The Prime Minister Viksit Bharat Rozgar Yojana (PMVBRY) is a government initiative aimed at reducing unemployment and providing job opportunities to the youth of India. Announced by Prime Minister Narendra Modi on August 15, 2025, this scheme targets creating 3.5 crore new jobs over the next two years (August 1, 2025, to July 31, 2027). If you’re starting your first job in the private sector, you can receive a financial incentive of ₹15,000. Additionally, employers hiring new employees will get up to ₹3,000 per month per employee.

What is the Viksit Bharat Rozgar Yojana and Its Purpose?
The Prime Minister Viksit Bharat Rozgar Yojana aims to empower youth by providing job opportunities and strengthening India’s economy. It specifically targets individuals starting their first job in the private sector with companies registered under the Employees’ Provident Fund Organisation (EPFO).
Key Objectives of Viksit Bharat Rozgar Yojana:
- Create 3.5 crore jobs over two years, including 1.92 crore for first-time job seekers.
- Provide ₹15,000 financial assistance to youth starting their first job, disbursed in two installments.
- Offer ₹3,000 per month per new employee to employers as an incentive.
- Promote financial literacy to teach youth about saving and managing money.
- Encourage formal employment to reduce unemployment and boost the economy.
The scheme has a budget of approximately ₹1 lakh crore (₹99,446 crore), making it one of India’s largest employment schemes.
₹15,000 Financial Assistance in Viksit Bharat Rozgar Yojana: How to Get It?
If you’re starting your first job in the private sector, you can receive ₹15,000 under this scheme. This amount will be given in two parts:
- First Installment: After completing 6 months of employment.
- Second Installment: After 12 months of employment and completing a financial literacy course.
Conditions in Viksit Bharat Rozgar Yojana:
- Your monthly salary must be ₹1 lakh or less.
- Your job must be registered with EPFO.
- Your Universal Account Number (UAN) must be linked to your Aadhaar and activated on the UMANG app.
- The money will be transferred directly to your bank account via Aadhaar-linked Direct Benefit Transfer (DBT).
- A portion of the amount will be deposited in a savings account to encourage future savings.
This scheme is active from August 1, 2025, to July 31, 2027, and is expected to benefit around 3.5 crore youth.
Budget and Goals of the Viksit Bharat Rozgar Yojana
The government has allocated approximately ₹1 lakh crore for this scheme. Its main goals are:
- Create 3.5 crore new jobs, including 1.92 crore for first-time job seekers.
- Provide ₹15,000 to youth starting their first job.
- Offer ₹3,000 per month per new employee to employers for up to 2 years (extendable to 4 years in the manufacturing sector).
- Boost economic growth by reducing unemployment and promoting formal jobs.
This scheme will encourage both small and medium enterprises (MSMEs) and large companies to create job opportunities.
Who Can Benefit?
To avail the benefits of this scheme, you need to meet certain conditions:
Eligibility Criteria in Viksit Bharat Rozgar Yojana:
- Job Type: First-time job in the private sector with an EPFO-registered company.
- Salary Limit: Monthly salary of ₹1 lakh or less.
- EPFO Registration: Must be registered with EPFO for the first time.
- Job Duration: Must stay in the job for at least 6 months.
- UAN and Aadhaar: Your UAN must be linked to Aadhaar and activated on the UMANG app.
- Financial Literacy: Complete a financial literacy course for the second installment.
- Scheme Period: Job must start between August 1, 2025, and July 31, 2027.
Conditions for Employers in Viksit Bharat Rozgar Yojana:
- The company must be registered with EPFO.
- Companies with less than 50 employees must hire at least 2 new employees, while those with 50 or more employees must hire at least 5 new employees.
- Employers must submit regular EPFO reports with employee salary details.
Incentives for Employers in Viksit Bharat Rozgar Yojana
The scheme also benefits employers:
- ₹3,000 per month per new employee for up to 2 years.
- In the manufacturing sector, this incentive can extend to 4 years.
- The incentive is given only if the employee stays in the job for at least 6 months.
- Employers must be registered with EPFO and provide regular employee data.
This will help MSMEs and large companies hire more employees, boosting job creation.
Application Process: How to Apply in Viksit Bharat Rozgar Yojana?
