Key Takeaways
- The PMVBRY portal is live for registrations.
- Scheme aims to create 3.5 crore jobs in 2 years.
- Outlay: ₹99,446 crore.
- Incentives: ₹15,000 for new employees & ₹3,000/month for employers.
- Implementation via EPFO under the Labour Ministry.
- Special focus on manufacturing sector.
Source: PIB Press Release
The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal has officially gone live, enabling employers and job-seekers to register for the ambitious scheme that Prime Minister Narendra Modi announced during his 12th Independence Day address.
The scheme, cleared by the Union Cabinet on July 1, 2025, comes with a massive outlay of ₹99,446 crore and is designed to generate over 3.5 crore jobs in just two years.
Key Highlights of the Scheme
- Duration: Jobs created between 1st August 2025 and 31st July 2027 will be eligible.
- Financial Incentives for Youth (Employees): Up to ₹15,000 in two instalments through Direct Benefit Transfer (DBT) using Aadhaar-based Payment System (ABPS).
- Support for Employers: Up to ₹3,000 per month per new employee, directly transferred to PAN-linked accounts.
- Targeted Sectors: All sectors covered, with special focus on manufacturing.
- Implementation: Managed by the Ministry of Labour & Employment through the Employees’ Provident Fund Organisation (EPFO).
Employers can now register through the official PMVBRY portal:
For first-time employees, generating a Universal Account Number (UAN) is mandatory, which can be done using Face Authentication Technology (FAT) on the UMANG App.
Benefits of the Scheme
| For Employees | For Employers |
|---|---|
| Formalization of jobs with social security coverage | Helps offset cost of new job creation |
| On-the-job training for first-time workers | Enhances workforce stability & productivity |
| Better employability through sustained employment | Incentivizes social security coverage |
| Development of financial literacy skills | Reduces attrition by offering incentives |
Author
FAQs
What is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)?
It is an employment-linked incentive scheme announced by PM Modi, aimed at generating 3.5 crore jobs in 2 years with an outlay of nearly ₹1 lakh crore.
Who is eligible under the scheme?
New employees joining between 1st August 2025 and 31st July 2027, and employers creating fresh jobs, are eligible.
How much financial support is provided to employees?
Eligible employees will get up to ₹15,000 in two instalments through Direct Benefit Transfer (DBT).
How much incentive is provided to employers?
Employers can receive up to ₹3,000 per month per new employee, directly transferred to their PAN-linked accounts.
How can employers and employees register?
Employers can register at pmvbry.epfindia.gov.in or pmvbry.labour.gov.in. First-time employees must generate a UAN via UMANG App using Face Authentication Technology.
