojana provides incentives to employers for:
Option 1: Promoting skill development programs
Option 2: Creating job opportunities for unemployed youth
Option 3: Encouraging research and development activities
Option 4: Promoting export-oriented businesses
Correct Answer:
Creating job opportunities for unemployed youth
Solution : The correct answer is (b) Creating job opportunities for unemployed youth.
The Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) is a scheme launched by the Government of India to incentivize employers for generating new employment opportunities. The objective of PMRPY is to encourage employers to hire more employees, especially unemployed youth, by providing financial incentives. Under the PMRPY scheme, the government pays the employer's contribution to the Employees' Provident Fund (EPF) and the Employee's Pension Scheme (EPS) for a specific period. This reduces the financial burden on employers and makes it more attractive for them to hire new employees. The scheme aims to boost job creation, reduce unemployment, and provide social security benefits to employees.
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