Archive · 25 Jul 2025
New Job Scheme Offers Rs 15,000 to First-Time Employees
Imagine a new plan to help people starting their first jobs.
The government is helping these workers by giving them some extra money, up to 15,000 rupees, split into two parts.
To get the second part, they need to work for a year and learn about saving money.
It also helps companies hire more people, especially in factories, by giving them money for each new worker.
This plan hopes to create a lot of new jobs in the next few years.
First-time employees registered with EPFO to earn Rs 15,000 from August 1 under the PM-VBRY.
The scheme, with a Rs 99,446 crore outlay, offers a one-month EPF wage up to Rs 15,000 in two installments.
The first installment is paid after six months of service, and the second after 12 months and completion of financial literacy.
The scheme incentivizes employers to create new employment, with benefits for new jobs across sectors.
PM-VBRY aims to create over 3.5 crore jobs in two years, with benefits for jobs created between August 1, 2025, and July 31, 2027.
- Who
- First-time employees registered with EPFO and employers.
- What
- The PM Viksit Bharat Rozgar Yojana, offering financial incentives for first-time employees and employers.
- When
- The scheme starts August 1st, 2025, with benefits for jobs created between August 1, 2025, and July 31, 2027.
- Where
- New Delhi
- Why
- To incentivize job creation and encourage savings.
Workers' Perspectives
Employers' Perspectives
Financial Impact
Workers' Perspectives
Potentially positive for income.
Employers' Perspectives
Dependent on financial literacy.
- Scheme Name
- PM Viksit Bharat Rozgar Yojana (PM-VBRY)
- Wage Amount
- Up to Rs 15,000
- Instalment
- Two installments
- Eligibility
- First-time employees registered with EPFO
- Employer Incentives
- Up to Rs 3,000 per month for two years, for each additional employee.
- Outlay
- Rs 99,446 crore
- Target Job Creation
- Over 3.5 crore jobs in 2 years