In which year was the 'Aatmanirbhar Bharat Rojgar Yojana' launched by the Government of India?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 2020.
The 'Aatmanirbhar Bharat Rojgar Yojana' (ABRY) was launched by the Government of India on October 1, 2020. It aimed to incentivize employment generation in the formal sector during the economic recovery from the COVID-19 pandemic. Under this scheme, the government provided financial support for employers and employees by contributing to the provident fund for new hires and re-hires. It focused on promoting self-reliance, boosting job creation, and ensuring social security benefits for workers, thereby fostering economic growth and recovery.