Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY): Online Apply Details, Eligibility & Benefits

Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY): Online Apply Details, Eligibility & Benefits

The Government of India has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) to boost job creation, encourage first-time employment, and support employers in expanding their workforce. The scheme, which came into effect on August 1, 2025, will run till July 31, 2027 and aims to generate 3.5 crore jobs across the country. With a massive budget allocation of ₹99,446 crore, the program is a key initiative under the government’s vision of a Viksit Bharat (Developed India).

Objectives of PM-VBRY

Scheme Components

PM-VBRY has two key components that cover both employees and employers:

1. For First-Time Employees

  • Eligibility:

    • Must be registered with EPFO for the first time after August 1, 2025.

    • Monthly wage should not exceed ₹1 lakh.

  • Incentive:

    • Equivalent to one month’s EPF wage (maximum ₹15,000).

    • Paid in two installments:

      • First after 6 months of continuous service.

      • Second after 12 months plus successful completion of a financial literacy course.

  • Disbursement: Money is transferred directly to the employee’s Aadhaar-linked bank account through DBT (Direct Benefit Transfer).

2. For Employers

  • Eligibility:

    • Must be registered with EPFO.

    • Required to hire at least 2 new employees (if establishment size is under 50 workers) or 5 new employees (if above 50).

  • Incentive Slabs:

    • For employees earning up to ₹10,000/month → ₹1,000 per month incentive.

    • For ₹10,001 – ₹20,000/month → ₹2,000 per month incentive.

    • For ₹20,001 – ₹1,00,000/month → ₹3,000 per month incentive.

  • Duration: Benefits available for 2 years in most sectors and up to 4 years in manufacturing.

  • Payment Mode: Incentive amount is credited directly to the employer’s PAN-linked bank account.

apply imgeOnline Apply Process

The application process differs for employees and employers.

A. For First-Time Employees

No separate application is required. The system automatically tracks eligibility through EPFO payroll records. Employees just need to:

  1. Ensure their UAN is activated and linked with Aadhaar.

  2. Stay continuously employed for at least 6–12 months.

  3. Complete the financial literacy course to claim the second installment.

B. For Employers

Employers need to register online with EPFO to avail incentives. Steps are:

  1. Visit the EPFO Employer Portal and log in.

  2. Register your establishment with PAN, GSTIN, TAN, and bank account details.

  3. Submit the employee details of new hires from August 1, 2025 onwards.

  4. File ECR (Electronic Challan-cum-Return) every month to confirm contributions.

  5. The verified incentive amount will be credited directly to your bank account.

Benefits of PM-VBRY

  • Youth Empowerment: First-time employees gain financial support and job stability.

  • Employer Motivation: Reduced wage burden encourages industries to expand their workforce.

  • Formal Employment Growth: More workers come under EPFO coverage.

  • Economic Boost: By creating over 3.5 crore jobs, the scheme is expected to stimulate both industrial growth and rural employment.

  • Skill Development: The financial literacy component ensures that employees learn to manage money effectively.

Conclusion

The Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) is a landmark initiative that addresses both the supply and demand side of employment. For employees, it offers a financial cushion and security during their first job. For employers, it provides direct monetary incentives for hiring more workers. With a simple, EPFO-based online application process, both employees and employers can easily benefit from the scheme.

By bridging the gap between job seekers and job creators, PM-VBRY is not just a short-term employment scheme but a significant step toward building a self-reliant and developed India.

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