PM Viksit Bharat Rozgar Yojana 2025: Imagine landing your first job and getting a financial boost to help you settle in, while your employer is rewarded for giving you that opportunity. Sounds like a win-win, right? That’s exactly what the PM Viksit Bharat Rozgar Yojana (PM-VBRY), launching on August 1, 2025, aims to do. This ambitious scheme from the Government of India is all about creating jobs, supporting first-time workers, and helping businesses grow, all while building a stronger, more inclusive economy. Let’s dive into what this scheme is, how it works, and why it matters for millions of Indians.
PM Viksit Bharat Rozgar Yojana 2025
The PM-VBRY is a bold initiative designed to create over 3.5 crore new jobs between August 2025 and July 2027. It’s part of the broader Viksit Bharat (Developed India) vision, which aims to transform India into a developed nation by 2047. The scheme replaces that the earlier Employment is Linked with Incentive (ELI) Scheme and is backed by a massive ₹99,446 crore budget. It’s not just about numbers—it’s about empowering young people entering the workforce, encouraging businesses to hire more, and ensuring financial security for all.
The scheme is managed by the Ministry of Labour and Employment in partnership with the Employees’ Provident Fund Organisation (EPFO). It has two main parts: one for employees and one for employers, making it a unique program that supports both sides of the job market.
Why Does This Scheme Matter?
India is a young nation with a huge workforce, but many young people struggle to find stable, formal jobs. At the same time, businesses, especially small ones, often hesitate to hire more staff due to financial constraints. PM-VBRY tackles these challenges head-on by offering financial incentives, promoting financial literacy, and boosting key sectors like manufacturing. Here’s why it’s a big deal:
- More Jobs: The scheme aims to create millions of formal jobs, reducing unemployment and informal work.
- Support for First-Timers: It helps young people entering the job market for the first time, giving them a financial cushion.
- Boost for Businesses: Employers get rewards for hiring, especially in manufacturing, which is key to India’s economic growth.
- Financial Security: By linking with EPFO, the scheme ensures workers have access to provident fund benefits, securing their future.
- Economic Growth: More jobs mean more spending, which fuels industries and strengthens the economy.
How Does PM-VBRY Work?
The scheme is divided into two parts: Part A for the first-time employees and Part B for the employers. Let’s break it down.
Part A: Incentives for First-Time Employees
If you’re stepping into the formal job market for the first time, PM-VBRY has your back. Here’s what you need to know:
- Who’s Eligible?
- You should be a first-time worker registered with the EPFO.
- Your monthly salary should be ₹1 lakh or less.
- You must not have been an EPFO member or part of an exempted trust before August 1, 2025.
- You need to stay employed with the same employer for at least 6 months for the first incentive and 12 months for the second.
- What Do You Get?
- A financial incentive equal to one month’s EPF wage, up to ₹15,000, paid in two installments:
- First Installment: After 6 months of continuous work, credited directly to your Aadhaar-linked bank account via Direct Benefit Transfer (DBT).
- Second Installment: After 12 months, but only after completing a mandatory financial literacy program. Part of this amount goes into a savings instrument to encourage long-term financial planning.
- Access to EPFO benefits, like provident fund contributions, for greater financial security.
- A financial incentive equal to one month’s EPF wage, up to ₹15,000, paid in two installments:
- Why Financial Literacy?The financial literacy program is a unique feature. It teaches you how to manage money, save for the future, and use digital payments. This ensures you’re not just earning but also building a secure financial future.
Part B: Support for Employers
Employers play a huge role in job creation, and PM-VBRY rewards them for it. Here’s how:
- Who’s Eligible?
- Businesses registered with EPFO.
- Small firms (less than 50 employees) must hire at least 2 new employees.
- Larger firms (50 or more employees) should hire at least 5 new employees.
- New hires should earn up to ₹1 lakh per month and stay employed for at least 6 months.
- What Do Employers Get?
- Monthly incentives based on the employee’s salary:
- Up to ₹10,000/month: 10% of salary or ₹1,000 (whichever is lower).
- ₹10,001–₹20,000/month: ₹2,000.
- Above ₹20,000–₹1 lakh/month: ₹3,000.
- Incentives last for 2 years for most sectors, but 4 years for manufacturing to encourage long-term job creation.
- Payments are made directly to PAN-linked bank accounts for transparency.
- Monthly incentives based on the employee’s salary:
- Why Focus on Manufacturing?Manufacturing is a priority because it creates stable, high-impact jobs. By offering extended incentives, the government aims to boost initiatives like Make in India and reduce reliance on service-based jobs.
How to Get Started with PM-VBRY?
Getting involved is straightforward, but there are some key steps to follow.
For Employees
- Find a Job: Join an EPFO-registered company with a salary up to ₹1 lakh/month.
- Register with EPFO: Your employer will register you as a first-time employee.
- Complete UAN Face Authentication: Use the UMANG App to link your Aadhaar and complete face verification. This is mandatory to access benefits.
- Work for 6 Months: Stay employed to receive your first installment via DBT.
- Complete Financial Literacy Program: After 12 months, finish the program to get your second installment.
For Employers
- Register with EPFO: Ensure your business is EPFO-compliant.
- Hire New Employees: Meet the minimum hiring requirement (2 or 5, depending on your firm’s size).
- Submit Details: Provide PAN, GSTIN, and timely Electronic Challan-cum-Return (ECR) filings.
- Apply for Incentives: Register on the EPFO portal starting August 1, 2025, to receive monthly payments.
Awareness camps, like Nidhi Aapke Nikat 2.0 (starting July 28, 2025), will help both employees and employers check eligibility and learn more.
What is New in the PM-VBRY?
PM-VBRY isn’t just about jobs—it’s about transforming India’s workforce and economy. Here’s how it makes a difference:
- Formalising the Workforce: By encouraging EPFO registration, the scheme brings more workers into the formal sector, giving them access to social security benefits.
- Empowering Youth: With 1.92 crore jobs aimed at first-time workers, young Indians get a chance to kickstart their careers.
- Boosting Manufacturing: Extended incentives for manufacturing support India’s goal of becoming a global industrial hub.
- Promoting Financial Inclusion: The financial literacy program and savings component help workers build a secure future.
- Driving Economic Recovery: More jobs mean more income, which boosts consumer spending and fuels economic growth.
Challenges to Watch Out
While PM-VBRY is promising, there are a few hurdles to keep in mind:
- Awareness: Many workers and small businesses, especially in rural areas, may not know about the scheme. Awareness campaigns will be critical.
- Compliance: Employers must submit timely ECR filings and complete UAN face authentication, which could be challenging for smaller firms.
- Balanced Growth: While manufacturing is a focus, other sectors like services and technology also need support to ensure inclusive growth.
- Timely Payments: Ensuring smooth and timely disbursal of incentives will be key to building trust in the scheme.
Conclusion
The PM Viksit Bharat Rozgar Yojana is more than just a job creation program—it’s a vision for a stronger, more inclusive India. By supporting first-time workers and employers, it lays the foundation for financial security, industrial growth, and economic prosperity. Whether you’re a young job seeker or a business owner looking to expand, PM-VBRY offers a golden opportunity to be part of India’s journey toward becoming a developed nation by 2047.
If you’re eligible, mark your calendar for August 1, 2025, and get ready to register through the EPFO portal. Keep an eye out for awareness camps like Nidhi Aapke Nikat 2.0 to learn more. Let’s work together to build a brighter, more employed, and financially secure India!