Archive · 25 Jul 2025
Government to Launch Employment Incentive Scheme from August 2025
The government is starting a new program called PM Viksit Bharat Rozgar Yojana to help create lots of new jobs.
It starts in August 2025 and aims to make over 3.5 crore jobs in two years.
The government will give money to companies that hire new employees, especially in manufacturing.
The program has two parts: one for new workers and another for employers.
New workers can get some money saved, while employers can get incentives for hiring new people.
The PM Viksit Bharat Rozgar Yojana (PMVBRY) will begin on August 1, 2025.
The scheme aims to create over 3.5 crore jobs within two years.
The scheme is designed to incentivize job creation across various sectors, with a special emphasis on the manufacturing sector.
Part A targets first-time employees with EPF registration and salaries up to Rs 1 lakh, offering a one-month EPF wage.
Part B focuses on employers, providing incentives of up to Rs 3000 per month for each new employee for two years.
- Who
- The Labour Ministry and the Indian government.
- What
- The PM Viksit Bharat Rozgar Yojana (PMVBRY), an employment-linked incentive scheme.
- When
- Starts on August 1, 2025.
- Where
- India.
- Why
- To incentivize job creation and accelerate economic growth.
- Scheme Name
- PM Viksit Bharat Rozgar Yojana (PM-VBRY)
- Start Date
- August 1, 2025
- Goal
- Create over 3.5 crore jobs in 2 years
- Total Outlay
- Rs 99,446 crore
- Part A Focus
- First-time employees
- Part B Focus
- Employers