Pradhan Mantri Viksit Bharat Rozgar Yojana Context: Indian Prime Minister stated that the Pradhan Mantri Viksit Bharat Rozgar Yojana will generate new employment opportunities for about 3.5 crore youth. About Pradhan Mantri Viksit Bharat Rozgar Yojana It is a national employment-linked incentive scheme to promote job creation in formal sectors, especially manufacturing, as part of the Viksit Bharat initiative. Launch Date: Effective from 1st August 2025 Administered By: Ministry of Labour and Employment through Employees Provident Fund Organisation (EPFO). Implementation Period: 2025–2027 Key Features of PM-VBRY: o Part A: Benefits for First Time Employees It targets first-time employees registered with Employees' Provident Fund Organisation (EPFO). One-month EPF wage up to Rs 15,000 in two instalments. o Part B: Benefits for Employers Creating Jobs Employers will receive incentives in respect of new employees with salaries up to Rs 1 lakh. Up to Rs 3000 per month, for two years, for each additional employment, sustained for at least six months.
