US EditionIncentive for First-Time Employees, Employers
INDIA, JUL 25 – The scheme offers up to Rs 15,000 to first-time EPFO employees and incentives to employers, aiming to create over 3.5 crore new jobs in two years, officials said.
- On August 1, 2025, the Ministry of Labour and Employment will launch PM Viksit Bharat Rozgar Yojana nationwide, backed by Rs 99,446 crore, as announced Friday.
- Earlier this month, the Union Cabinet chaired by Prime Minister Narendra Modi approved the scheme, aiming to generate over 3.5 crore jobs over two years.
- Employees registering for the first time with the Employees' Provident Fund Organisation receive up to ₹15,000 in two installments, while employers earn incentives up to ₹3,000 per month; the second installment requires completing a financial literacy programme.
- In practice, 1.92 crore first-time beneficiaries will join the workforce, while Direct Benefit Transfer via the Aadhar Bridge Payment System ensures timely disbursal of incentives.
- Beyond the initial two years, incentives for the manufacturing sector will extend to promote long-term employment and support economic growth.
14 Articles
14 Articles
PM Viksit Bharat Rozgar Yojana to Launch on August 1, Targets 3.5 Crore Jobs with Up to ₹15,000 Incentives - The Logical Indian
The Ministry of Labour and Employment announced that the PM Viksit Bharat Rozgar Yojana (PM-VBRY) will launch on 1 August 2025 and run until 31 July 2027, with a budget outlay of ₹99,446 crore. The scheme aims to create over 3.5 crore new formal jobs across India, including about 1.92 crore jobs for first-time workers registered with the Employees’ Provident Fund Organisation (EPFO). It offers financial incentives up to ₹15,000 per month for eli…
PMVBRY Scheme: A scheme of Rs 1 lakh crore will start from August 1, 3.5 crore people will get jobs
PMVBRY Scheme: The Ministry of Labor on Friday announced that the Pradhan Mantri Vikassheel Bharat Rojgar Yojana (PM-VBRY) will come into effect from August 1, 2025. This ambitious scheme has been approved by the Union Cabinet chaired by Prime Minister Narendra Modi. With an outlay of Rs 99,446 crore, the scheme aims to stimulate employment generation of over 3.5 crores in the next two years (August 1, 2025 to July 31, 2027). In this, 1.92 crore…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
