Is My Startup's PF Contribution Covered by the PMRY Scheme? Seeking Guidance on Procedures and Eligibility

My manufacturing company is a startup in Bangalore, and we operate in the engineering industry with 80 employees across two units. We are currently in the process of factory registration, and I anticipate receiving the factory license soon.

Employer Contributions to PF Under PMRY Scheme

My question is whether the payment of employer contributions to the PF will be covered by the central government under the PMRY scheme. If so, what are the procedures to be followed under various acts, and how can I ensure that my industry is included in this scheme? Are there any limitations or obligations? I would appreciate an explanation at your earliest convenience.

Understanding the PMRPY Incentive Scheme

PMRPY is an incentive scheme available for fresh employment where the gross salary is below ₹15,000 per month. To avail of PMRPY, the unit must register at the Shram Suvidha portal, where the LIN is to be linked to EPF and ESIC. Then, the employer has to enroll the eligible members at pmrpy.gov.in and verify it with DSC. KYC is mandatory with Aadhaar. Once completed, the ECR will display the eligible amount, and the challan will be reduced accordingly.

Mandatory Points to Consider

1) KYC, including Aadhaar, must be digitally verified with UAN.
2) The gross salary per month should be below ₹15,000.
3) The employee should have no previous UAN or any provident fund account.

The scheme allows the incentive for 36 months from the date of the first contribution in UAN.

PMRPY scheme applies to new employees with a gross salary less than or equal to 15,000 for a period of 3 years. Employees must be enrolled on or before 31st March 2019.