Central Government has launched the new “PM Viksit Bharat Rozgar Yojana (PM-VBRY)” to give a strong boost to employment generation in the country. The scheme will start from 1st August 2025 and aims to create more than 3.5 crore jobs in two years, supporting both new employees and employers, especially in the manufacturing sector.
PM Viksit Bharat Rozgar Yojana (PM-VBRY) is actually the new name of Employment Linked Incentive Scheme which was announced by the state government in 2025-26 financial budget and was approved by the cabinet recently.
What is PM Viksit Bharat Rozgar Yojana (PM-VBRY)?
PM-VBRY is a central government scheme for boosting employment in India. It provides direct incentives to both first-time job seekers and employers who create new jobs. This scheme is part of the bigger Viksit Bharat (Developed India) Mission and aims to support India’s growth by creating lakhs of jobs, especially in the manufacturing sector.
Quick Highlights of PM Viksit Bharat Rozgar Yojana (PM-VBRY)
| Feature | Details |
|---|---|
| Scheme Name | PM Viksit Bharat Rozgar Yojana (PM-VBRY) |
| Launch Date | 1st August 2025 |
| Approved By | Union Cabinet (PM Modi) |
| Total Outlay | ₹99,446 Crore |
| Job Target | 3.5 Crore new jobs (in 2 years) |
| First-Time Job Seekers Target | 1.92 Crore |
| Benefit Period | Jobs created from 1st Aug 2025 to 31st July 2027 |
| Main Sectors Focused | All sectors (special focus on manufacturing) |
| Eligibility | Employees & Employers registered with EPFO |
| Salary Eligibility | Up to ₹1 Lakh per month |
| Incentives to Employers | Up to ₹3,000/month per new employee |
| Incentives to Employees | One-month EPF wage (max ₹15,000) in 2 installments |
Also read: Ghar Ghar Rozgar Portal
Objectives of PM Viksit Bharat Rozgar Yojana
The main objective of the PM Viksit Bharat Rozgar Yojana (PM-VBRY) is to give a big push to employment generation across India. The scheme is designed to encourage companies to hire more people by offering financial incentives to both employers and first-time employees. By doing this, the government wants to address the problem of unemployment and help lakhs of youth, especially those entering the workforce for the first time, to get stable jobs.
Another important aim of the scheme is to support the country’s economic growth by making employment the center of development. By providing direct benefits to businesses that create new jobs, especially in the manufacturing sector, the government hopes to boost industrial growth and ensure that more Indians have a regular income. This, in turn, will help increase production, improve the standard of living, and contribute to the overall prosperity of the nation.
The scheme also focuses on promoting financial discipline and savings among new workers. By linking the release of incentives to the completion of a financial literacy programme, PM-VBRY aims to teach young employees the importance of saving and managing their money wisely. This will help them become financially responsible and secure their future.
Overall, the PM Viksit Bharat Rozgar Yojana is a key part of India’s vision to become a developed country (“Viksit Bharat”) by 2047. It not only seeks to create jobs but also to build a workforce that is skilled, financially aware, and ready to drive the country’s progress in the coming years.
Key Features of PM Viksit Bharat Rozgar Yojana
1. Two-Part Scheme Structure
Part A: Incentive for First-Time Employees
- For new entrants in the workforce, registered with EPFO
- Get one-month EPF wage (up to ₹15,000), paid in two installments
- 1st installment: After 6 months of service
- 2nd installment: After 12 months and completing a financial literacy programme
- Eligibility: Employees with salary up to ₹1 lakh/month
- A part of the incentive is deposited in a savings account (withdraw-able later)
Part B: Support to Employers
- For all sectors (special focus on manufacturing)
- Incentives for creating new jobs with sustained employment for at least 6 months
- For each additional employee (salary up to ₹1 lakh):
- Up to ₹3,000/month for 2 years
- For manufacturing: Incentive for 3rd and 4th years also
- Minimum hiring: At least 2 extra employees (if workforce < 50) or 5 (if workforce ≥ 50)
Benefit Structure for Employers
| EPF Wage Slab of New Employee | Monthly Incentive to Employer (per employee) |
|---|---|
| Up to ₹10,000 | Up to ₹1,000 (proportional incentive) |
| ₹10,001 to ₹20,000 | ₹2,000 |
| ₹20,001 to ₹1,00,000 | ₹3,000 |
How Will the Incentives Be Paid?
