Archive · 25 Jul 2025
India Launches Rozgar Yojana to Boost Employment, Starting August 1
The government is starting a new program called PM Viksit Bharat Rozgar Yojana to help create jobs.
The goal is to get over 3.5 crore people employed in the next two years.
The program helps new employees by giving them money related to their retirement funds.
It also helps companies that hire more people, especially in manufacturing.
This new plan is meant to encourage more jobs and boost the economy.
The PM Viksit Bharat Rozgar Yojana (PM-VBRY) will launch August 1.
The scheme aims to create over 3.5 crore jobs in two years.
Part A targets first-time employees with EPF incentives.
Part B supports employers creating new jobs with incentives.
The scheme focuses on the manufacturing sector.
- Who
- The scheme aims to benefit first-time employees and employers.
- What
- PM Viksit Bharat Rozgar Yojana (PM-VBRY) will launch, an employment incentive scheme.
- When
- The scheme will come into effect from August 1.
- Where
- Throughout the country.
- Why
- To incentivize the creation of new jobs and accelerate economic growth.
- Scheme Name
- PM Viksit Bharat Rozgar Yojana (PM-VBRY)
- Effective Date
- August 1
- Job Creation Goal
- Over 3.5 crore
- Duration
- 2 years
- Outlay
- Rs 99,446 Crore
- Focus Sector
- Manufacturing