Consider the following statements about the Pradhan Mantri Rojgar Protsahan Yojana
1. The Government pays the full employer's contribution of 12% for the new employment generated with salary up to Rs. 15,000 per month to the employees.
2. It is for a period of three years and paid through EPFO.
Choose the correct statement
1
Only 1.
2
Only 2.
3
Both are correct.
4
None of the above.