- PM Viksit Bharat Rozgar Yojana (PM-VBRY) aims to create over 3.5 crore jobs between August 2025 and July 2027.
- First-time employees with EPFO registration and monthly earnings up to 75,000 are eligible for EPF-linked incentives up to 7,500.
- Employers will get incentives up to 3,000 per new employee monthly for two to four years, based on employment size and sector.
Starting on August 1, 2025, PM Viksit Bharat Rozgar Yojana (PM-VBRY) aims to change Indias job market. With a big investment of 9,446 crore, this scheme targets creating over 3.5 crore jobs while encouraging first-time entry into formal employment. Designed for both job seekers and employers, PM-VBRY offers attractive incentives linked to EPFO registration, encouraging steady and long-lasting jobs.
Meta Keywords: PM Viksit Bharat Rozgar Yojana, PM-VBRY, job creation, EPFO incentives, government employment scheme.
Who Benefits from PM Viksit Bharat Rozgar Yojana?
This scheme focuses on three main groups: people looking for jobs, first-time employees joining the formal sector, and employers wanting to grow their workforce. By encouraging companies in different sectors, especially manufacturing, PM-VBRY creates many opportunities for new workers and businesses looking to increase their staff.
Incentives for First-Time Employees Under PM-VBRY
If you are a first-time employee registered with the Employees Provident Fund Organisation (EPFO) and earn up to 75,000 per month, the scheme offers good benefits. Eligible employees can get an incentive of up to 7,500 paid in two parts:
- The first part after completing six months of continuous work.
- The second part after twelve months, if you complete a financial literacy program.
To encourage savings, part of the incentive is kept in a fixed deposit or other savings tool, which you can withdraw later. This helps improve financial security along with job benefits.
Support for Employers and Job Creation Rules in PM-VBRY
Employers registered with EPFO can benefit from PM-VBRY by getting monthly incentives for each new employee they hire. Here are the key details:
- Incentives range from 1,000 to 3,000 per new employee based on their EPF wage level.
- The incentive lasts for two years generally, with manufacturing sector workers eligible for up to four years.
- Hiring rules depend on employer size: businesses with fewer than 50 employees must hire at least two new workers, while those with 50 or more need to recruit five or more.
- To qualify, new employees must work continuously for at least six months.
Payments:
| Beneficiary | Payment Mode | Account Linked |
|---|---|---|
| Employees | Direct Benefit Transfer (DBT) via Aadhaar Bridge Payment System | Aadhaar-linked |
| Employers | Direct credit | PAN-linked bank accounts |
This clear payment process makes sure the incentives reach the right people on time without delays or middlemen.
By supporting both new workers and businesses growing, PM Viksit Bharat Rozgar Yojana opens up more job chances and helps boost the economy.