{"id":19827,"date":"2020-11-20T11:57:35","date_gmt":"2020-11-20T06:27:35","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=19827"},"modified":"2020-11-20T11:57:58","modified_gmt":"2020-11-20T06:27:58","slug":"major-highlights-on-aatmanirbhar-bharat-3-0","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/","title":{"rendered":"Major Highlights on Aatmanirbhar Bharat 3.0: Scope, Benefits, and Limitations"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The GOI comes up with yet another set of\nmeasures to increase job creation and to provide financial aid to affected\nsectors. The scheme under which the stimulus has been launched is named\nAatmanirbhar Bharat 3.0. <\/p>\n\n\n\n<p>The economic stimulus is also likely to increase economic activity in the infrastructures and the housing areas. The recently launched Production Linked Incentives scheme is also part of Aatmanirbhar Bharat 3.0. Let unveil what this scheme offers and how it\u2019s going to benefits the concerned entities.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/11\/image-50.png\" alt=\"Major Highlights on Aatmanirbhar Bharat 3.0\" class=\"wp-image-19845\" width=\"553\" height=\"477\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/11\/image-50.png 1000w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/11\/image-50-300x259.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/11\/image-50-768x663.png 768w\" sizes=\"(max-width: 553px) 100vw, 553px\" \/><\/figure><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Atmanirbhar_Bharat_Rozgar_Yojana_Boost_Employment\" >Atmanirbhar Bharat Rozgar Yojana\n(Boost Employment)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Emergency_Credit_Line_Guarantee_Scheme_20_Rendering_credit_to_the_Stressed_Sector\" >Emergency Credit Line Guarantee\nScheme 2.0 (Rendering credit to the Stressed Sector)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Supplementary_Expenditure_of_Prime_Minister_Awas_Yojana-_Urban_PMAY-U\" >Supplementary Expenditure of Prime\nMinister Awas Yojana- Urban (PMAY-U)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Rs_146_lakh_crore_Economic_Stimulus_for_10_Champion_Sectors_to_Boost_Employment_and_Export\" >Rs 1.46 lakh crore Economic\nStimulus for 10 Champion Sectors to Boost Employment and Export<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Relaxation_on_Performance_Security_on_Government_Tenders_and_Earnest_Deposit_Money\" >Relaxation on Performance\nSecurity on Government Tenders and Earnest Deposit Money&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#IT_Relaxation_for_Home_Buyers_and_Developers\" >IT Relaxation for Home Buyers and\nDevelopers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Infra_Debt_Financing\" >Infra Debt Financing&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Rs_65000_Crores_for_Subsidized_Fertilisers\" >Rs 65,000 Crores for Subsidized Fertilisers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Enhanced_Outlays_under_PM_Garib_Kalyan_Rozgar_Yojana-_Boosting_Rural_Employment\" >Enhanced Outlays under PM Garib\nKalyan Rozgar Yojana- Boosting Rural Employment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Boost_for_Project_Exports_%E2%80%93_Rs_3000_Crore_to_EXIM_Bank_For_Lines_Of_Credit\" >Boost for Project Exports \u2013 Rs 3000\nCrore to EXIM Bank For Lines Of Credit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Capital_and_Industrial_Stimulus\" >Capital and Industrial Stimulus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Rs_900_Crore_for_COVID_Vaccine_Development\" >Rs 900 Crore for COVID Vaccine\nDevelopment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/corpbiz.io\/learning\/major-highlights-on-aatmanirbhar-bharat-3-0\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Atmanirbhar_Bharat_Rozgar_Yojana_Boost_Employment\"><\/span>Atmanirbhar Bharat Rozgar Yojana\n(Boost Employment)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Prime\nMinisters Rozgar Protsahan Yojana was deployed in 31<sup>st<\/sup> March 2019 by the\ngovernment to incentivize the new employment within the country.&nbsp;The said\nscheme has provided the aggregate benefits of Rs 8300 crore to the 1, 21,\n69,960 Beneficiaries spanning over 1, 52,899 establishments<\/p>\n\n\n\n<ul><li>A new scheme is being rolled out to prevent the deterioration of the employment\nduring the recovery phase of the COVID 19.