The application process for this scheme has not been fully rolled out yet, but based on available information:
For Employers:
- EPFO Registration: Obtain an EPFO code through the Shram Suvidha Portal.
- Hire New Employees: Employ individuals with a salary of ₹1 lakh or less.
- Submit EPFO Data: Provide monthly employee salary and other details to EPFO.
- Retain Employees: Ensure employees stay in the job for at least 6 months.
For Employees:
- No separate application is required.
- If you start an EPFO-registered job with a salary of ₹1 lakh or less, you’ll automatically be eligible.
- Ensure your UAN is linked to Aadhaar and activated on the UMANG app.
- After 6 months of employment and completing a financial literacy course, the money will be transferred to your bank account.
Required Documents in Viksit Bharat Rozgar Yojana
To avail the benefits, you’ll need these documents:
- Aadhaar Card: Linked to your UAN.
- Bank Account: An active bank account for DBT.
- EPFO Registration: Both you and your employer must be registered with EPFO.
- Job Offer Letter: Official letter from your employer.
- Employer Declaration: Details of new employees and their salaries.
- UMANG App: UAN activated on the UMANG app.
- Employment Record: Proof of staying in the job for at least 6 months.
- Financial Literacy Certificate: Required for the second installment.
Keep these documents in digital format for easy submission.
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Payment Schedule and tracking in Viksit Bharat Rozgar Yojana
For Employees:
- ₹15,000 in two parts:
- First installment: After 6 months of employment.
- Second installment: After 12 months and completing a financial literacy course.
- Money will be transferred via Aadhaar-linked DBT to your bank account.
For Employers:
- ₹3,000 per month per new employee for up to 2 years (or 4 years in manufacturing).
- Transferred to the employer’s PAN-linked bank account.
Tracking: Check payment status on the EPFO portal or UMANG app.
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Impact on Small and Large Businesses
The scheme will benefit both small businesses (MSMEs) and large companies:
- MSMEs: The ₹3,000 per month incentive reduces hiring costs, enabling them to hire more employees.
- Large Companies: In the manufacturing sector, incentives for up to 4 years ensure long-term job stability.
- Overall Impact: Increased job creation, reduced unemployment, and growth in formal employment. It also promotes financial literacy and savings habits among employees.
Challenges and Limitations in Viksit Bharat Rozgar Yojana
While the scheme is promising, it has some challenges:
- Misuse Risk: Fake job registrations could occur.
- Ambitious Target: Creating 3.5 crore jobs in two years is challenging, especially in less industrialized areas.
- Long-Term Stability: Incentives are limited to 2-4 years, raising concerns about job sustainability.
- Monitoring Issues: Verifying employee data and financial literacy course completion could be difficult.
The government needs robust monitoring systems and strict regulations to address these issues.
Which States Will Benefit the Most from Viksit Bharat Rozgar Yojana?
States with large industrial hubs and youth populations will benefit the most:
- Maharashtra, Tamil Nadu, Delhi, Karnataka: Cities like Mumbai, Chennai, and Bengaluru have strong private sector job markets.
- Uttar Pradesh, Bihar, Jharkhand: High youth populations and growing small industries will see increased job opportunities.
This will reduce unemployment and boost economic growth in these states.
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I’m starting my first private job. How do I get the ₹15,000?
Your job must be EPFO-registered.
Your salary must be ₹1 lakh or less.
Your UAN must be Aadhaar-linked and activated on the UMANG app.
First installment after 6 months; second after 12 months and completing a financial literacy course.
No separate application is needed; eligibility is automatic upon EPFO registration.
What benefits do employers get?
EPFO-registered employers get ₹3,000 per month per new employee for up to 2 years (or 4 years in manufacturing).
Employers must provide regular EPFO data.
Is the scheme only for EPFO-registered jobs?
Yes, the scheme applies only to EPFO-registered jobs.
Conclusion: Is This Viksit Bharat Rozgar Yojana a Game-Changer?
The Prime Minister Viksit Bharat Rozgar Yojana is a significant opportunity for job seekers. With ₹15,000 financial assistance for youth and incentives for employers, it will boost job creation and encourage formal employment. However, its success depends on proper implementation and monitoring.
To avail the benefits, keep an eye on the EPFO portal and UMANG app. Start your first job and take advantage of this scheme to secure financial support. Regularly check official websites and government announcements for the latest updates.