HEPC/EF/Policy/2016/                                                                                               08.12.2016

All Members of HEPC,

 

Sir/Madam,

 

Sub: Reforms to boost Employment Generation and Exports in the Made-ups sector -reg.

 

This is to inform that the Union Cabinet chaired by the Prime Minister has given its approval to the reforms to boost employment generation and exports in the Made-ups sector over the next three years. The significant aspects of this packages which is similar to package provided to garments are

  1. Providing production incentive through enhanced Technology Upgradation Fund Scheme (TUFS) subsidy of additional 10% for made ups.
  2. Providing additional 3.67% share of Employers contribution in addition to 8.33% already covered under Pradhan Mantri Rozgar Protsahan Yojana (PMRPY) for all new employees enrolling in EPFO for the first 3 years of their employment.
  3. Extension of rebate on state levies (ROSL) scheme to made ups sector for enhanced duty drawback on exports of Made ups.
  4. Simplification of labour laws:
  5. Increasing permissible overtime upto 100 hrs per quarter in Made-ups manufacturing sector.
  6. Making employees’ contribution to EPF optional for employees earning less than Rs.15,000/- per month.

For more information, members may please visit

http://pib.nic.in/newsite/PrintRelease.aspx?relid=155054

 

Regards,

-sd/-

(R.Anand)

Executive Director