- For Employees: Direct Benefit Transfer (DBT) to Aadhar-linked bank accounts via ABPS
- For Employers: Direct payment to PAN-linked business account
Process to Apply for PM Viksit Bharat Rozgar Yojana
For First-Time Employees
- Get a Job: Secure employment with an EPFO-registered company (salary up to ₹1 lakh/month)
- Register with EPFO: Employer will register you as a first-time employee under PM-VBRY
- Complete 6 Months: Continue working; after 6 months, you will receive 1st installment
- Financial Literacy Programme: Attend and complete the programme as instructed
- Complete 12 Months: After one year of service and the programme, get the 2nd installment (a portion will be in a savings account, withdraw-able later)
For Employers
- Register with EPFO: Your establishment must be registered with EPFO
- Hire New Employees: Hire at least 2 (if workforce < 50) or 5 (if workforce ≥ 50) new employees and register them
- Maintain Employment: Ensure the new hires remain for at least 6 months
- Apply for Incentive: Submit details of new hires to the scheme portal
- Receive Payments: Get monthly incentive for each eligible new hire, directly in your business account (as per wage slabs)
Eligibility Criteria
For Employees:
- Must be a first-time employee (not previously registered with EPFO)
- Salary up to ₹1 lakh/month
- Must stay in the job for at least 6 months (to get 1st installment) and 12 months (for 2nd installment)
- Must complete a financial literacy programme
You can check your eligibility at Nidhi Aapke Nikat 2.0 Camp. If your monthly wage is ₹15,000 or less in an EPF-covered establishment, you may be eligible for benefits under PM Viksit Bharat Rozgar Yojana
You can visit Nidhi Aapke Nikat 2.0 Camp on 28th July 2025
For Employers:
- Must be EPFO-registered
- Must hire at least 2 or 5 additional employees (based on size)
- New hires must have salary up to ₹1 lakh/month and remain for 6 months
- Special extended incentive for manufacturing sector
Also Read: jobs.delhi.gov.in – Delhi Job Portal Registration
Why is This Scheme Important?
- Largest Employment Drive: Aims to create over 3.5 crore jobs in just 2 years
- Focus on Youth: 1.92 crore jobs for freshers entering the workforce
- Support to Industry: Direct support to employers, especially in manufacturing
- Promotes Savings: Financial literacy and savings for employees
- Boosts Economy: Job creation leads to higher incomes and stronger economy
FAQ on PM Viksit Bharat Rozgar Yojana
What is PM Viksit Bharat Rozgar Yojana?
PM-VBRY is a new government scheme to create more jobs and support both new employees and employers, starting from 1st August 2025.
Who can benefit from this scheme?
Both first-time employees (freshers) and employers hiring new workers can benefit if they are registered with EPFO.
How much incentive is given?
- Employees: Up to one month’s EPF wage (max ₹15,000), in two instalments.
- Employers: Up to ₹3,000 per month per new employee (for 2 years, extended for 4 years in manufacturing).
Is this only for manufacturing sector?
No, it covers all sectors but gives special extra incentives to the manufacturing sector.
How will payments be made?
All payments will be through DBT directly into Aadhar/PAN linked accounts.
What is the minimum number of new employees to be hired by employers?
At least 2 (if workforce < 50) or 5 (if workforce ≥ 50) new employees must be hired and retained for at least 6 months.
Where to get more details or apply?
Details and application process will be updated on the official Ministry of Labour & Employment website and EPFO portal after the scheme launch.
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