Скачать или смотреть Full Class-PM-VBRY: A Game-Changer for Job Creation

On 15th August 2025, Prime Minister Narendra Modi announced the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) – a landmark Central Sector scheme to tackle India’s biggest challenge: job creation and workforce formalisation.

With an allocation of ₹1 lakh crore, the scheme aims to generate 3.5 crore new jobs by July 2027, with special focus on the manufacturing sector.

🔹 Dual Incentives:
For Employees: First-time EPFO entrants earning up to ₹1 lakh/month get ₹15,000 incentive in two instalments (after 6 & 12 months), linked with financial literacy.
For Employers: EPFO-registered firms hiring above their base workforce get ₹1,000–₹3,000 per new hire per month, for 2 years (extendable to 4 years in manufacturing).

🔹 Key Features:
Linked to EPFO → Promotes formalisation & social security.
Digital portal & DBT → Transparency & efficiency.
Retention-based incentives → Encourage job stability.

👉 PM-VBRY is not just a job scheme, but a step towards reshaping India’s labour markets, empowering youth, boosting manufacturing, and ensuring inclusive growth.

#PMVBRY #Employment #Modi #RozgarYojana #UPSC #IndianEconomy

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