Union Labour and Employment Minister Mansukh Mandaviya has called on employers across India to actively participate in the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), a central sector scheme aimed at incentivizing job creation and formal employment.
Speaking at a media interaction following the launch of the scheme’s official portal, Mansukh emphasized that the ₹1 lakh crore initiative is designed to generate over 3.5 crore jobs between August 1, 2025, and July 31, 2027.
“The scheme is a historic step toward building a developed India. It opens doors of opportunity for millions of young Indians and strengthens the social security net while boosting India’s growth story,” Mansukh said.
Scheme Structure: Dual Incentives for Employees and Employers
The PMVBRY is structured into two components—Part A for first-time employees and Part B for employers.
Under Part A, eligible employees with gross monthly wages up to ₹1 lakh will receive a one-time incentive equivalent to their average one-month wage (Basic + DA), capped at ₹15,000.
This will be disbursed in two instalments: the first after six months of continuous employment, and the second after 12 months, contingent on completion of a financial literacy module.
Part B offers financial incentives to employers who generate sustained employment. Employers will receive up to ₹3,000 per month for each additional employee (including first-timers and re-joinees) retained for at least six months.
These incentives will be paid for two years across most sectors, and up to four years for manufacturing establishments.
Employers with fewer than 50 employees must hire at least two additional workers to be eligible.
Those with 50 or more employees are required to add five new workers to qualify.
Exempted establishments under the EPF & MP Act are also eligible to participate in the scheme.
However, they must file returns and generate Universal Account Numbers (UANs) for all employees to qualify.
Digital Access and Registration Process
To streamline access, the government has launched two dedicated portals—pmvbry.epfindia.gov.in and pmvbry.labour.gov.in—where employers and employees can register.
First-time employees must generate their UAN using Face Authentication Technology available on the UMANG App.
All payments will be made via Direct Benefit Transfer (DBT) using the Aadhaar Bridge Payment System.
Mansukh stressed that procedural formalities have been simplified to encourage mass adoption.
“Labour and industry are two sides of the same coin. Both must work in close coordination for the greater good of the nation’s workforce and economy,” he said during a virtual meeting with state labour and industry ministers.
States Urged to Align Local Schemes with PMVBRY
The Centre has urged private employers to support the PMVBRY initiative.
It has also asked state governments to align their employment-oriented programs with the scheme to prevent duplication and enhance overall impact.
The scheme is viewed as a strategic extension of the Production Linked Incentive (PLI) program.
It places greater emphasis on formal job creation and expanding social security coverage.
Ministry officials confirmed that the first instalments under the scheme will be disbursed after six months of verified employment.
They also stated that the initiative is expected to significantly improve employability, especially in manufacturing and service sectors.
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