Haryana Cabinet takes decision to give impetus to hire local youth and attract investment

To give an impetus to hire local youth from the state and to further attract , Haryana decided to increase the EMPLOYMENT Generation Subsidy under Haryana Enterprises and Employment Policy (HEEP) 2020 from Rs 36,000 to Rs 48,000 per employee per annum for 10 years in ‘B’ ‘C’ and ‘D’ category blocks. The Cabinet presided over by Chief Minister Manohar Lal Khattar, accorded approval to a proposal regarding the subsidy.

He said that the Cabinet also approved capping the net SGST Reimbursement and Investment Subsidy at 50 percent to enable the maximum net SGST reimbursement by the investors. The Employment Generation Subsidy was suggested to be provided for capacity building of state domicile skilled, semi-skilled and UN-skilled employees having Haryana resident certificate, who are earning not more than Rs 40,000 per month as salary on payroll or contract with valid ESI/PF number. However, after the Cabinet approval, now this subsidy will be fixed at Rs 48,000 per employee per annum for 10 years.