The Government of India has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), formerly known as the Employment Linked Incentive (ELI) scheme. The primary objective of this scheme is to boost job creation, enhance employability, and expand social security coverage across all sectors of the economy, with a special emphasis on the manufacturing sector. The Union Cabinet approved this ambitious scheme on July 1, 2025, and it is being implemented by the Employees’ Provident Fund Organisation (EPFO) under the Ministry of Labour and Employment. Here, we will get complete information about this scheme.
PM Viksit Bharat Rozgar Yojana 2026
In India, employment is not merely about securing a job; it is also linked to economic security, skill development, and future stability. It is with this vision that the PM Viksit Bharat Rozgar Yojana (PMVBRY) has been launched. The scheme seeks to build a strong bridge between new employees and employers, enabling more people to access employment opportunities within the organized sector. The core focus of the scheme is on job creation, expanding the formal workforce, and enhancing social security coverage.
India’s labor market has witnessed rapid transformations over the past few years. The digital economy, the expansion of the manufacturing sector, and the growth of new industries have generated fresh employment opportunities. However, securing a first job remains a significant challenge for millions of young people. The PM Viksit Bharat Rozgar Yojana aims to bridge this gap. It is not merely a scheme to boost recruitment; rather, it establishes an incentive-based framework for both employees and employers to improve the quality and stability of employment.
Upon studying recent employment incentive programs, it became evident that accessing the first formal job is the most difficult stage for many young people. This is why the scheme places special emphasis on linking workers to formal social security mechanisms alongside boosting employment. This can facilitate easier access for employees to various labor and social benefits in the future.
According to the government, this initiative is a significant step towards accelerating employment growth, encouraging industries to undertake new hiring, and strengthening the nation’s productive workforce. Official information and guidelines regarding the scheme are available on the PMVBRY portal. Later in this article, we will explore the scheme’s objectives, eligibility criteria, benefits, application process, employer incentives, and key regulations in simple, detailed terms.
Objectives of the PMVBRY Scheme
The PMVBRY scheme is a flagship initiative of the Government of India, announced in the 2024-25 Budget to help achieve the goal of ‘Viksit Bharat @2047’ (Developed India @2047). The scheme aims to expand employment opportunities within the formal economy and integrate the youth into the mainstream, thereby ensuring their participation in the country’s development.
Under the ‘Pradhan Mantri Viksit Bharat Rojgar Yojana’ (PMVBRY), with a total outlay of ₹99,446 crore, the target is to create over 3.5 crore employment opportunities across the country over two years; approximately 1.92 crore of the beneficiaries will be individuals entering the formal workforce for the first time. The benefits of this scheme will apply to jobs created between August 1, 2025, and July 31, 2027, and an allocation of ₹20,082 crore has been made for the scheme in the 2026 budget.
Key Components Pradhan Mantri Viksit Bharat Rojgar Yojana
This scheme is divided into two main parts: the first for employees and the second for employers. Under Part A, first-time employees registered with the EPFO and earning a monthly salary of up to ₹1 lakh will receive an incentive equivalent to one month’s salary capped at ₹15,000 paid in two installments.
The first installment becomes payable after completing six months of continuous service, while the second is payable after completing twelve months of service and a financial literacy program. A portion of this incentive will be held in a savings or deposit account for a fixed period to encourage long-term saving habits among the youth. Payments to employees under Part A will be made via Direct Benefit Transfer (DBT) using the Aadhaar Bridge Payment System (ABPS).
Under Part B, employers are incentivized to generate additional employment; they will receive an incentive of up to ₹3,000 per month for each additional employee for a period of two years, provided the employee remains in continuous employment for at least six months. In the manufacturing sector, this incentive continues into the third and fourth years, offering special encouragement to this sector.
To be eligible, EPFO-registered establishments must hire at least two additional employees (for establishments with fewer than 50 employees) or at least five additional employees (for establishments with 50 or more employees). Under Part B, the incentive amount will be deposited directly into the employers’ bank accounts linked to their PAN. Viksit Bharat Rozgar Yojana: National Event
To mark the successful implementation of this scheme, a national-level event will be organized by the EPFO Regional Office, Raipur, at the AIIMS Auditorium, Raipur, on June 19, 2026, at 4:00 PM, featuring the virtual presence of the Hon’ble Prime Minister. Shri Lakhan Lal Dewangan, Hon’ble Minister of Commerce, Industry, and Labour (Government of Chhattisgarh), and Shri Brijmohan Agrawal, Hon’ble Member of Parliament (Chhattisgarh), will attend the occasion as distinguished guests. During this nationwide event, funds amounting to approximately ₹2,400 crore will be disbursed to eligible beneficiaries, highlighting the scheme’s extensive reach and impact.
Simultaneously, regional-level events will be held at around 200 locations across the country—particularly in major industrial and employment hubs—involving employers, employees, industry representatives, and other stakeholders. During these events, employers will symbolically hand over appointment letters to newly recruited employees, signifying job creation and the entry of youth into the formal economy.
Significance and Impact of the PMVBRY Scheme
The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) is a crucial component of India’s employment-led development strategy, designed to connect the youth with formal employment and expand social security coverage. By providing additional incentives to the manufacturing sector, the government aims to accelerate job creation in this domain, thereby significantly contributing to the expansion of social security coverage for millions of workers across the country.
