Prime Minister Narendra Modi will distribute incentives worth approximately Rs 2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at Vigyan Bhawan, New Delhi. The flagship employment-linked incentive scheme aims to boost job creation, promote formal employment, strengthen social security coverage and support India’s youth through sustainable employment opportunities.
Key Highlights
✅ PM Modi to distribute incentives worth around Rs 2,400 crore under PM-VBRY.
✅ Scheme has already supported nearly 15 lakh employment opportunities.
✅ First-time employees can receive incentives of up to Rs 15,000.
✅ PM-VBRY aims to facilitate over 3.5 crore jobs with a total outlay of Rs 99,446 crore.
New Delhi, June 19: Prime Minister Narendra Modi on Friday announced that he will participate in a special programme at Vigyan Bhawan, New Delhi, where incentives worth approximately Rs 2,400 crore will be distributed under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), one of the Government of India’s flagship employment-generation initiatives.
Sharing the information on social media platform X, Prime Minister Modi stated that the programme forms part of the government’s broader efforts to empower India’s Yuva Shakti, enhance job creation and expand social security coverage across the country.
The Prime Minister emphasized that employment generation remains a key pillar of India’s development strategy and that PM-VBRY has been designed to create meaningful opportunities for young job seekers while encouraging businesses to expand their workforce through formal employment channels.
The disbursal of incentives marks a significant milestone in the implementation of PM-VBRY, which seeks to accelerate employment growth by providing financial support to both employees and employers. The scheme focuses on promoting formalisation of employment, improving employability and extending social security benefits to a larger section of the workforce.
According to official estimates, nearly 15 lakh employment opportunities have already been generated through the scheme, reflecting its growing impact across various sectors of the economy. The initiative is expected to play a crucial role in strengthening India’s labour market while supporting inclusive economic growth.
A key feature of PM-VBRY is its support for first-time employees entering the workforce. Eligible beneficiaries can receive an incentive of up to Rs 15,000, providing financial assistance during the initial phase of their professional careers and encouraging participation in the formal economy.
The scheme also offers substantial incentives to employers who generate additional jobs. Under PM-VBRY, employers can receive up to Rs 3,000 per month for each additional employee hired, thereby creating a strong incentive for businesses to expand employment opportunities and contribute to workforce growth.
Recognising the strategic importance of manufacturing in driving economic development and employment generation, the government has introduced enhanced support for manufacturing-sector employers. Companies in the manufacturing sector can avail incentives for up to four years, while employers in other sectors can receive benefits for a period of two years.
PM-VBRY came into effect on August 1, 2025, and represents one of the most ambitious employment-linked incentive programmes launched by the Government of India. With a total financial outlay of Rs 99,446 crore, the scheme aims to facilitate the creation of more than 3.5 crore jobs over a two-year period.
Of the total projected beneficiaries, approximately 1.92 crore individuals are expected to be first-time entrants into the workforce, helping strengthen formal employment and significantly expand social security coverage across India.
The initiative aligns with the government’s vision of creating a robust and inclusive labour market where economic growth translates into quality employment opportunities for young people. By linking incentives with job creation and workforce formalisation, PM-VBRY seeks to support sustainable employment growth while strengthening India’s economic foundation.
The upcoming incentive distribution programme highlights the government’s continued focus on youth empowerment, skill development and employment generation as critical components of the broader Viksit Bharat vision.
Conclusion
The distribution of Rs 2,400 crore in incentives under PM-VBRY underscores the Government of India’s commitment to creating employment opportunities and strengthening social security coverage for millions of workers. With nearly 15 lakh jobs already supported and a target of generating over 3.5 crore employment opportunities, PM-VBRY is emerging as a key driver of India’s employment-led growth strategy and youth empowerment agenda.
FAQ Section
What is PM-VBRY?
PM-VBRY (Pradhan Mantri Viksit Bharat Rozgar Yojana) is the Government of India’s flagship employment-linked incentive scheme aimed at promoting job creation, formal employment and social security coverage.
How much incentive will be distributed under PM-VBRY?
Prime Minister Narendra Modi will distribute incentives worth around Rs 2,400 crore under the scheme.
How much incentive do first-time employees receive?
Eligible first-time employees can receive incentives of up to Rs 15,000 under PM-VBRY.
What benefits are available for employers?
Employers can receive up to Rs 3,000 per month for each additional employee hired under the scheme.
What is the employment target of PM-VBRY?
The scheme aims to facilitate the creation of more than 3.5 crore jobs over two years.
