Punjab Employment Subsidy 2022
Department of Industries & Commerce, Government of Punjab · Central government
Punjab's Industrial and Business Development Policy 2022 funds units Rs 36,000 yearly per Punjab-domiciled employee, for up to 5 years.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Punjab's Industrial and Business Development Policy 2022 offers an Employment Generation Subsidy of Rs 36,000 per employee per year, capped at 5 years. Units that directly hire Punjab-domiciled employees covered under PF/ESIC are eligible.
The subsidy is tied to headcount, not capital, which makes it more beneficial for labour-intensive units.
Eligibility requires that the employee be directly recruited, on the unit's own rolls, and enrolled in PF/ESIC. Contract or outsourced manpower generally does not qualify. Statutory records should be maintained accurately from the first payroll cycle.
Who can apply
- Eligible business forms
- Not specified
- Udyam registration
- Not specified
- MSME registration
- Not required
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Jammu and Kashmir
- Units in Punjab covered under the Industrial and Business Development Policy 2022 - Employees taken on directly, not through contract or outsourcing - Employees with domicile in Punjab - Employees enrolled under PF/ESIC - Subsidy available for a maximum of 5 years
How to apply
- Enrol the unit on the Invest Punjab Business First portal - File an application for the Employment Generation Subsidy under the Industrial and Business Development Policy 2022 - Provide payroll records, proof of Punjab domicile for every employee and PF/ESIC returns - Lodge the claim annually for each qualifying year, for a maximum of five years
Frequently asked questions
How much is the subsidy?
Rs 36,000 per employee per year.
How long can I claim it?
For a maximum period of 5 years.
Which employees qualify?
Punjab-domiciled employees who are directly recruited and covered under PF or ESIC are eligible.
Do contract workers count?
The incentive applies only to directly recruited employees; outsourced or contract manpower does not fall within its scope.
Is there a cap on the number of employees?
The policy clause sets a per-employee rate and a five-year limit, but it does not specify any cap on the number of employees.
Sectors
- Punjab
- Employmentsubsidy
- Industrialpolicy2022
- Payroll
- Jobcreation
- Stateincentive
Details last verified on 16 September 2026. Source: the issuer's published information.