Quick Snapshot
| Detail | Info |
| Full Name | PM Viksit Bharat Rozgar Yojana (PM-VBRY) |
| Announced In | Union Budget 2024-25 |
| Cabinet Approved | 1st July 2025 |
| Total Budget | ₹99,446 Crore |
| Jobs Targeted | 3.5 Crore+ new jobs |
| Duration | August 2025 – July 2027 |
| Implemented By | EPFO (Ministry of Labour & Employment) |
| Official Portal | pmvbry.labour.gov.in |
What Is This Scheme?
India has a huge young population over 65% of Indians are below 35 years of age. Every year, millions of young people enter the job market but there aren’t enough formal jobs for everyone.
To fix this, the Government of India launched PM-VBRY as part of its vision of Viksit Bharat @ 2047 making India a developed nation by 2047.
In simple words: The government pays money directly to new employees when they get their first formal job and also pays companies that hire new workers. This makes it easier for businesses to create more jobs.
How Does It Work? : Two Parts
Part A : For New Employees
- Who gets it: Anyone getting their first formal (EPFO-registered) job
- Salary limit: Up to ₹1 lakh per month
- Benefit amount: Up to ₹15,000 paid in 2 instalments
- How it’s paid: Directly to your Aadhaar-linked bank account via DBT
- Condition: You must NOT have been registered with EPFO before
Part B : For Employers (Companies)
- Who gets it: Any EPFO-registered company that creates new jobs
- Benefit amount: Up to ₹3,000 per month per new employee
- Duration: Paid for 2 years per new job created
- How it’s paid: Directly to the company’s PAN-linked bank account
- Focus sector: All sectors, especially labour-intensive manufacturing
Who Is Eligible?
| Category | Eligibility |
| New Employees | First-time EPFO member, salary up to ₹1 lakh/month |
| Employers | EPFO-registered company hiring new staff between Aug 2025 – Jul 2027 |
| Sectors | All sectors; extra focus on manufacturing |
Documents Required
- Aadhaar card (linked to mobile number and bank account)
- Bank account details (Aadhaar-linked savings account)
- PAN card
- EPFO UAN (provided by your employer)
- Offer letter or employment proof
How to Apply : Step by Step
- Visit the official portal: pmvbry.labour.gov.in
- Employers complete a one-time registration on the portal
- New employees must link their Aadhaar to their bank account
- Your employer registers you with EPFO when you join
- Once verified, money is transferred automatically — no middlemen
Frequently Asked Questions
Q. What if I already had an EPFO account from a previous job?
You will NOT be eligible for Part A benefits. This scheme is only for first-time EPFO members. Your employer may still claim Part B benefits for hiring you.
Q. Is there a salary limit?
Yes. For new employees (Part A), your monthly salary must be up to ₹1 lakh at the time of your first EPFO registration.
Q. Will ₹15,000 be paid all at once?
No. It is paid in 2 instalments. The exact schedule will be notified on the official portal.
Q. Which industries benefit the most from Part B?
All sectors are covered, but the scheme especially targets labour-intensive manufacturing to support India’s National Manufacturing Mission.
Q. What is the last date to get benefits?
Jobs must be created between 1st August 2025 and 31st July 2027 to qualify.
Why Does This Matter for You?
If you are a fresh graduate or entering the workforce for the first time, this scheme gives you an extra ₹15,000 simply for getting a formal job.
For businesses, the ₹3,000/month per employee incentive makes hiring more affordable — pushing companies to create more jobs, especially in manufacturing and Tier-2 cities.
Check your eligibility at pmvbry.labour.gov.in today. You could be leaving money on the table.
