Archive · 5 Sep 2025
India Launches New Job Scheme to Empower Youth and Employers
The Indian government is starting a new program to help young people and businesses.
Called the Pradhan Mantri Viksit Bharat Rozgar Yojana, it will cost a lot of money and aims to create millions of jobs.
The plan gives money to new employees, up to ₹15,000, and helps businesses by giving them money for each new employee they hire, up to ₹3,000 per month.
The government wants to create many jobs, especially in manufacturing, to help the country grow.
The program also wants to make sure workers are part of the official system, which gives them more protection and helps the economy grow stronger.
The Pradhan Mantri Viksit Bharat Rozgar Yojana is a ₹1 lakh crore initiative.
It aims to create 3.5 crore jobs, with 2 crore for first-time workers.
New employees will receive up to ₹15,000 in financial support.
Employers hiring new staff can get up to ₹3,000 per hire per month.
The scheme focuses on the manufacturing sector and formalizing the workforce.
- Who
- Indian government, employers, and first-time employees.
- What
- The Pradhan Mantri Viksit Bharat Rozgar Yojana, a new job creation and support scheme.
- When
- Proposed in Budget 2024-25.
- Where
- India
- Why
- To address youth employability, boost enterprise competitiveness, and support the transition to a formal economy.
- Scheme Name
- Pradhan Mantri Viksit Bharat Rozgar Yojana
- Total Investment
- ₹1 lakh crore
- Targeted Jobs
- 3.5 crore
- Jobs for New Entrants
- 2 crore
- Employee Incentive
- Up to ₹15,000 (in installments)
- Employer Incentive
- Up to ₹3,000 per hire per month
- Focus Sector
- Manufacturing