2020
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which state has unveiled a wage subsidy scheme for ventures?
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Karnataka
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Tamil Nadu
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Kerala
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Andhra Pradesh
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Explanation:
Detailed explanation-1: -The Employment Wage Subsidy Scheme (EWSS) was an economy-wide enterprise support for eligible businesses in respect of eligible employees. Details of the EWSS were set out in Section 28B of the Emergency Measures in the Public Interest (COVID-19) Act 2020.
Detailed explanation-2: -A flat rate subsidy of €100 applied for April and May. The full rate of Employers’ PRSI was reinstated from 1 March 2022. The EWSS ended on 31 May 2022.
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