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The Ministry of Labour & Employment, Government of India, has officially released the details for the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). This central sector employment-linked incentive scheme is implemented by the EPFO to boost job creation across the country.
The scheme aims to incentivize the creation of more than 3.5 Crore jobs over a period of 2 years. It provides significant financial support directly to first-time employees and their employers to promote formal employment.
| Item | Details |
|---|---|
| Scheme Outlay and Target | An outlay of ₹99,446 Crore to incentivize the creation of more than 3.5 Crore jobs over 2 years. |
| Implementation Period | Applicable to jobs created between 1st August 2025 and 31st July 2027. |
| First-Time Employee Incentive | One-time incentive of up to ₹15,000 paid in two installments. |
| Employer Incentive | Up to ₹3,000 per month per additional employee for 2 years (extended to 4 years for the manufacturing sector). |
| Employee Eligibility | First-time EPF-registered employees with gross monthly wages up to ₹1,00,000 joining between 01.08.2025 and 31.07.2027. |
| Financial Literacy Requirement | Employees must complete a financial literacy program to receive the second installment. |
| Mode of Disbursal | Direct Benefit Transfer (DBT) to Aadhaar-seeded bank accounts for employees, and PAN-linked accounts for employers. |
The government has approved a total outlay of ₹99,446 Crore for the implementation of the PM-VBRY scheme. Under this initiative, first-time employees will receive a one-time incentive of up to ₹15,000, which will be paid in two installments.
Additionally, employers will receive an incentive of up to ₹3,000 per month per additional employee for a period of 2 years. For the manufacturing sector, this employer incentive is extended for up to 4 years to encourage industrial job creation.
To qualify for the benefits under this scheme, employees must meet specific criteria:
All incentives will be disbursed through Direct Benefit Transfer (DBT) directly to Aadhaar-seeded bank accounts for employees, and PAN-linked accounts for employers.
The total financial outlay for the Pradhan Mantri Viksit Bharat Rozgar Yojana is ₹99,446 Crore.
First-time EPF-registered employees with gross monthly wages up to ₹1,00,000 are eligible.
First-time employees receive a one-time incentive of up to ₹15,000, which is paid in two installments. The second installment requires the completion of a financial literacy program.
Sources and verification: every date and number in this article was checked against the official website/notice of Ministry of Labour & Employment, Government of India on 24 October 2026. Read the official notice before applying or taking any decision.


