Kerala Zero Unemployment Scheme | Subsidy Loan for Unemployed | Zero Unemployment Yojana In Kerala | 2021
Government of Kerala to introduce Zero Unemployment Scheme 2021 to provide 5 years subsidy to new industries, new enterprises registered b/w to receive incentives for the creation of employment for unemployed youth from 1 April 2020 to 31 March 2025. The state government has implemented this scheme in the entire state to increase investment in the state so that unemployment can be completely eliminated from the state.
Kerala Zero Unemployment Scheme 2021
under this Kerala Zero Unemployment Scheme, 2021 government of Kerala provides 5 Years Subsidy for New Industries to Attract Investors. Kerala government has launched the Zero Unemployment Scheme 2021 for the welfare of unemployed youth. Under this 0 unemployment scheme, the state government will provide a 5-year subsidy for new industries based on the creation of new employment opportunities.
Industries registered in Kerala from April 1, 2020, to March 31, 2025, will be eligible for the wage incentive scheme. In addition, the industry launched on 31 March 2025 will get five years to implement the project and the subsidy scheme will expire in five years. The main objective is to realize the vision of zero employment in Kerala in the next 10 years. Kerala Zero Unemployment Scheme will ensure social security for 37 lakh families. The state government is focusing on ease of doing business and making Kerala an investor-friendly state. This scheme will ensure that the youth get employment opportunities according to their educational qualifications.
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Objective Of Zero Unemployment Scheme
Important features and salient features of Zero Unemployment Scheme 2020-25 in Kerala are as follows:-
- Achieving 0 unemployment in Kerala in next 10 years.
- 5 years subsidy for new industries based on new employment opportunities for unemployed candidates.
- Government of Kerala. During 5 years time will give sufficient amount as subsidy for each job opportunity.
- For women empowerment, every female employee will get Rs. 2,000 more than its male counterpart.
- Registered B / W are eligible from 1 April 2020 to 31 March 2025.
- All these registered industries will get 5 years to implement the Zero Unemployment Scheme.
- The scheme is going to ensure social security coverage to about 37 lakh families.
- The Kerala government will lift the ban on women working at night.
- If they can ensure their safety, the industry will be able to employ women workers for night duty.
- Women workers should be provided with safe accommodation and travel facilities.
Scheme Incentives for Industries
The Kerala government is planning to reduce the ban on private land to facilitate large industrial investment. The Land Reform Act initiated by the state in 1963 limited the maximum land to 15 acres by a private individual. But it was a hindrance in bringing large industries to the state. Therefore, the Kerala government will relax restrictions for industries that invest more than Rs 250 crore and provide employment to more than 1,000 people.
state government. Kerala wants to make Kerala one of the top 5 investor-friendly states in the country. The Kerala government has identified 1,500 acres of land in Palakkad for the development of industries under the Kochi-Coimbatore Industrial Corridor project. KSIDC has drawn up the project to develop a life science park, a medical equipment park, an electronics and hardware park, and a light engineering park. The government will also explore the possibilities of development in the tourism sector so that every resident in the state can host a tourist.
All the villages in the state of Kerala have the potential to grow as tourist destinations. To facilitate development, we will have to improve infrastructure including hotels and homestays. The entire network will be brought under one centralized monitoring system.
Removal of Building Curbs to Facilitate Investment in Kerala
Various industrial parks will be set up in the private sector and common facilities will be provided. To address the grievances of investors regarding the non-cooperation of local bodies, the Government of Kerala has targeted to create 5 employment opportunities per 1,000 population per year per local population. The ban on the construction of buildings of more than 18,000 square meters along the side of panchayat roads will be lifted.
The state government will take steps to provide electricity connection to new commercial undertakings within 30 days from the date of application. In addition, if rainwater harvesting units are set up, all industrial units will be allowed to source water from the nearest water body. Additionally, environmental clearance will be granted for buildings with a built-up area of more than 20,000 square meters through a single-window system.
The deposit amount will be refunded in installments by the Kerala State Government for upgrading the electricity connection. The loan amount given by KSIDC to industries will be increased from the current Rs 35 crore to Rs 100 crore.
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