PM Viksit Bharat Rozgar Yojana Launched
The Union government has officially launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), a massive employment scheme aimed at boosting job creation and supporting first-time employees. Approved on July 1, 2025, the Rs 1 lakh crore scheme will run for two years, from August 1, 2025, to July 31, 2027.
The scheme targets the creation of over 3.5 crore new jobs across India, with a strong focus on the manufacturing and services sectors. By offering salary-based incentives, the government hopes to encourage businesses to hire fresh workers and provide financial support to employees entering the workforce.
Salary-Based Incentives Under PMVBRY
The scheme offers monthly incentives for employees based on their salary brackets under Part B of the programme.
- Employees earning up to Rs 10,000 per month will receive Rs 1,000.
- Salaries between Rs 10,000 and Rs 20,000 qualify for Rs 2,000.
- Employees with monthly salaries up to Rs 30,000 will get Rs 3,000.
These benefits aim to provide additional income to workers, especially those in the early stages of their careers. Moreover, the incentives are expected to reduce attrition in industries facing high employee turnover.
How to Avail the Benefits
To access the benefits of PM Viksit Bharat Rozgar Yojana, employees and employers must follow a simple registration process.
- For employees: They can register directly on the official government portal or upload their Universal Account Number (UAN) using the UMANG App.
- For companies: Employers are required to file the electronic challan-cum-return (ECR) and open UANs for all existing and new employees via the UMANG App.
This integration with the Employees’ Provident Fund Organisation (EPFO) ensures transparency and smooth benefit transfer. Additionally, it will bring more workers under formal social security coverage.
Boost for Employment and Industry
The PMVBRY is being hailed as one of the largest job-oriented schemes in recent years. It not only promises direct incentives to employees but also encourages companies to expand their workforce.
Economists believe that the scheme will particularly benefit small and medium enterprises (SMEs) and large-scale manufacturers who often face financial constraints while hiring. Furthermore, the employment boost is expected to contribute significantly to the government’s broader vision of building a Viksit Bharat (Developed India) by 2047.
Industry bodies have welcomed the scheme, calling it a timely step to address job creation challenges in a rapidly growing economy. With India aiming to become the world’s third-largest economy, schemes like PMVBRY are expected to strengthen its human capital base.