Q. Consider the following statements regarding “Aatmanirbhar Bharat Rojgar Yojana (ABRY)”:
1.It was launched in October 2020.
2.Its aim is to increase the employment generation in post Covid-19 recovery phase.
Which of the statements given above is/are correct?
Explanation: The swift rebound of formal sector payroll addition can be attributed to the Aatmanirbhar Bharat Rojgar Yojana (ABRY), launched in October 2020 to boost the economy, increase the employment generation in post Covid-19 recovery phase, and to incentivise creation of new employment along with social security benefits and restoration of employment lost during the pandemic.
Source: Economic Survey