25 JUL 2025, New Delhi
The Central Government will launch a major employment scheme called PM Viksit Bharat Rozgar Yojana (PM-VBRY) from August 1, 2025. The goal is to generate over 3.5 crore jobs in the next two years, helping both first-time job seekers and employers.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the scheme with a budget of ₹99,446 crore. Out of the 3.5 crore jobs, around 1.92 crore youth will be getting formal employment for the first time.
Who Will Benefit?
The scheme is designed for:
- New job seekers, especially young people entering the workforce.
- Employers, especially in the manufacturing sector, who hire more workers.
Scheme Timeline
- Valid for jobs created between 1st August 2025 and 31st July 2027.
- Benefits will continue for 2 years, or up to 4 years in the manufacturing sector.
Scheme Has Two Main Parts
Part A – Support for First-Time Employees
- New workers registered under EPFO can get up to ₹15,000 in two installments:
- ₹7,500 after 6 months of continuous work.
- ₹7,500 after 12 months and a short financial awareness training.
- A part of the amount will be saved in a fixed deposit to build saving habits.
Part B – Incentives for Employers
- Employers who hire and retain new employees for at least 6 months will get monthly support:
| Employee’s Monthly Salary | Support to Employer (Per Month) |
|---|---|
| Up to ₹10,000 | ₹1,000 |
| ₹10,001 to ₹20,000 | ₹2,000 |
| ₹20,001 to ₹1,00,000 | ₹3,000 |
- Manufacturing companies can get benefits for up to 4 years.
- Minimum new hires required:
-
- 2 employees if the company has less than 50 workers.
- 5 employees if the company has 50 or more workers.
How Will the Money Be Transferred?
- First-time employees will get money directly in their Aadhaar-linked bank accounts via DBT.
- Employers will receive incentives in their PAN-linked business bank accounts.
The PM-VBRY is a big step to boost youth employment and promote industrial growth, especially in the manufacturing sector. By supporting both workers and employers, the government aims to build a stronger, self-reliant, and developed India, a true Viksit Bharat.
Source: PIB
