The Ministry of Labour and Employment has officially launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal, marking an important step toward strengthening job creation, enhancing employability, and expanding social security coverage for India’s workforce. The scheme, first introduced by Prime Minister Narendra Modi during his 12th Independence Day address, is now ready to accept registrations from employers and newly employed youth across the country.
The launch of this portal represents the beginning of a transformative employment initiative aimed at creating more than 3.5 crore jobs over the next two years. With an allocation of nearly one lakh crore rupees, the Pradhan Mantri Viksit Bharat Rozgar Yojana is designed to support India’s rapidly evolving labour market while ensuring long-term economic growth and stability.
A Historic Step Towards Employment Generation
The Union Cabinet approved the Employment Linked Incentive Scheme—officially named the Pradhan Mantri Viksit Bharat Rozgar Yojana—on 1 July 2025. This approval was followed by extensive planning to establish a digital ecosystem capable of handling large-scale registrations, verifications, and benefit disbursements. With the portal now live, the scheme has fully entered its implementation stage.
The objective of PMVBRY is straightforward yet ambitious: to incentivize both jobseekers and employers in order to stimulate large-scale formal employment across all sectors. While the programme covers industries across the economy, special emphasis has been placed on manufacturing, a sector considered essential for India’s long-term economic competitiveness.
The benefits under this scheme apply to all jobs created between 1 August 2025 and 31 July 2027, making this two-year period crucial for employers looking to expand their workforce and for young people seeking formal employment.
A Massive Budget for a Transformative Goal
With a financial outlay of ₹99,446 crore, the scheme stands among the largest employment-related programmes ever implemented in India. The government aims to generate over 3.5 crore new formal jobs, boosting workforce participation and strengthening India’s social security architecture.
This investment is expected not only to create jobs but also to fuel a broader cycle of economic growth. With more people entering formal employment, industries gain access to trained labour, employees receive social security benefits, and the economy becomes increasingly stable and future-ready.
Who Benefits From PMVBRY?
The scheme is structured to benefit both first-time employees and employers. While employees receive financial incentives and social security coverage, employers are rewarded for creating new, formal job opportunities.
Benefits for Employees
Young individuals entering the workforce for the first time stand to gain significantly. PMVBRY is designed to help them transition from informal or unorganized jobs to formal employment with long-term stability and security.
Key benefits include:
- Formal employment status
First-time employees will gain coverage under national social security schemes such as EPF, enabling them to build savings, insurance protections, and pension benefits. - On-the-job training
New employees will receive practical skill development through real-time workplace exposure, increasing their long-term employability. - Enhanced career stability
Through sustained employment and structured learning, young workers can develop strong professional foundations, improving future career prospects. - Financial literacy
The programme aims to educate youth about savings, responsible financial management, and long-term planning.
Additionally, employees can receive incentives of up to ₹15,000, disbursed in two instalments. These payments will be made through Direct Benefit Transfer (DBT) using the Aadhaar-enabled payment system, ensuring transparency and security.
Benefits for Employers
Employers who play an active role in generating new jobs will also receive significant financial support. The scheme encourages industries—particularly manufacturing companies—to expand their workforce without fear of excessive hiring costs.
Key benefits include:
- Offsetting the cost of new recruitment
Employers can receive up to ₹3,000 per month per new employee, making it easier to hire fresh talent and expand operations. - Greater workforce stability
Incentivizing formal employment encourages long-term employee retention, reducing attrition rates and improving productivity. - Improved social security coverage
By formally registering employees under EPF, employers contribute to strengthening India’s social protection system, creating a more secure workforce.
The incentive payments for employers will be transferred directly to their PAN-linked business bank accounts, ensuring efficiency and accountability.
Streamlined Digital Registration Process
To participate in the scheme, employers must complete a one-time registration on the PMVBRY portal. The portal offers a user-friendly interface designed to handle large volumes of registrations from companies of all sizes.
For employees, generating a Universal Account Number (UAN) is mandatory. This can be done easily using the latest Face Authentication Technology (FAT) available on the UMANG application. This ensures quick identification, reduces documentation, and prevents duplication.
The digital verification system is designed to create a seamless workflow from registration to benefit disbursement, ensuring transparency at every step.
A Boost for India’s Formal Workforce
India’s employment landscape has long included a large informal sector, leaving millions without access to social security, stable incomes, or long-term career growth. By formalizing employment and expanding the reach of EPF benefits, PMVBRY aims to reshape the labour market in several crucial ways:
- Strengthening the formal job ecosystem
- Encouraging small and medium enterprises to hire formally
- Increasing job opportunities for youth, women, and marginalized communities
- Reducing income vulnerability
- Enhancing workforce skills through structured employment
This transformative impact aligns with the goals of a rapidly developing economy focused on technological advancement, industrial growth, and long-term sustainability.
Implementation Through EPFO: Ensuring Efficiency and Transparency
The Employees’ Provident Fund Organisation (EPFO), a statutory body under the Employees’ Provident Funds & Miscellaneous Provisions Act of 1952, will oversee the implementation of PMVBRY.
EPFO’s extensive national infrastructure, combined with its experience in managing social security services for millions of Indian workers, makes it well-suited for administering this large-scale initiative.
Through EPFO’s established systems, the scheme will ensure:
- Quick verification of employer records
- Smooth onboarding of first-time employees
- Transparent DBT transfers
- Regular monitoring of job creation data
This structured implementation strengthens confidence among both employees and employers.
A Vision for a Developed, Self-Reliant India
The Pradhan Mantri Viksit Bharat Rozgar Yojana is more than just an employment scheme. It is an investment in human capital, national development, and economic resilience. Every job created under this programme strengthens India’s journey toward becoming a developed and self-reliant nation.
As industries expand, young people gain stable employment, and social security coverage widens, the country moves closer to achieving its long-term vision of inclusive growth. The scheme is expected to create a ripple effect—boosting entrepreneurship, encouraging investment, and improving the overall quality of the workforce.
