PM-VBRY is a dual-benefit scheme that offers financial incentives to First-time employees and employers (representative image-Freepik)
India’s economic landscape is undergoing a transformative shift, and at the heart of this change is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). Launched on August 1, 2025, this ambitious employment-linked incentive scheme is designed to generate 3.5 crore formal jobs over two years, with a special focus on empowering first-time jobseekers and incentivizing employers to expand their workforce.
With a budget outlay of ₹99,446 crore, PM-VBRY is more than just a policy, it’s a strategic intervention to boost formal employment, support small and medium enterprises, and strengthen India’s manufacturing sector.
Table of Contents
What Is PM-VBRY?
PM-VBRY is a dual-benefit scheme that offers financial incentives to:
- First-time employees registered with EPFO (Employees’ Provident Fund Organisation)
- Employers who hire new workers and retain them for a minimum period
The scheme replaces the earlier Employment Linked Incentive (ELI) and aligns with the broader Viksit Bharat Mission, which envisions a developed India by 2047.
Benefits for First-Time Employees
Eligibility Criteria
- Must be registered with EPFO
- Monthly salary should be ≤ ₹1 lakh
- Must be between 18 and 35 years old
- Should be entering the workforce for the first time
Incentive Structure
- ₹15,000 disbursed in two installments:
- First installment after 6 months of continuous employment
- Second installment after 12 months + completion of a financial literacy course
- A portion of the incentive is deposited in a savings instrument, promoting long-term financial discipline
How to Apply
- Register with EPFO via the UMANG App or EPFO Portal
- Complete UAN Face Authentication using the Aadhaar Face RD App
For a step-by-step guide, visit DictumNet’s PM-VBRY walkthrough
Benefits for Employers
Eligibility Criteria
- Must be EPFO-registered
- Must hire:
- At least 2 new employees (if <50 employees)
- At least 5 new employees (if ≥50 employees)
- New hires must be retained for at least 6 months
Incentive Structure
| EPF Wage Slab | Monthly Incentive per Employee |
| Up to ₹10,000 | ₹1,000 |
| ₹10,001–₹20,000 | ₹2,000 |
| ₹20,001–₹1,00,000 | ₹3,000 |
- Incentives are paid for 2 years, extended to 4 years for the manufacturing sector
- Payments are made to the PAN-linked bank account of the employer
How to Apply
- Employers must register new hires with EPFO
- Maintain employment records for verification
- Submit claims via the EPFO Employer Portal
For official documentation, refer to the EPFO press release PDF
Scheme Objectives
- Boost formal employment across sectors
- Support MSMEs in scaling operations
- Promote financial literacy among youth
- Strengthen social security through EPFO coverage
- Accelerate manufacturing growth under the Make in India initiative
Why PM-VBRY Matters
🔹 For Jobseekers
- Eases the transition into formal employment
- Offers financial support and savings
- Encourages long-term career planning
🔹 For Employers
- Reduces hiring costs
- Encourages workforce expansion
- Supports compliance with labor laws
🔹 For the Nation
- Drives inclusive economic growth
- Reduces unemployment
- Enhances productivity and innovation
Implementation Timeline
| Phase | Duration | Key Milestones |
| Launch | Aug 1, 2025 | Scheme rollout |
| Phase 1 | Aug 2025 – Jul 2026 | Initial job creation |
| Phase 2 | Aug 2026 – Jul 2027 | Extended incentives for manufacturing |
Additional Resources
- PM-VBRY Overview on Sarkari Yojana
- Government Notification on CivilsDaily
- Application Guide for Employers & Employees
- News18 Coverage on PM-VBRY Benefits
- EPFO Awareness Session Summary
Final Thoughts
The Pradhan Mantri Viksit Bharat Rozgar Yojana is a bold step toward building a resilient, inclusive, and future-ready workforce. By bridging the gap between education and employment, and by supporting businesses in hiring fresh talent, PM-VBRY lays the foundation for a Viksit Bharat, a developed India that thrives on opportunity, innovation, and empowerment.
Whether you’re a young graduate stepping into your first job or an entrepreneur looking to expand your team, PM-VBRY offers the tools and incentives to make your journey smoother and more rewarding.
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