- PM Viksit Bharat Rozgar Yojana, starting from August 1, 2025, aims to create 3.5 crore jobs over two years.
- First-time employees get EPF contributions and financial literacy benefits; employers receive monthly incentives based on ongoing employment.
- Special focus on manufacturing with extended incentives and direct benefit transfer payments to employees and PAN-linked payments to employers.
PM Viksit Bharat Rozgar Yojana is an employment-linked incentive scheme starting from August 1, 2025. It aims to boost job creation with a Rs 99,446 crore budget, targeting over 3.5 crore new jobs in two years. If you’re a first-time job seeker or an employer looking to grow your workforce, knowing about this scheme is important to get the most from the government’s efforts in promoting inclusive and lasting employment.
Who Can Benefit from PM Viksit Bharat Rozgar Yojana?
The scheme mainly helps first-time job seekers registered with EPFO and employers who hire more workers. It applies to employees earning up to Rs 1 lakh and covers all sectors, with special attention to manufacturing.
Part A: Benefits for First-Time Employees
First-time employees will get an Employment Provident Fund (EPF) wage contribution up to Rs 15,000, paid in two installments over 12 months. The first comes after six months of continuous work, and the second after 12 months, once they complete a financial literacy program.
To encourage saving, part of the benefit is put into a savings account or fixed deposit, which employees can access later. This helps new workers by creating a financial cushion and encouraging steady employment.
Part B: Employer Benefits to Increase Job Creation
Employers registered with EPFO who hire extra staff get incentives up to Rs 3,000 per month for each new employee who stays for at least six months. Employers with fewer than 50 employees must hire at least two new workers, while those with 50 or more need to hire at least five.
These incentives last two years, encouraging long-term hiring. This scheme supports businesses in growing their workforce by easing the costs of new hires and helps boost the economy through more jobs.
Sector Focus and Extra Benefits for Manufacturing
The scheme gives special attention to the manufacturing sector because of its important role in the economy. Manufacturers get extended benefits; instead of just two years like most sectors, incentives extend into the third and fourth years if employment continues.
This support aims to revive manufacturing and create more jobs in this key part of the economy.
How and When Will Payments Be Made?
Payments happen through direct transfer methods for clarity and speed. First-time employee benefits under Part A will be paid through Direct Benefit Transfer (DBT) using the Aadhaar Bridge Payment System (ABPS).
Employer incentives under Part B will be paid directly into their PAN-linked bank accounts, making sure they get their benefits on time and without hassle after meeting the requirements.
To fully benefit from the scheme, make sure your job or hiring steps match the scheme’s eligibility rules and timelines between August 1, 2025, and July 31, 2027.
Parameter | Details |
---|---|
Scheme Start Date | August 1, 2025 |
Scheme End Date | July 31, 2027 |
Total Outlay | Rs 99,446 crore |
Jobs Target | 3.5 crore (including 1.92 crore first-time employees) |
Employee Salary Eligibility | Up to Rs 1 lakh per month |
Employer Additional Employee Requirement | At least 2 (if under 50 employees) or 5 (if 50 or more employees) |
Employee Incentive | EPF contribution up to Rs 15,000 in 2 installments |
Employer Incentive | Up to Rs 3,000 per month for 2 years; extended up to 4 years for manufacturing |
Payment Method – Employees | DBT via Aadhaar Bridge Payment System (ABPS) |
Payment Method – Employers | Direct to PAN-linked bank accounts |
Official Scheme Website | www.epfindia.gov.in |
Stay updated by visiting the official Labour Ministry website. This scheme is a practical step towards a developed India by supporting both employees and employers in creating lasting jobs.