India is stepping into a new era of employment generation with the launch of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). Announced by Prime Minister Narendra Modi on August 15, 2025, this transformative employment-linked incentive scheme is designed to boost job creation, empower youth, and incentivize employers to hire first-time workers in the formal sector.
What is PM Viksit Bharat Rozgar Yojana (PM-VBRY)?
The PM-VBRY is a government initiative with a budget of ₹1 lakh crore, aimed at creating over 3.5 crore new jobs across India between August 1, 2025, and July 31, 2027. It is structured to benefit both first-time employees and employers who register and participate in the scheme through EPFO (Employees’ Provident Fund Organisation).
Key Objectives of PM-VBRY
- Promote formal employment for youth entering the job market.
- Provide direct financial incentives to new employees and employers.
- Encourage long-term job retention and financial literacy.
- Support economic growth through workforce expansion in organized sectors.
Benefits Under PM-VBRY
✅ For First-Time Employees (Part A)
- Eligibility:
- Age: 18–30 years
- Monthly salary: Up to ₹1 lakh
- Must be joining formal employment (registered under EPFO) for the first time
- Benefits:
- One-time incentive of up to ₹15,000
- Disbursed in two phases:
- After 6 months of continuous employment
- After 12 months and completion of a financial literacy course
- Portion of the incentive may be directed into savings for long-term financial security
✅ For Employers (Part B)
- Eligibility:
- Must be EPFO-registered
- Hire a minimum of 2 new employees (if workforce < 50)
- Hire a minimum of 5 new employees (if workforce ≥ 50)
- Incentives:
- Monthly subsidy for up to 2 years (4 years for manufacturing sector)
- Amount based on employee’s salary:
- ₹1,000/month for salaries up to ₹10,000
- ₹2,000/month for ₹10,001–₹20,000
- ₹3,000/month for ₹20,001–₹1,00,000
- Incentives are directly credited to the employer’s PAN-linked business bank account
How to Avail PM-VBRY Benefits: Step-by-Step Guide
👤 Steps for Employees:
- Get Hired: Secure a job in a company registered under EPFO.
- Create UAN: Use Aadhaar-based face authentication via the UMANG App.
- Stay Employed: Work continuously for 6 and then 12 months.
- Get Incentive: Receive ₹15,000 in two instalments directly into your Aadhaar-linked bank account.
- Complete Training: Attend a financial literacy workshop for the second payment.
🏢 Steps for Employers:
- EPFO Registration: Obtain your EPFO code via the Shram Suvidha Portal.
- Log in: Access the PM-VBRY portal or EPFO employer portal.
- Hire New Staff: Ensure employees meet age and salary criteria.
- Submit ECR: File accurate monthly Electronic Challan-cum-Return.
- Receive Benefits: Government disburses incentives every 6 months (or milestone-based).
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Why PM-VBRY is a Game-Changer
The PM-VBRY addresses two critical challenges: high youth unemployment and the reluctance of small and medium enterprises (SMEs) to expand their workforce. By reducing the financial burden on employers and rewarding jobseekers for sticking with formal jobs, the scheme promotes a stable, productive, and future-ready workforce.
Conclusion
The PM Viksit Bharat Rozgar Yojana is more than just a job scheme—it is a blueprint for India’s economic empowerment. Whether you’re a jobseeker ready to start your career or an employer planning to grow your team, this scheme offers financial support, formal security, and growth opportunities.
Start today—register on the PM-VBRY portal and become a part of India’s journey toward a Viksit Bharat.