Archive · 1 Aug 2025
PMVBRY Awareness Session Held in Bengaluru
Imagine a program called PMVBRY that helps people get their first jobs.
It's like a special plan that gives money to companies when they hire someone who's new to the workforce, because companies sometimes worry about costs like training or paying a low-skilled worker.
The officials discussed how this program can help cover costs associated with getting a job.
Employers can receive financial incentives to help with these initial expenses.
This support helps both the new employees and the companies that hire them.
An awareness session on PMVBRY was held in Bengaluru by the Bangalore Chamber of Industry and Commerce (BCIC).
PMVBRY aims to support first-time job seekers, addressing perceived skill gaps and high initial costs.
Employers receive incentives, either 10% of wages (up to Rs 10,000) or a flat Rs 3,000 per month.
Incentives are available for two years across all sectors and four years in manufacturing.
Unemployment rates among first-time job seekers are higher than the national average.
- Who
- Salil Sankar, Pavan Jasti
- What
- An awareness session on the Pradhan Mantri Viksit Bharath Rozgar Yojana (PMVBRY)
- When
- Thursday
- Where
- Bengaluru, India
- Why
- To increase awareness of PMVBRY and its implementation.
- Scheme Name
- Pradhan Mantri Viksit Bharath Rozgar Yojana (PMVBRY)
- Organized By
- Bangalore Chamber of Industry and Commerce (BCIC)
- Location
- Bengaluru
- Key Speakers
- Salil Sankar, Pavan Jasti
- Employer Incentive
- 10% of wages (up to Rs 10,000) or a flat Rs 3,000 per month
- Incentive Duration
- Two years (all sectors), four years (manufacturing)
- Focus
- First-time job seekers