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Beneficiaries under Scheme<\/h3>\n\n\n\n<p>The new employees under <a href=\"https:\/\/corpbiz.io\/epf-registration\"><strong>EPFO registrations<\/strong><\/a> with monthly wages less than Rs.15000\/ were eligible for the given scheme. The government through Aatmanirbhar Bharat 3.0 is trying to reincarnate the economy from the ground up by helping the needy ones through impactful incentives.&nbsp;The scheme is also accessible to those having monthly wages less than Rs.15000 who left the job within the duration from 01.03.2020 to 30.09.2020.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Eligibility criteria for Establishments<\/h3>\n\n\n\n<p>Every establishment\nregistered under EPFO that hire new employees or employees who have been out of\nemployment between 01.03.2020 to 30.09.2020 rejoin work, would be eligible to\navail of the subsidy. Apart from that, the new candidates whose enrollment was\ndone between 01.10.2020 to 30.06.2020 will avail of the benefits of the said\nscheme for two years. Establishments having less than fifty employees must hire\na minimum of two new employees, and those having more than fifty employees must\nhire a minimum of 5 new employees.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Subsidy offered by the Central Government<\/h3>\n\n\n\n<p>For EPFO registered establishment having more than 1000 employees earning up to Rs 15,000\/month, 12% of employee\u2019s contribution &amp; 12% from the employer would be borne by the central government. The subsidy support will be transferred to the EPFO account of the eligible employee.&nbsp;<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/activate-uan-for-your-epf-registration\/\">How to Activate UAN for Your EPF Registration?<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Emergency_Credit_Line_Guarantee_Scheme_20_Rendering_credit_to_the_Stressed_Sector\"><\/span>Emergency Credit Line Guarantee\nScheme 2.0 (Rendering credit to the Stressed Sector)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Government of India\nrolled out the second iteration of the Emergency Credit Line Guarantee schemes\nto support the healthcare sector along with 26 stressed sectors identified by\nthe RBI-driven committee named as KV Kamanth committee. The primary motive of\nthis committee is to create a sectoral benchmark for the bank for determining\nthe borrower\u2019s eligibility to have debt restructured. Under the scheme, the\nbank promises to provide the guaranteed loans to the credit seekers without\ndemanding any collateral. Considering the current situation of the entities,\nthe government is trying their best to provide the best help via Aatmanirbhar\nBharat 3.0 scheme<\/p>\n\n\n\n<p>Establishments with credit\noutstanding ranging between 50 crore to 500 crore are eligible to avail of the\nbenefits of the scheme. The scheme also allows the stressed entities to avail\ncredit up to twenty percent of the outstanding credit for the duration of the\nfive years. The scheme continues to serve till 31<sup>st<\/sup> March 2021.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Supplementary_Expenditure_of_Prime_Minister_Awas_Yojana-_Urban_PMAY-U\"><\/span>Supplementary Expenditure of Prime\nMinister Awas Yojana- Urban (PMAY-U)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government of India has\ntaken various initiatives to improve the well-being of real-state sectors. The\nmeasures taken by the government proved to be quite beneficial for this sector.\nFor the further improvement of this sector, the GOI has provided Rs 18000\ncrores under the PMAY-U scheme, out of which Rs 8000 crore has been already\nallocated. The package is projected to lay the foundation of 12 lakhs houses\nand creates substantial job opportunities for the unemployed sector of the\neconomy. This would also boost the production of cement and steel. Through\nPMAY-U, the government aims to provide housing for everyone in the urban sector\nof the country.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rs_146_lakh_crore_Economic_Stimulus_for_10_Champion_Sectors_to_Boost_Employment_and_Export\"><\/span>Rs 1.46 lakh crore Economic\nStimulus for 10 Champion Sectors to Boost Employment and Export<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the <strong><em>financial ministry<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Ministry_of_Finance_(India)\"><strong><em>[1]<\/em><\/strong><\/a><\/sup>, the Production Linked Incentive scheme will encompasses ten more champion sectors. The said package is projected to paves the road map for the growth of domestic manufacturing as well as export. The package is also likely to create considerable amount of employment in upcoming five years. The fund will be allocated accordingly to the needy sectors as identified by the government.