Introduction – More Than Just Jobs
The Independence Day of 2025 marked a milestone in India’s growth story. At the Red Fort, Prime Minister Modi unveiled the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) — a transformative ₹1 lakh crore initiative aimed at catalyzing 3.5 crore new formal jobs over two years. But this is not just about employment; it’s about security, dignity, and opportunity for India’s youth and businesses. (The Economic Times, Press Information Bureau, The Times of India)
What is PM-VBRY?
PM-VBRY is a game changer with its dual-incentive model:
- Part A – For First-Time Employees
- Eligible individuals (earning up to ₹1 lakh/month) receive ₹15,000 in two installments after 6 and 12 months of employment. Completing a financial literacy program unlocks the second installment. Plus, part of the incentive is directed into a savings instrument to cultivate financial discipline. (Press Information Bureau, The Times of India, Drishti IAS, Jagranjosh.com)
- Part B – For Employers
- Employers hiring additional staff get ₹3,000 per month per new employee for 2 years. Manufacturing sector employers enjoy incentives up to 4 years. The scheme targets the creation of ~2.6 crore new jobs. (Press Information Bureau, Drishti IAS, Jagranjosh.com)
At a Glance
| Feature | Details |
|---|---|
| Outlay | ₹1 lakh crore |
| Duration | 1 Aug 2025 – 31 Jul 2027 |
| Job Target | Over 3.5 crore formal jobs |
| Employee Incentive | ₹15,000 total (in two parts) |
| Employer Incentive | ₹3,000/month per new hire (extended for manufacturing) |
| Impact Scope | Youth entering formal workforce + Businesses expanding jobs |
| Implementation | Digital-first: EPFO, UAN, UMANG, DBT, ABPS |
| Source | (The Economic Times, Press Information Bureau, mint) |
Why It Matters: Real Impact
For Youth:
Secure your first job and get help through the initial months. You grow financially and learn how to save — a stepping stone for long-term security and growth.
For Employers:
Hiring is costly. PM-VBRY eases that burden, allowing you to invest more in your business and workforce.
For India:
This is more than an employment scheme—it’s formalizing the workforce, expanding social security, and boosting economic momentum. Initial figures from Uttar Pradesh show a 6–8% rise in formal jobs and 94,000+ new UANs issued, targeting sustainable job growth. (The Times of India)
Who Can Benefit?
Employees:
- Must join EPFO-registered private sector jobs between 1 Aug 2025 – 31 Jul 2027.
- Should be first-time EPFO contributors.
- Salary must not exceed ₹1 lakh/month.
- Must stay employed for 6 months to get the first installment; second installment follows after 12 months + financial literacy. (The Times of India, Hindustan Times)
Employers:
- Must be EPFO-registered.
- Hire at least 2 new workers (if under 50 employees) or 5 (if above 50).
- Incentives apply for sustained employment of at least 6 months; extended period incentivizes manufacturing. (Jagranjosh.com, Hindustan Times, mint)
Payments:
- Employees via DBT using Aadhaar Bridge Payment System (ABPS).
- Employers via direct credit into PAN-linked bank accounts. (Press Information Bureau, Hindustan Times)
How to Join the Program
- Employees must generate UAN via the UMANG App using Face Authentication (FAT).
- Employers should register on EPFO’s PMVBRY portal (pmvbry.epfindia.gov.in or labor.gov.in).
- Ensure all contributions and filings (like ECR) are accurate—errors could lead to disqualification. (Angel One, Navbharat Times)
Read more:
❓ Frequently Asked Questions (FAQs) – PM Viksit Bharat Rozgar Yojana 2025
Q1. What is the PM Viksit Bharat Rozgar Yojana (PM-VBRY)?
The PM-VBRY is a central government scheme launched in August 2025 with an outlay of ₹1 lakh crore. It aims to create 3.5 crore new formal jobs by incentivizing both employees and employers through Direct Benefit Transfer (DBT).
Q2. Who is eligible under Part A (Employees)?
-
First-time employees joining an EPFO-registered private sector job between 1 Aug 2025 – 31 Jul 2027.
-
Salary must not exceed ₹1 lakh/month.
-
Must remain employed for at least 6 months for the first ₹7,500 installment.
-
Second installment of ₹7,500 is released after 12 months + financial literacy program.
Q3. Who is eligible under Part B (Employers)?
-
Employers must be registered with EPFO.
-
Must hire at least 2 new employees (if less than 50 workers) or 5 new employees (if more than 50).
-
Will receive ₹3,000 per month per new employee for 2 years (extended to 4 years for manufacturing sector employers).
Q4. How much financial benefit will employees get under PM-VBRY?
Eligible employees will receive ₹15,000 in total:
-
₹7,500 after 6 months of employment.
-
₹7,500 after 12 months + completion of financial literacy training.
Q5. How much incentive do employers receive?
Employers will get ₹3,000 per month per new employee directly credited to their PAN-linked bank account for up to 2 years. Manufacturing units can receive incentives for up to 4 years.
Q6. How will the payments be made?
-
Employees: Direct Benefit Transfer (DBT) via the Aadhaar-based Payment System (ABPS).
-
Employers: Direct credit into their PAN-linked bank accounts.
Q7. How can employees apply for PM-VBRY?
Employees must:
-
Generate a UAN (Universal Account Number) through the UMANG App using face authentication (FAT).
-
Ensure their Aadhaar, bank details, and EPFO records are updated and verified.
Final Thoughts – Empowering India’s Workforce
PM-VBRY is a visionary step in building Viksit Bharat. It protects young jobseekers entering the formal sector and offers businesses the incentive to grow responsibly.
At BharatSchemes.com, we are committed to keeping you informed—whether you’re a young professional, entrepreneur, HR head, or policymaker.