In a landmark move to boost employment and formalize India's workforce, the central government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY). Announced by Prime Minister Narendra Modi during his Independence Day address from the Red Fort on August 15, 2025, the scheme aims to create over 3.5 crore jobs over a period of two years, with a substantial outlay of nearly Rs 1 lakh crore.
The initiative, approved by the Union Cabinet on July 1, 2025, is designed to benefit both first-time employees and the employers who hire them, thereby strengthening the national economy.
This comprehensive guide details the scheme's two-part structure, its eligibility criteria, and the simple application process, providing a clear roadmap for anyone looking to benefit from this transformative program.
The Government of India has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) 2025, a landmark employment-linked incentive scheme to boost job creation and support both employers and employees.
With an outlay of ₹1 lakh crore, the scheme was approved by the Union Cabinet on July 1, 2025, and officially announced by Prime Minister Narendra Modi during his Independence Day address on August 15, 2025. The scheme aims to generate over 3.5 crore employment opportunities across sectors between August 1, 2025, and July 31, 2027, with a special emphasis on the manufacturing industry.
The PMVBRY has two components- Part A (benefits for employees) and Part B (benefits for employers) — making it a comprehensive plan to strengthen India’s workforce, enhance employability, and promote economic growth.
The PM Viksit Bharat Rozgar Yojna is a Central Sector Scheme designed to create sustainable employment while extending financial incentives to both workers and businesses.
Incentive Amount: One-time benefit equal to one month’s average wage (Basic + DA), capped at ₹15,000.
Payment Structure: Paid in two installments directly into the beneficiary’s bank account.
Eligibility:
This initiative ensures that young professionals entering the workforce receive a financial boost, easing their transition into employment.
To encourage industries to hire more workers, Part B provides direct support to establishments.
Employer Incentive: Up to ₹3,000 per month per additional employee (including first-timers and re-joiners)
Duration of Support:
Eligibility Conditions for Establishments:
This provision incentivizes businesses to expand their workforce, especially in labor-intensive sectors like manufacturing, which are vital for India’s growth.
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The government has launched a dedicated Pradhan Mantri Viksit Bharat Rozgar Yojna Portal — pmvbry.epfindia.gov.in — to streamline the process.
Establishments already registered with EPFO are automatically eligible but must provide additional details:
This makes the registration and compliance process simple, reducing paperwork and enabling faster benefit disbursement.
The Pradhan Mantri Viksit Bharat Rozgar Yojna (PMVBRY) 2025 is a visionary step by the Government of India to boost employment, support industries, and provide financial relief to both employers and employees. By targeting first-time job seekers and incentivizing employers to expand their workforce, the scheme bridges a crucial gap in India’s labor market.
With its ₹1 lakh crore outlay and focus on creating 3.5 crore jobs, the scheme not only addresses unemployment challenges but also aligns with India’s larger mission of building a “Viksit Bharat” (Developed India) by 2047. The simplified online portal and automatic benefit transfers make it highly accessible, ensuring transparency and efficiency in implementation.
For job seekers, it is a golden opportunity to enter the workforce with government-backed support, and for employers, it’s an incentive to scale up operations while contributing to India’s economic progress.