PM Viksit Bharat Rozgar Yojna: Benefits, Eligibility, Scheme Period, How to Apply — Explained

PM Viksit Bharat Rozgar Yojna: As the Government Launches its ₹1 Lakh Crore Scheme to Generate 3.5 Crore Jobs, We Explain the Benefits for Employers and First-time Employees, How to Apply, Eligibility, and Other Details.

The Importance of Government Incentives and Benefits

The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal has been launched by the Centre to provide incentives linked to employment for both employers and new employees, according to reports. Learn more about HR services that can assist your business with implementation.

The ₹1 lakh crore central government scheme, approved on July 1, 2025, “aims to incentivise the creation of over 3.5 crore jobs” in India over a two-year period from August 1, 2025, to July 31, 2027. “The scheme will promote new industries in the country and support new employees with a financial encouragement amount,” Mansukh L. Mandaviya, Union Minister of Labour and Employment, elaborated. Access innovative solutions for comprehensive HR and payroll services while leveraging this scheme.

Eligibility Criteria for the Scheme

As per Mandaviya, all employers and first-time job seekers in India are covered under PMVBRY. Part A of the scheme is targeted at first-time employees, while Part B supports employers. Employees with gross wages up to ₹1 lakh are eligible under Part A. Meanwhile, Part B will facilitate the generation of additional employment across all sectors, with a special emphasis on the manufacturing sector. Discover how government incentives for startups align with this initiative.

To qualify, establishments must hire at least two additional employees for those with fewer than 50 existing employees or five additional employees for employers with 50 or more employees, sustaining employment for at least six months. Moreover, establishments exempted under the EPF & MP Act, 1952, are also included. To ensure compliance, refer to this guide on the New Code of Wages.

Benefits for First-time Employees

Under Part A, the scheme provides first-time employees with a one-time incentive equivalent to an average one-month wage (Basic DA) of up to ₹15,000. This incentive is offered in two installments, serving as a substantial motivation for job seekers entering the workforce.

Benefits for Employers

The ministry indicates that companies will receive an incentive of up to ₹3,000 per month for each additional employee (both first-timers and re-joinees) for a sustained period of at least six months. The scheme is slated to last for two years, with a special extension of up to four years for manufacturing sector companies. Under Part B, employers are eligible for incentives under three slabs:

• For employees with a monthly salary of ₹10,000, the employer receives an incentive of ₹1,000.
• If the employee's salary ranges between ₹10,000 and ₹20,000, the employer is eligible for an incentive of ₹2,000.
• For employees with a salary up to ₹30,000, the employer can avail a one-time incentive of ₹3,000.

For further insights on payroll compliance, explore our guide to efficient payroll management.

If you're an employer looking to enhance your workforce, consider the benefits provided by the PMVBRY. Align your goals with the support offered by the scheme and streamline your employee management using employee hiring and onboarding insights.