What is This Scheme?
Prime Minister Modi announced a big employment scheme on Independence Day (August 15, 2025) to help young people get jobs and help companies hire more workers.
Simple Explanation:
- If you get your first job, government gives you ₹15,000
- If companies hire new workers, government gives them money too
- This helps create 3.5 crore new jobs in India
Scheme Name: Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)
Who Gets Money and How Much?
If You Are Looking for Your First Job:
You Get: Up to ₹15,000 from government (FREE money!)
When You Get It:
- ₹7,500 after working for 6 months
- ₹7,500 after working for 1 year + completing online course
Condition: Your salary should be less than ₹1,00,000 per month
If You Are a Company Owner:
You Get: Government pays you ₹1,000 to ₹3,000 per month for each new worker you hire
How Long:
- 2 years support for most businesses (services, IT, retail, etc.)
- 4 years support if you have manufacturing/factory business (special benefit for Make in India)
Am I Eligible? (Simple Check)
For Job Seekers:
✅ Never had EPF account before August 1, 2025 ✅ Salary less than ₹1 lakh per month
✅ Work continuously for 6 months minimum ✅ No age limit (any age can apply) ✅ Any education level (no minimum qualification)
For Employers/Companies:
✅ Registered with EPF (Employee Provident Fund) ✅ Small company (less than 50 workers): Hire minimum 2 new people ✅ Big company (50+ workers): Hire minimum 5 new people
✅ Pay salary less than ₹1 lakh to new employees
How to Apply – Step by Step
For Job Seekers (Easy Process):
Good News: No separate application needed!
- Get a job at any EPF-registered company
- Company will create your EPF account automatically
- Link your Aadhaar to bank account
- Download UMANG app and create UAN using face scan technology (this is mandatory for verification)
- Complete financial literacy course on EPF website after 6 months (required for second installment)
That’s it! No forms to fill.
For Company Owners:
- Visit website: pmvbry.epfindia.gov.in OR pmvbry.labour.gov.in
- Register your company (one-time process)
- Hire new workers and register them with EPF
- Submit monthly reports to EPF office
- Get money every 6 months in your company account
Documents You Need
Job Seekers Need:
- Aadhaar Card
- Bank account linked to Aadhaar
- PAN Card
- Mobile number
- Email ID
- Appointment letter from company
Company Owners Need:
- Company PAN Card
- GST Certificate
- EPF registration
- Bank account details
- New employee details
Important Websites and Contact
Official Websites:
- www.pmvbry.epfindia.gov.in
- www.pmvbry.labour.gov.in
Help Phone Number: 1800-180-1850 (Free call, 24/7 support)
Office Address: EPFO Head Office, Plate A Ground Floor, Office Block-II, East Kidwai Nagar, New Delhi – 110023
Coverage: This scheme works in all states and union territories of India – no location restrictions
Website is live since: August 19, 2025
Key Benefits – Why This is Good for You
For Job Seekers:
- Free ₹15,000 – no loan, no return needed
- Better job security with EPF benefits
- Skill development through financial literacy course
- No age restriction – anyone can benefit
- Higher salary limit (₹1 lakh) compared to old schemes
For Companies:
- Government pays for hiring new people
- Reduces hiring costs significantly
- Special benefits for manufacturing (4 years support)
- All sectors can participate
- Easy online process
Which Sectors/Industries are Covered?
All types of businesses can participate:
- Manufacturing/Factories ⭐ (gets 4-year benefits)
- IT Companies
- Banks and Finance
- Retail/Shopping
- Hospitals/Healthcare
- Schools/Education
- Restaurants/Hotels
- Small businesses/Shops
- Startups
Only condition: Must be registered with EPF
What is Financial Literacy Course?
For second installment of ₹7,500, you must complete an online course:
How to Access:
- Login to EPF website using your UAN number and registered mobile
- Go to “My Dashboard” section
- Click on “Learning Section”
- Select “Financial Literacy for ELI Members”
- Watch all video modules (usually takes 2-3 hours)
- Get certificate automatically after completion
Course Content: Learn about savings, investments, EPF benefits, tax planning, insurance
When to Complete: Anytime after 6 months of work, but before 12 months
Cost: Completely free
Why it helps: You learn to manage your ₹15,000 and future salary better!
Scheme Duration and Timeline
Scheme Period: August 1, 2025 to July 31, 2027 (2 years)
Job Creation Target: 3.5 crore new jobs
Budget: ₹1 lakh crore from government
Expected Beneficiaries:
- 1.92 crore first-time workers will get ₹15,000
- 2.60 crore companies will get monthly support
How is This Different from Old Schemes?