To date, over 1.5 million (15 lakh) people have secured employment under the scheme, and more than 235,000 (2.35 lakh) establishments have registered on the PMVBRY portal, reflecting the scheme’s success and widespread acceptance. This scheme will not only boost employment opportunities but also expand the scope of social security across all sectors of the economy, thereby helping to realize the country’s resolve of a ‘Viksit Bharat’ (Developed India).
Benefits for Employers under the PM Viksit Bharat Rozgar Yojana
The PM Viksit Bharat Rozgar Yojana is not designed solely for employees; a key component of the scheme offers incentives to employers. The government believes that employment growth is possible only when industries, businesses, and institutions are motivated to recruit new staff. With this objective, the scheme provides financial assistance to eligible employers for generating additional employment.
This incentive is particularly significant for institutions that are expanding their workforce. Hiring new employees entails rising costs related to training, salaries, compliance, and administration; the scheme aims to offset a portion of these expenses. In many instances, employers receive a monthly incentive per employee, thereby encouraging additional hiring. The assistance period is extended for the manufacturing sector, given its pivotal role in large-scale job creation.
How are Employer Incentives Obtained?
To avail the benefits of the scheme, employers must meet specific employment growth criteria. Mere recruitment is insufficient; it is mandatory to retain the newly hired employees for a minimum stipulated period. Additionally, the regular submission of EPFO records, salary details, and electronic returns is required. The scheme aims to foster sustainable and verified employment rather than just short-term hiring.
Eligibility for PM Viksit Bharat Rozgar Yojana
Both employees and employers must fulfill certain eligibility conditions to benefit from the scheme. For employees, a primary condition is that they must be entering the formal employment system for the first time and be registered with the EPFO. Furthermore, their monthly salary must fall within the prescribed limit.
For employers, it is mandatory that their institution be registered with the EPFO and be generating genuine additional employment. In some cases, a minimum threshold for additional hiring has also been set. These conditions ensure that the scheme’s benefits reach only those institutions that are genuinely expanding their workforce.
How does the PM Viksit Bharat Rozgar Yojana work?
The scheme is divided into two main components. The first component is designed for first-time employees, while the second is aimed at employers who generate new employment opportunities. An employee’s eligibility under the scheme is determined when they join an eligible establishment and their EPFO record becomes active.
If the employee remains employed for the stipulated period and fulfills all necessary conditions, they receive an incentive amount. Similarly, employers can also receive assistance based on the creation of additional jobs. The entire process relies on digital records, EPFO data, and government verification systems, ensuring transparency and accountability.
PM Viksit Bharat Rozgar Yojana Registration Process
The registration process for the scheme is conducted online to facilitate easy applications for both employees and employers. Eligible establishments must first complete the verification of their EPFO accounts and other required details. Subsequently, the registration process is finalized through the PMVBRY portal.
During registration, details such as the organization’s identity, bank information, employment data, and other necessary particulars are entered. Upon successful verification, the establishment becomes eligible to avail the benefits of the scheme. It is also essential for employees to have accurate Aadhaar, bank account, and EPFO details, as the incentive amount is credited directly to the beneficiary’s account.
PMVBRY Login Process
The login facility on the PMVBRY portal is available for both employees and employers. Through the login, users can view their eligibility, application status, payment details, and other important updates.
Employers typically log in using their EPFO Employer Account. Meanwhile, employees can access scheme-related information based on their details linked with the EPFO. If a user’s information is undergoing verification, it may take some time for the eligibility status to be updated.
Official Guidelines for PM Viksit Bharat Rozgar Yojana
The true benefit of any government scheme is realized only when the beneficiary understands its official guidelines. Detailed rules regarding eligibility, payments, employment duration, EPFO records, and incentive calculations have been established under PMVBRY. The government and relevant departments also issue operational guidelines from time to time.
Before applying, it is important to ensure that all documents are correct, the bank account is active, and EPFO records are up to date. This helps avoid payment delays or eligibility-related issues.
Frequently Asked Questions (FAQs)
What is the full form of PMVBRY?
The full name of PMVBRY is Pradhan Mantri Viksit Bharat Rozgar Yojana. It is a scheme launched with the aim of promoting job creation and formal employment.
Who benefits from the PM Viksit Bharat Rozgar Yojana?
The benefits of this scheme are available to eligible employees securing formal employment for the first time and to eligible employers creating new employment opportunities.
Are employees earning a salary of up to ₹1 lakh eligible?
Yes, eligible employees who meet the scheme’s criteria and earn a monthly salary of up to ₹1 lakh can avail of the benefits.
Do employers also receive financial assistance?
Yes, a significant part of the scheme is designed for employers, offering incentives for creating additional employment.
Is it mandatory to remain employed for 6 months?
Yes, for many benefits, it is mandatory for the employee to remain employed for a minimum specified period. The objective is to encourage stable employment.
Conclusion
The PM Viksit Bharat Rozgar Yojana is a significant initiative aimed at job creation and expanding the formal workforce in India. The scheme goes beyond merely providing financial assistance; it also works to integrate employees into the social security system and encourages employers to hire new staff. Whether you are starting your first job or are an employer looking to increase employment within your organization, this scheme could prove beneficial to you.
The actual impact of the scheme in the coming years will depend on the number of employees and organizations that avail themselves of its benefits. Nevertheless, in terms of fostering employment growth, skill development, and strengthening the formal economy, it can be considered a crucial step towards the goal of a ‘Viksit Bharat’ (Developed India).
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