Haryana ranks 4th in India under the ₹1 lakh crore Pradhan Mantri Viksit Bharat Rozgar Yojana, launched to create 3.5 crore jobs nationwide.

On August 1, 2025, the Indian government began the Pradhan Mantri Viksit Bharat Rozgar Yojana with the goal of creating jobs nationwide under the Viksit Bharat-2047 vision. Under this initiative, an incentive payment of roughly Rs. 1 lakh crore will be granted to firms and employees for the creation of 3.5 crore new employment. Haryana has overtaken several larger states and taken fourth place in the country as a result of the scheme’s quick and efficient implementation.

Sh. Rajeev Ranjan, Principal Secretary, Labour and Youth Empowerment and Entrepreneurship Department, chaired a meeting to raise awareness of the program in Panchkula. Officers from the departments of technical education, higher education, and employment, as well as ITI beneficiaries who are in charge of career fairs, attended the conference.

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According to Principal Secretary Sh. Rajeev Ranjan, the plan consists of two primary parts. According to the first component, the Government of India will contribute an extra Rs. 15,000 to the employee’s Provident Fund account in two installments if the new hire registers with EPFO between August 1, 2025, and July 31, 2027, and receives a monthly salary of less than Rs. one lakh.

He further noted that the second installment will be linked to a financial literacy curriculum. To claim the benefits under this scheme, the employees must have completed the literacy module for 12 months in an establishment. Employers must register with the Employees’ Provident Fund Organization (EPFO) in order to be eligible for benefits. those with fewer than 50 employees are required to add at least two new jobs, and those with more than 50 employees are required to add five or more new jobs. For a period of two years, enterprises will earn an incentive of up to Rs. 3,000 per employee every month under this initiative. In the construction sector, this incentive will be extended for up to four years instead of two.

The Indian government’s Ministry of Labour and Employment has established an online application portal at pmvbry.epfindia.gon.in and pmvbry.labour.gov.in.

The Principal Secretary further stated that there would be no penalties for filing previous EPF returns if an establishment wanted to benefit from this plan but had not yet filed any EPF reports. He remarked that this is the most successful and useful strategy established so far for encouraging employment.

The conference was also attended by other senior executives, including Dr. Vivek Aggarwal, Director General and Secretary, Skill Development and Industrial Training Department.