The Central Government has officially launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) to promote large-scale employment generation and provide financial assistance to both employees and employers.
The Rs 1 lakh crore scheme, which received approval on July 1, 2025, will remain active for two years—from August 1, 2025, to July 31, 2027. During this period, the scheme is projected to create over 3.5 crore jobs across India.
The scheme is open to all employers and first-time employees across India. It has been structured into two major components:
Individuals entering formal employment for the first time can benefit from this section.
Eligible employees can avail of direct financial incentives.
Employers across sectors will also receive benefits for hiring and retaining additional workers.
Companies with fewer than 50 employees must recruit at least two extra workers.
Companies with 50 or more employees are required to hire a minimum of five new workers.
These new employees must remain employed for at least six months to qualify.
Even establishments exempt under the EPF & MP Act, 1952 are covered under this initiative, ensuring broader participation.
Eligible workers will receive a one-time incentive equivalent to one month’s basic salary, up to Rs 15,000.
This incentive will be paid in two instalments directly to the beneficiaries.
Companies hiring additional employees will receive incentives of up to Rs 3,000 per month for each worker retained for six months.
The scheme will initially be active for two years, with a possible four-year extension for the manufacturing sector.
Rs 1,000 per month for employees earning up to Rs 10,000.
Rs 2,000 per month for employees earning between Rs 10,000 and Rs 20,000.
Rs 3,000 per month for employees earning up to Rs 30,000.
Eligible workers can register on the official PMVBRY portal.
Alternatively, they can upload their UAN (Universal Account Number) via the UMANG App.
Companies need to file the Electronic Challan-cum-Return (ECR).
Employers must also ensure that UANs are created for both new and existing employees using the UMANG App facility.
The PM Viksit Bharat Rozgar Yojana is expected to:
Encourage first-time job seekers by providing direct financial support.
Motivate businesses to expand their workforce by offering financial incentives.
Significantly contribute to employment generation in the manufacturing sector, which is crucial for India’s economic growth.
Strengthen India’s journey towards becoming a $5 trillion economy by supporting the youth workforce.
The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) marks a bold step by the government to strengthen India’s employment ecosystem. With its Rs 1 lakh crore allocation and focus on generating 3.5 crore jobs between 2025 and 2027, the scheme seeks to empower both employees and employers.
By providing a direct incentive of up to Rs 15,000 for first-time employees and monthly support for companies hiring additional staff, the initiative balances financial relief with workforce expansion. It not only motivates young professionals to join the private sector but also incentivizes businesses to increase hiring capacity, especially in labor-intensive industries like manufacturing.
The digital-first approach via the UMANG app and official portals ensures transparency and accessibility for all stakeholders. If implemented effectively, PMVBRY could become a cornerstone of India’s vision for Viksit Bharat, paving the way for sustainable growth, robust job creation, and a stronger economy.