PM Pradhan Mantri Viksit Bharat Rozgar Yojana
PM Pradhan Mantri Viksit Bharat Rozgar Yojana
Empowering India's Youth, Enabling Growth
PM Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) is a flagship employment incentive scheme launched by the Government of India to generate over 3.5 crore new jobs between August 1, 2025, and July 31, 2027. Targeted at first-time employees and employers in the private sector, the scheme offers direct financial incentives, skill development opportunities, and aims to accelerate India's transition to a vibrant, self-reliant economy.
Scheme Overview
| Feature | Details |
|---|---|
| Launch Date | August 15, 2025 |
| Scheme Duration | August 1, 2025 – July 31, 2027 |
| Budget Allocation | ₹99,446 crore |
| Job Creation Target | 3.5 crore new jobs (1.92 crore for first-time employees) |
| Eligible Salary | Up to ₹1 lakh/month |
| Employee Incentive | Up to ₹15,000 in two installments (via DBT) |
| Employer Incentive | Up to ₹3,000/month per new employee for 2 years; 4 years for manufacturing sector |
| Eligibility (Employees) | First job in private sector; registered with EPFO; not previously registered; at least 6 months sustained employment |
| Eligibility (Employers) | EPFO registered; must hire minimum new employees (2 for <50 staff, 5 for ≥50 staff) |
| Special Focus Sectors | Manufacturing, MSMEs |
| Skill & Financial Literacy | Second employee installment after completion of financial education program |
Frequently Asked Questions (FAQ)
What is PM Viksit Bharat Rozgar Yojana?
A government initiative to boost large-scale job creation, support first-time youth employment, and incentivize private sector hiring with direct financial benefits[2][6][7].
Who is eligible to apply?
Private sector employees starting their first job between August 1, 2025, and July 31, 2027, and employers registered with EPFO who hire new employees during this period[2][6][8].
How much money will I get?
Eligible employees will receive up to ₹15,000 in two installments (after 6 and 12 months). Employers may get up to ₹3,000 per newly hired employee every month for two years[6][7].
What is required for application?
Employees must activate UAN, register with EPFO, and complete a financial literacy program. Employers must register new recruits under EPFO and meet minimum hiring criteria[2][8].
Is there a special incentive for manufacturing companies?
Yes, incentives to employers in the manufacturing sector may be extended for up to four years to promote sustained hiring and growth[6][7].
Where can I apply?
Application and registration details are available on official government portals and the dedicated PM-VBRY portal (please check latest updates).
What is the timeline for the scheme?
Benefits are available for jobs created between August 1, 2025, and July 31, 2027[2][6][7].
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