PM Viksit Bharat Rozgar Yojana to Launch on August 1: First-Time Workers to Get ₹15,000 Incentive
The Government of India is set to launch a new employment scheme called Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) starting August 1, 2025. This initiative, announced by the Ministry of Labour and Employment, aims to boost job creation and support economic growth by offering incentives to first-time workers and the employers who hire them.
What is PM Viksit Bharat Rozgar Yojana?
This scheme is part of the broader Viksit Bharat mission and focuses on creating jobs in a sustainable and inclusive way, especially in the manufacturing sector. The goal is to create 3.5 crore jobs in two years, with a budget of ₹99,446 crore.
Of these, nearly 1.92 crore individuals are expected to be first-time workers entering formal employment.
Scheme Duration
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Starts: August 1, 2025
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Ends: July 31, 2027
Scheme Benefits
Part A – For First-Time Employees
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First-time jobholders registered under EPFO (Employees’ Provident Fund Organisation) can get up to ₹15,000 in two instalments.
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Monthly salary must be ₹1 lakh or less.
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1st instalment after 6 months of continuous employment.
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2nd instalment after 12 months, along with a basic financial literacy session.
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A part of the amount will be saved in a deposit account, which can be withdrawn later.
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Payment will be made through Direct Benefit Transfer (DBT) using the Aadhar-based payment system.
Part B – For Employers
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Employers hiring new employees (with a monthly salary of ₹1 lakh or less) will get ₹3,000 per employee per month for 2 years.
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In the manufacturing sector, this support will also continue for the 3rd and 4th year.
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To qualify:
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Companies with less than 50 employees must hire at least 2 new workers.
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Companies with 50 or more employees must hire at least 5 new workers.
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New hires must stay on the job for at least 6 months.
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Incentives will be transferred directly to the employer’s PAN-linked account.
Who is Eligible?
Employees:
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Must be joining the workforce for the first time.
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Must be registered with EPFO.
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Monthly salary should be ₹1 lakh or below.
Employers:
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Must be EPFO-registered.
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Must meet the minimum hiring requirement.
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Must retain new employees for at least 6 months.
Summary
The PM Viksit Bharat Rozgar Yojana is a major step toward boosting employment in India. With direct benefits for both workers and employers, the scheme is expected to improve job opportunities, formalise the workforce, and drive long-term growth — especially in key sectors like manufacturing.