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Relaxation_on_Performance_Security_on_Government_Tenders_and_Earnest_Deposit_Money\"><\/span>Relaxation on Performance\nSecurity on Government Tenders and Earnest Deposit Money&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Performance security\ndeposit has been reduced to 3% which was previously capped at 5-10%. The EMD,\non the other hand, will be not being needed anymore for the tenders and would\nbe superseded by the Bid Security declaration. The relaxation is largely going to\nbenefit the sector as it removes limitations on the capital so that contractors\nwon\u2019t grapple to continue their ongoing projects. <\/p>\n\n\n\n<p>The relaxation under the\nscheme would remain accessible till 31.12.2020. Furthermore, the contractor is\nliable to deposit a sum with the owner for the protection of the owner\u2019s\ninterest in the case of untimely delivery of the project.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IT_Relaxation_for_Home_Buyers_and_Developers\"><\/span>IT Relaxation for Home Buyers and\nDevelopers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The price of the housing\nunit has been decreasing ever since the economy was disrupted by the COVID 19\npandemic. The outage diminishes the purchasing power of the customers and\ndeters the developers to continue with their ongoing project. The recent\nannouncement permitted the developers to sell the housing unit at twenty\npercent lower than the circle rate by escalating the differential 10 to 20\npercent as per section 43 CA of the Income Tax Act. Circle rate is referred to\na price of land set by the state government. This measure will reduce the\neconomic turbulence in the real estate sector and enables the developers to\nclear out the unsold inventory. <\/p>\n\n\n\n<p>However, the said benefit\nwould available only on the sale of residential units which cost up to two\ncrore rupees. Furthermore, the same will come into effect from the\nannouncement date and would remain activate till 30.06.2021. The consequential\nrelief of 20% would be accessible to the buyer on account of section 56 (2) (x)\nof the Income Tax Act for the aforesaid period as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Infra_Debt_Financing\"><\/span>Infra Debt Financing&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Three NIIF has invested Rs 19,676 Cr. in the operating companies, platforms, and downstream funds.&nbsp;<\/li><li>Debt platform has been built by the NIIF Strategic Opportunities Fund that consists of an <a href=\"https:\/\/corpbiz.io\/nbfc-registration\"><strong>NBFC<\/strong><\/a> Infra Finance Company and an NBFC Infra Debt Fund.&nbsp;<\/li><li>The platform has a deal pipeline that worth around Rs 10,000 cr and a loan book of Rs 8000 cr.<\/li><li>IFL having AAA rating and NIIF AIFL with AA rating will collectively raise Rs 95,000 crore debt from the market. The firms also try to raise project bonds during fundraising.<\/li><li>By 2025, NIIF will roll out the credit of Rs. 1.1 Lakh Crore for an infrastructure project.&nbsp;<\/li><li>The investment of Rs 2000 crore has been already made by NIIF in the equity of the platform.&nbsp;<\/li><li>Government would also invest amounting to Rs 6000 crore as equity in the debt platform.&nbsp;<\/li><li>Remaining equity would be raised from the private investors.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rs_65000_Crores_for_Subsidized_Fertilisers\"><\/span>Rs 65,000 Crores for Subsidized Fertilisers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The surging fertilizer\nusages will be fueled by Rs 65,000 crore packages which are projected to assist\n140 million farmers across the country. The package aims to boost the supply of\nfertilizers at subsidized rates which eventually improves agro-production.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Enhanced_Outlays_under_PM_Garib_Kalyan_Rozgar_Yojana-_Boosting_Rural_Employment\"><\/span>Enhanced Outlays under PM Garib\nKalyan Rozgar Yojana- Boosting Rural Employment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Prime Minister Garib Kalyan Rozgar Yojana is in effect in 116\ndistricts. Up till now, Rs 37,543 crores has been spent under the scheme.&nbsp;<\/li><li>PMGKRY effectively syncs with other schemes such as PMGSY,\nMGNREGA, etc.&nbsp;<\/li><li>A package worth Rs 61,500 crore is announced for MGNREGA for\n2020-21.<\/li><li>An additional package of Rs 40,000 crore has already been provided\nunder Atma Nirbhar Bharat 1.0.