Better than previous schemes:
- Higher money (₹15,000 vs ₹7,500 in old schemes)
- Higher salary limit (₹1 lakh vs ₹15,000 earlier)
- No age limit (old schemes had 18-35 age limit)
- Direct cash to employees (not just company benefits)
- Longer duration for manufacturing sector
- Digital process – no physical forms needed
Common Questions (FAQ)
PM Viksit Bharat Rozgar Yojana – FAQs
Q1. What is PM Viksit Bharat Rozgar Yojana? It’s a government scheme launched on July 1, 2025 to boost employment generation and provide financial incentives to first-time employees and employers. The scheme aims to create 3.5 crore jobs by 2027 with a budget of ₹99,446 crore.
Q2. Who can apply for this scheme? First-time employees who join EPFO-registered companies between August 1, 2025 to July 31, 2027 are eligible. Your monthly salary should be ₹1,00,000 or below and you shouldn’t have been an EPFO member before August 1, 2025.
Q3. How much financial benefit will employees get? Eligible employees will receive up to ₹15,000 as direct financial incentive from the government. This amount equals one month’s EPF wage and is given in two installments of ₹7,500 each.
Q4. When will the money be disbursed to employees? The first installment of ₹7,500 comes after completing 6 months of continuous service. The second installment of ₹7,500 is paid after 12 months of service completion.
Q5. What are the two parts of this scheme? Part A focuses on providing incentives to 1.92 crore first-time employees joining the formal workforce. Part B offers incentives to employers for creating approximately 2.59 crore additional jobs.
Q6. What benefits do employers get under this scheme? Employers receive monthly incentives ranging from ₹1,000 to ₹3,000 based on employee wage brackets. The incentive is directly transferred to their PAN-linked bank account for generating new employment opportunities.
Q7. Do employers need separate registration for this scheme? No separate registration is required for employers, but they must provide details like PAN, GSTIN, ensure PAN linkage. They also need to submit monthly ECR filings on time to remain eligible.
Q8. What is the scheme’s validity period? The registration period is from August 1, 2025 to July 31, 2027 (2 years). Benefits are applicable only for recruitment done on or after August 1, 2025.
Q9. Which ministry implements this scheme? The Ministry of Labour & Employment implements this scheme in collaboration with the Employees’ Provident Fund Organisation (EPFO). A steering committee ensures proper monitoring and oversight.
Q10. How does this scheme help in formalizing the workforce? The scheme encourages people to join the formal sector by providing social security coverage through EPFO. It helps bring workers into the organized sector with proper employment benefits and protection.
Q11. Is there any special focus sector under this scheme? Yes, while the scheme covers all sectors, there’s special focus on the manufacturing sector. The government wants to boost manufacturing employment to achieve the “Viksit Bharat” vision by 2047.
Q12. What conditions must employees fulfill to get benefits? Employees must remain continuously employed in the same establishment for at least 6 months. They should complete a Financial Literacy Course before receiving the second installment of the incentive.
Q13. How is this scheme connected to e-Shram portal? The scheme is integrated with e-Shram portal, which serves as a one-stop solution for unorganized workers. Through e-Shram, workers can access various social security schemes and track their benefits.
Q14. What’s the overall goal of this employment scheme? The scheme aims to create formal employment opportunities, enhance employability, and provide social security coverage. It’s part of India’s vision to become a developed nation (Viksit Bharat) by 2047 through sustainable job creation.
Action Steps – What to Do Now
If You Are Job Seeking:
- Look for jobs at EPF-registered companies (check company’s EPF registration before joining)
- Keep Aadhaar linked to your bank account properly
- Download UMANG app and keep it ready for face verification
- Join any eligible company – they will handle EPF registration process
- Work continuously for 6 months minimum to get first ₹7,500
- Complete online course before 12 months to get remaining ₹7,500
If You Own a Business:
- Register with EPF if not already done (mandatory requirement)
- Visit scheme website pmvbry.epfindia.gov.in and complete one-time registration
- Plan hiring strategy – minimum 2 new people (small company) or 5 new people (big company)
- Hire eligible candidates earning less than ₹1 lakh per month
- Register new employees with EPF and generate their UAN
- Submit monthly ECR reports on time to EPF office
- Receive government money every 6 months directly in company’s PAN-linked bank account
Why Government Started This Scheme?
Main Goals:
- Create more jobs for young people
- Help companies expand and hire more
- Bring more people into organized employment with benefits
- Make India’s economy stronger
- Support manufacturing sector specially
Your Benefit: More job opportunities and financial support!
Quick Summary (Share with Friends)
🎯 What: Government gives ₹15,000 to first-time job seekers
💰 Amount: Up to ₹15,000 in two installments
⏰ When: Available from August 2025 to July 2027
📱 How: No application needed – automatic through EPF
🌐 Website: pmvbry.epfindia.gov.in
📞 Helpline: 1800-180-1850
✅ Eligibility: First job + salary less than ₹1 lakh + work 6 months
Bottom Line: If you’re getting your first job, you can get ₹15,000 from government. Companies also get money for hiring new people. Everyone benefits!
Remember: This is a limited-time opportunity. The scheme runs only till July 2027, so take advantage while you can!
