What is Pradhan Mantri Viksit Bharat Rozgar Yojana: Know Benefits, Eligibility, and Step-by-Step Application Process

Pradhan Mantri Viksit Bharat Rozgar Yojana offers financial incentives to first-time private sector employees as well as employers who create new jobs. Key benefits include social security coverage and direct benefit transfers to beneficiaries’ bank accounts. Officials say the programme is a significant step towards building a developed India by encouraging job creation and economic growth.

What is Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)

With an allocation of ₹99,446 crore, the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) aims to create over 3.5 crore jobs within two years. The scheme is designed not only to boost employment opportunities but also to motivate companies to expand their hiring scope. It further seeks to ensure that employees are registered with the Employees’ Provident Fund Organisation (EPFO). Formerly known as the Employment Linked Incentive (ELI) Scheme, PM-VBRY operates through a two-part incentive structure — Part A benefits first-time employees, while Part B offers incentives to employers.

Key Benefits for First-Time Private Sector Employees

If you are a salaried employee earning up to ₹1 lakh and joining the private sector for the first time, you can get an incentive of ₹15,000 from the government. This amount is paid in two parts: the first ₹7,500 after six months of employment, and the second ₹7,500 after twelve months, provided you complete a financial literacy program. Besides the cash incentive, you get social security benefits and better career opportunities through formal employment.

Incentives Offered to Employers Creating New Jobs

Employers across all sectors can benefit from this scheme by getting up to ₹3,000 per month for each new employee they hire. For the manufacturing sector, this incentive lasts up to four years, while for other sectors, it is available for two years. This encourages businesses to grow their workforce and contribute to the nation’s economic growth.

Eligibility Criteria and Important Conditions

Employee Eligibility

• Must work in an EPFO-registered establishment after 15 August 2025.
• Should earn gross wages of ₹1 lakh/month or less.
• Must have a UAN with Aadhaar-based face authentication via the UMANG app.
• Must remain employed:
  • 6 months to receive the first instalment.
  • 12 months with financial literacy training to receive the second instalment.

Employer Eligibility

• Required to maintain new hires for at least 6 months to qualify for incentives.
• Must have an EPFO code via the Shram Suvidha Portal and be registered on EPFO’s employer login portal.
• Should hire eligible new or re-joining workers with Aadhaar-authenticated UANs.
• Must submit monthly Electronic Challan cum Return (ECR) with PF contributions on time.

Step-by-Step Guide to Applying for the Scheme

Applying is simple and clear. Follow these steps:

1. Join an EPFO-registered or exempted private sector establishment.
2. Make sure your UAN is linked and verified with your Aadhaar biometric details.
3. Complete six months of continuous employment to get the first instalment of ₹7,500.
4. Complete twelve months of employment and a financial literacy program to get the second instalment of ₹7,500.
5. Incentives will be directly transferred to your bank account through the Direct Benefit Transfer (DBT) system using the Aadhaar Bridge Payment System (ABPS).

Employers should also register their new employees with EPFO to get monthly incentives for creating jobs.

This scheme is a great chance for youth to secure formal jobs with social security and for employers to grow their teams with government support. Keep your documents ready and talk to your employer to start benefiting from the Pradhan Mantri Viksit Bharat Rozgar Yojana today.