The Central Government’s Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) gives incentives to young people taking their first formal job and to companies that create new jobs. It was approved by the Union Cabinet on 1 July 2025 and is in force from 1 August 2025 to 31 July 2027. The scheme has a total outlay of ₹99,446 crore and aims to create more than 3.5 crore jobs in two years — including 1.92 crore first-time employees. It is implemented by the Ministry of Labour and Employment through the Employees’ Provident Fund Organisation (EPFO).
₹15,000 for your first job — Part A
Under Part A of the scheme, first-time employees get an incentive. The employee’s monthly salary must not exceed ₹1 lakh and he or she must not have been an EPFO member before August 2025 — that is, the EPF contribution must have been deposited for the first time after August 2025. The incentive equals one month’s EPF wage, capped at ₹15,000, and is paid in two instalments — the first instalment (capped at ₹7,500) after six months of service and the second after twelve months of service and completion of a financial literacy programme. A part of the incentive is invested in a savings instrument. The money comes by DBT into the Aadhaar-linked bank account.
₹3,000 a month for employers — Part B
Under Part B, employers who create new jobs get an incentive. For every additional employee, the employer gets ₹1,000 to ₹3,000 a month — the amount depends on the employee’s wage. This incentive is given for 2 years, and in the manufacturing sector it is given for 4 years. The condition is that the employee stays in the job for at least 6 months and the salary does not exceed ₹1 lakh a month. The employer’s payment comes directly into the PAN-linked account.
Current status and how to apply
The scheme applies to jobs created between 1 August 2025 and 31 July 2027. On 19 June 2026, the Prime Minister released the first instalment of about ₹2,400 crore under this scheme. Employees do not have to apply separately — the employer registers through EPFO and eligibility is decided automatically. Employers can complete the one-time registration on the pmvbry.epfindia.gov.in portal. Keep your UAN active and your bank account linked to Aadhaar, so that the DBT faces no problem.
Frequently Asked Questions
Q1: How much incentive is given for a first job?
A: One month’s EPF wage, up to ₹15,000 — in two instalments, after 6 months and 12 months of service.
Q2: How much do employers get?
A: ₹1,000 to ₹3,000 a month per additional employee, for 2 years (4 years in the manufacturing sector).
Q3: Till when is the scheme in force?
A: For jobs created from 1 August 2025 to 31 July 2027 — the total outlay is ₹99,446 crore.
Q4: Where do I apply?
A: Employees do not apply separately; employers register on pmvbry.epfindia.gov.in.
Useful links
- PM-VBRY official portal: https://pmvbry.epfindia.gov.in/
- PM-VBRY scheme on MyScheme: https://www.myscheme.gov.in/schemes/pmvbry
- ₹15,000 on your first job (our post): https://www.viksitharyana.com/pm-viksit-bharat-rozgar-yojana-15000-eligibility/
- Next Action: see all 726 Central Government schemes — https://www.viksitharyana.com/english/kendra-sarkar-ki-yojnayen-2/
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