kumaracmewhat you said is only a news of the government. it would take years to implement. hence do not expect the government will pay the share. regarding your query on garment industry and new industry all are covered under the act.
From India, New Delhi
saswatabanerjeeIt is a part of the incentive package announced by the government, and applies to jobs in new factories for a 3 year period. The detailed notification is awaited and should happen soon.
meanwhile you can go to the PRO at the nearest EPFO and ask, they will give you the current status and any information that is available on the scheme
From India, Mumbai
Things are getting fast now.
This may happen soon.
Few guidelines are attached for your reference, please do not ignore it and start avail these benefits.
This is applicable to all establishments with new enrollment. There is a special package for textile industry compared to other industries...
From India, Coimbatore
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