Assam I-SELY Scheme 2020: Govt of Assam based in 2020-2021 announced Incentive Scheme for Employment of Local Youth (I-SELY) to promote employers to hire local youths as first right on employments.
Under the I-SELY scheme, an incentive of ₹ 10,000 per local youth employed on the job will be disbursed by the Assam government. The aim is to make sure that the local youth have the first right on employments generated by any company.
I-SELY Scheme, Assam Details
The scheme is to encourage industrial units to employ local youths in their units as their first right. Incentive Scheme for Employment of Local Youth has announced in Assam Budget by CM Sarbananda Sonwal.
|Year||2020 – 2021|
|Benefits||Local Youth have first right on employment,|
₹ 10,000 for each employed
Eligiblity of the scheme
To be eligible for this scheme, some important criteria to be followed.
- Employed Local Youth on or after 01-04-2019.
- Registered unit with UAM/ EM Part-II/ IEM-B.
- EPF/ESI registration.
- Contractual employees not eligible.
- Employee need to be a Local Youth of that company.
Check out Assam Silpi Sambardhana Scheme
Benefits of the I-SELY scheme
There are two types of benefits received under the I-SELY scheme. One is for the enterprise and another is for citizens. Let’s check the benefits below-
Benefits for the Enterprises-
- Incentive of ₹ 10,000 per local youth employed on jobs.
Benefits for the Citizens-
- More local employment generation.
- Have first right on local employment.
Check out PM SVANidhi Yojana 2020-2021
An application will be invited from eligible industrial units through newspaper advertisements for submission of the application to the concerned DI & CCs.To know more, you can check out the official notification of Assam I-SELY scheme 2020 here.
Under this, the enterprise will receive direct payments through bank transfer of ₹ 10,000 per employed. State govt will provide 100% of the funding for this scheme.
#IncentiveScheme for the Employment of Local Youth – We will give incentive to employers to tune of Rs. 10,000 per local youth employed on Job. Meaning of this scheme is you employ one local youth in your organization & get an incentive of Rs. 10,000 from the State Government.Tweeted by Dr Himanta Biswa Sarma
Source – Twitter