“The scheme was intended to benefit a total of 71.80 lakh members and the total registration under the scheme till the last date of registration is 75.11 lakh,” he said.
As on December 11, 2023, an amount of Rs 10,050.26 crore has been disbursed to 60.49 lakh beneficiaries through 1.52 lakh establishments, he added.
The highest registration under the scheme was in Maharashtra at 1.22 million followed by Tamil Nadu (1.01 million), 0.81 million in Gujarat, 0.61 million in Karnataka and 0.54 million in Haryana.
ABRY was launched at the time of Covid with effect from October 1, 2020 to incentivize employers for creation of new employment and restoration of loss of employment during Covid-19 pandemic. The terminal date for registration of beneficiaries was 31.03.2022. The scheme was launched as part of Atmanirbhar Bharat package 3.0.
Under the scheme, the beneficiaries registered up to March 31, 2022 will continue to receive the benefits for two years from the date of registration under the scheme. The scheme is being implemented through the Employees’ Provident Fund Organisation (EPFO). Under ABRY, the government contributes both the employees’ share (12% of wages) and employers’ share (12% of wages) or 24% of contribution payable for employees in organizations with up to 1000 employees or only the employees’ share of 12% in case the total number of employees are more than 1000.
The total outlay approved by the government under the scheme stood at Rs 22,810 crore.
