Now Reading: PM Viksit Bharat Rozgar Yojana: Rs 99,446 crore scheme details out
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PM Viksit Bharat Rozgar Yojana: Rs 99,446 crore scheme details out
The Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), launched in August 2025, offers employment-linked incentives for salaried workers earning up to Rs 1 lakh per month. The scheme runs from 1 August…
The Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), launched in August 2025, offers employment-linked incentives for salaried workers earning up to Rs 1 lakh per month. The scheme runs from 1 August 2025 to 31 July 2027, with a total outlay of Rs 99,446 crore.
Under Part A, first-time EPF-registered employees can receive a one-time incentive of up to Rs 15,000 in two installments. The first installment is paid after six months of service, and the second after 12 months, following completion of a financial literacy programme. Part B provides employers up to Rs 3,000 per month for each eligible additional employee retained for at least six months, with manufacturing sector employers eligible for four years of support.
Incentives are paid through the Direct Benefit Transfer (DBT) system to Aadhaar-seeded bank accounts. To qualify, an employee must have a monthly salary of up to Rs 1 lakh, join an establishment between 1 August 2025 and 31 July 2027, and not have been a contributing EPF member before 1 August 2025.
Indian Opinion Analysis
The scheme targets first-time salaried workers and their employers, with Rs 99,446 crore allocated over two years. Part A's Rs 15,000 incentive is split into two installments, each capped at Rs 7,500 based on one month's EPF wage, and requires completion of a financial literacy programme for the second installment. Part B supports employers for up to four years in manufacturing, with monthly payments of Rs 3,000 per retained additional employee. Eligibility hinges on EPF registration, salary cap, and continuous service of at least six months. The scheme ends on 31 July 2027.
Source: livemint.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
