PM Viksit Bharat Rozgar Yojana (PM-VBRY)
- Employment Linked Incentive scheme approved by Union Cabinet on 1 July 2025, effective 1 August 2025 - Total outlay: ₹99,446 crore over 2 years (Aug 2025 - Jul 2027) - Target: Creation of 3.5 crore+ jobs; 1.92 crore first-time EPFO workers - Part A (Employee): First-time EPFO-registered workers earning up to ₹1 lakh/month get one month EPF wage (max ₹15,000) in two installments - Part B (Employer): Up to ₹3,000/month per additional employee for 2 years; manufacturing gets years 3-4 extension - Minimum hiring: 2 employees (firms <50 staff) or 5 employees (firms >=50 staff), sustained 6 months - Payments via DBT (Aadhaar for employees, PAN for employers) - Announced by PM Modi on Independence Day (15 Aug 2025) from Red Fort - Ministry of Labour & Employment is the nodal ministry
- PM Viksit Bharat Rozgar Yojana (PM-VBRY) approved by Union Cabinet on 1 July 2025 with total outlay of ₹99,446 crore over 2 years (Aug 2025-Jul 2027)
- Target: Creation of 3.5 crore+ jobs including 1.92 crore first-time EPFO workers
- Part A (Employee): First-time EPFO workers earning up to ₹1 lakh/month get one month EPF wage (max ₹15,000) in two installments
- Part B (Employer): Up to ₹3,000/month per additional employee for 2 years; manufacturing sector gets extension for years 3-4
- Minimum hiring requirements: 2 employees for firms under 50 staff or 5 employees for firms with 50+ staff, sustained for 6 months
- Payments via DBT using Aadhaar for employees and PAN for employers; Ministry of Labour and Employment is nodal ministry
What is PM-VBRY and when was it approved?
PM Viksit Bharat Rozgar Yojana is an Employment Linked Incentive scheme approved by the Union Cabinet on 1 July 2025 and effective from 1 August 2025. PM Modi announced it from the Red Fort on 15 August 2025.
What is the outlay and job creation target of PM-VBRY?
PM-VBRY has a total outlay of ₹99,446 crore over 2 years covering August 2025 to July 2027. It targets creation of more than 3.5 crore jobs, including 1.92 crore first-time EPFO-registered workers.
What does Part A provide for employees under PM-VBRY?
Part A gives first-time EPFO-registered workers earning up to ₹1 lakh per month one month of EPF wage, capped at ₹15,000, paid in two installments via DBT using Aadhaar-linked accounts.
What is the Part B incentive for employers?
Part B offers employers up to ₹3,000 per month per additional employee for 2 years, with a 3-4 year extension for manufacturing. Payments are made via DBT using PAN for employers.
What are the minimum hiring conditions for employers under PM-VBRY?
Firms with under 50 staff must hire at least 2 additional employees, while those with 50 or more staff must hire at least 5, sustained for 6 months. The Ministry of Labour & Employment is the nodal ministry.
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