What is Pradhan Mantri Viksit Bharat Rozgar Yojana and how it would work – CNBC TV18

Until July 31, 2027, People Securing their first private job will get ₹ 15,000 from the government. Employers will also be incentiveized to hire new employees. Check out the eligibility and benefits under the Pradhan Mantri Viksit Bharat Rozgar Yojana.

What is Pradhan Mantri Viksit Bharat Rozgar Yojana and how it would work
Prime Minister Narendra Modi on Friday (August 15) Announced Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), which would inventivise job seekers to take up evil jobs.

The government will pay 15,000 to anyone who secures their first job in the private sector, Aside from Incentritis Employers too, Until July 31, 2027. The total outlay of the scheme is ₹ 99,446 Crore.

All Salaried Employees Earning Up to ₹ 1 Lakh Per Month Are Eligible for the Scheme. The government aims to create more than 35 million new jobs through this innocent

Under the PM-Vbry, you have to registered under the employees’ Provident Fund Organization (EPFO) to be eligible for the direction

Eligibility conditions:

  • Employee must join an EPFO-Registered Establishment Between August 1, 2025, and July 31, 2027.
  • MUST NOT BE A Member of EPFO or Exampted Trust Before August 1, 2025.
  • EPF Contribution should be received from August 2025 or Later.
  • Monthly Gross Wage must Be ₹ 1 Lakh or Bell.
  • Employee must remain continuously employed in the same establishment for at least six months.

These are the benefits of the Pradhan Mantri Viksit Bharat Rozgar Yojana

Total Incentive: UP to ₹ 15,000

  • First Installment will be paid after 6 months of service.
  • Second Installment will be due after 12 months of service.
  • Second Installment will be deposited in a SAVINGS Instrance to Promote long-term savings.

Who can apply for Pradhan Mantri Viksit Bharat Rozgar Yojana

  • EPFO-Registered and Compliant Establishments
  • Includes Units Exempt Under EPF Act
  • MUST Create New Jobs Above Existing Staff Count
  • If the staff is less than 50, then hire at least two employees
  • If the staff is more or equal to 50, then hire at least five employees

Employer Benefits Under Pradhan Mantri Viksit Bharat Rozgar Yojana

  • UP to ₹ 3,000 per Employee per month based on salary
  • Paid after 6, 12, 18, and 24 months of sustained Employment
  • Incentrites for two years (4 years for manufacturing sector)
  • Direct Benefit Transfer to Pan-Linked Bank Account

How to Claim Benefits Under Pradhan Mantri Viksit Bharat Rozgar Yojana

  • Get Epfo Code Via Shram Suvidha Portal
  • Register on the EPFO Employer login portal
  • Hire new employees with a monthly salary up to ₹ 1 lakh
  • File Monthly ECR Returns with PF Contributes
  • MainTain Additional Staff for at Least Six Months

Ramesh Ghorai is the founder of www.livenewsblogger.com, a platform dedicated to delivering exclusive live news from across the globe and the local market. With a passion for covering diverse topics, he ensures readers stay updated with the latest and most reliable information. Over the past two years, Ramesh has also specialized in writing top software reviews, partnering with various software companies to provide in-depth insights and unbiased evaluations. His mission is to combine news reporting with valuable technology reviews, helping readers stay informed and make smarter choices.

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