{"id":59614,"date":"2025-06-20T10:10:50","date_gmt":"2025-06-20T04:40:50","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=59614"},"modified":"2026-06-20T10:26:05","modified_gmt":"2026-06-20T04:56:05","slug":"pradhan-mantri-viksit-bharat-rozgar-yojana","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/pradhan-mantri-viksit-bharat-rozgar-yojana\/","title":{"rendered":"Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), Features"},"content":{"rendered":"<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"dee0fbb4-29fc-4339-bea1-53e3b16f4347\" data-message-model-slug=\"gpt-5-5\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"314\" data-is-last-node=\"\" data-is-only-node=\"\">Prime Minister <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Narendra Modi<\/span><\/span> recently disbursed <strong data-start=\"91\" data-end=\"107\">\u20b92,400 crore<\/strong> under the <strong data-start=\"118\" data-end=\"174\">Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)<\/strong> to around <strong data-start=\"185\" data-end=\"217\">15 lakh first-time employees<\/strong>, marking a major step towards promoting formal employment and social security coverage in India.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2><b>Pradhan Mantri Viksit Bharat Rozgar Yojana<\/b><\/h2>\n<p><strong data-start=\"0\" data-end=\"56\" data-is-only-node=\"\">Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)<\/strong> is a flagship employment generation scheme launched by the Government of India to encourage job creation in the formal sector. The scheme provides financial incentives to employers and first-time employees, promoting increased enrollment in the Employees&#8217; Provident Fund Organisation (EPFO). It aims to boost employment opportunities, strengthen social security coverage, and support the vision of a developed India by 2047.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It provides direct cash incentives to eligible employees and employers to boost formal job creation.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Aim:<\/b><span style=\"font-weight: 400;\"> The scheme aims to support <\/span><b>creation of over 3.5 crore jobs in two years.<\/b><\/li>\n<\/ul>\n<h2><b>Pradhan Mantri Viksit Bharat Rozgar Yojana Key Features<\/b><\/h2>\n<ul>\n<li aria-level=\"1\"><b>Part A \u2013 Support to First-Time Employees<\/b>\n<ul style=\"list-style-type: circle;\">\n<li><span style=\"font-weight: 400;\">Targeting first-time employees registered with EPFO, this Part will offer one-month EPF wage up to <strong>Rs 15,000 in two installments.<\/strong><\/span><\/li>\n<li><span style=\"font-weight: 400;\">Employees with <\/span><b>salaries up to Rs 1 lakh<\/b><span style=\"font-weight: 400;\"> will be eligible for the incentives. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">The <strong>1st instalment<\/strong> will be payable after 6 months of service and the 2nd instalment will be payable after 12 months of service and completion of a financial literacy programme by the employee.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">To encourage the habit of saving, a portion of the incentive will be kept in a savings instrument or deposit account for a fixed period and can be withdrawn by the employee at a later date.<\/span><\/li>\n<\/ul>\n<\/li>\n<li aria-level=\"1\"><b>Part B \u2013 Incentives for Employers<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">This part will encourage generation of additional employment in all sectors, with a special focus on the <\/span><b>manufacturing sector.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">The employers will get incentives in respect of\u00a0 new employees with salaries up to Rs 1 lakh. <\/span><\/li>\n<li><span style=\"font-weight: 400;\">The Government will incentivize employers, up to <strong>Rs 3000 per month, for two years<\/strong>, for each additional employment, sustained\u00a0 for at least six months.<\/span><\/li>\n<li><b>For the manufacturing sector<\/b><span style=\"font-weight: 400;\">, incentives will be extended to <\/span><b>the 3rd and 4th\u00a0 years as well.<\/b><\/li>\n<li><b>Incentive Payment Mechanism: <\/b><span style=\"font-weight: 400;\">All payments to the First Time Employees under Part A of the Scheme will be made through <\/span><b><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/direct-benefit-transfer-dbt\/\" target=\"_blank\">DBT<\/a> (Direct Benefit Transfer)<\/b><span style=\"font-weight: 400;\"> mode using <\/span><b>Aadhar Bridge Payment System (ABPS).<\/b><span style=\"font-weight: 400;\"> Payments to the Employers under <\/span><b>Part B will be made directly into their PAN-linked Accounts.<\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Pradhan Mantri Viksit Bharat Rozgar Yojana provides direct cash incentives to eligible employees and employers to boost formal job creation. Read more about Pradhan Mantri Viksit Bharat Rozgar Yojana, Aim, Application, Eligibility, News<\/p>\n","protected":false},"author":24,"featured_media":59659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[2209,21,22,23],"class_list":{"0":"post-59614","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-studies","8":"tag-pradhan-mantri-viksit-bharat-rozgar-yojana","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/59614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=59614"}],"version-history":[{"count":2,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/59614\/revisions"}],"predecessor-version":[{"id":108946,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/59614\/revisions\/108946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/59659"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=59614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=59614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=59614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}