<\/li><li>As of now, Rs 73,504 crore has been rolled out under MGNREGA,\nand 251 crore person-days of employment have been generated.<\/li><li>PMGKRY will be fueled by the supplementary expenditure of Rs\n10,000 crores in the current financial year<\/li><li>This will trigger the development of the rural economy.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Boost_for_Project_Exports_%E2%80%93_Rs_3000_Crore_to_EXIM_Bank_For_Lines_Of_Credit\"><\/span>Boost for Project Exports \u2013 Rs 3000\nCrore to EXIM Bank For Lines Of Credit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Exim banks have extended the line of credit on behalf of GOI to\nincrease the export rate under the Indian Development &amp; Economic Assistance\n(IDEAS) scheme.<\/li><li>Promotes exporting activities by mandating recipient nations to\nimport 75% value of the line of credit.<\/li><li>Project that would be served by EXIM bank includes road and\ntransport, Railways, sugar projects, transmission, and auto and auto components.<\/li><li>As of now, LOC has been financed 811 export contracts amounting\nto 10 billion dollars&nbsp;<\/li><li>GOI has allocated Rs 3,000 crore funds to the EXIM bank to boost\nthe exporting activities via Lines of Credit as per the IDEAS scheme.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_and_Industrial_Stimulus\"><\/span>Capital and Industrial Stimulus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The GOI will be going to\nfuel the Capital and industrial expenditure with a fiscal package worth around\nRs 10,200 crore. Companies working in the area of Domestic defense equipment\nand green energy would be a prominent beneficiary of the announced package. It\nis one of the proactive moves by the GOI under the Aatmanirbhar Bharat 3.0\nscheme.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rs_900_Crore_for_COVID_Vaccine_Development\"><\/span>Rs 900 Crore for COVID Vaccine\nDevelopment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The last and the most\nimportant announcement made by the finance ministry is the release of Rs 900\ncrore which has been made available to the Department of Biotechnology for the\nR&amp;D of the COVID 19 vaccine. Government with Aatmanirbhar Bharat 3.0\nstrives to address every weak area of the economy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It seems that the latest\nannouncement revolves around the ideology of \u2018fiscal conservatism\u2019. Instead of\nrelying on large cash transfer, GOI focused on creating a platform that helps\ndomestic demand, encourages firms to create more jobs and improve the\nproduction volume, and simultaneously assist those confronting the tough times,\nbe it individuals or firms. <\/p>\n\n\n\n<p>The measures comprise of multi-facet elements which aim to create the jobs in the potential sector and incentivizes formalization of the manpower in the urban areas, broaden the extent of distress employment available in the rural areas, and providing easy credit to a stressed section of the economy. Aatmanirbhar Bharat 3.0 comes up with plenty of upgrades with previous initiatives and new schemes as well.&nbsp;<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/procedure-for-epf-registration-in-india\/\">Procedure for EPF Registration \u2013 A Step by Step Guide<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GOI comes up with yet another set of measures to increase job creation and to provide financial aid to affected sectors. The scheme under which the stimulus has been launched is named Aatmanirbhar Bharat 3.0. The economic stimulus is also likely to increase economic activity in the infrastructures and the housing areas. The recently [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":19828,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[153],"tags":[1229],"acf":{"service_id":"215"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":5058,"readingTime":7,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/19827"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=19827"}],"version-history":[{"count":5,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/19827\/revisions"}],"predecessor-version":[{"id":19847,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/19827\/revisions\/19847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/19828"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=19827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=19827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=19827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}