India is moving rapidly towards becoming a Viksit Bharat (Developed India) — and a major step in that direction is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY).
This government-backed employment incentive scheme is designed to encourage employers to generate new jobs, especially in the manufacturing sector, while also expanding EPF and social security coverage to more workers.
What Is the Pradhan Mantri Viksit Bharat Rozgar Yojana?
The PMVBRY scheme aims to boost employment generation across all sectors by offering direct financial incentives to employers for creating new jobs.
Under this initiative, employers receive a direct benefit credit (DBT) to their bank accounts based on the number of new employees added to the workforce.
Key Benefits for Employers
Employers who expand their workforce under this scheme enjoy monthly financial incentives for every new employee added:
- ₹3,000 per additional employment per month
- For 24 months in all sectors
- For 48 months in the manufacturing sector
These benefits are directly credited to the employer’s bank account, ensuring transparency and ease of access.
Eligibility & Important Conditions
To ensure genuine employment generation and long-term benefits, the scheme has simple and fair conditions:
- Employers must retain the new employees for at least six months.
- New employees can include both freshers and re-joinees.
- The monthly salary of eligible employees must be below ₹1,00,000.
This makes it a perfect opportunity for employers to hire and retain skilled talent while receiving direct government support.
Incentive Slabs for Employers
| Employee Monthly Salary Range | Incentive to Employer |
|---|---|
| Less than ₹10,000 | 10% of employee’s salary per month |
| ₹10,000 – ₹20,000 | ₹2,000 per employee per month |
| More than ₹20,000 | ₹3,000 per employee per month |
This tiered incentive structure ensures that small, medium, and large employers all benefit proportionately — encouraging inclusive employment growth across industries.
When Does the Scheme Start?
The Pradhan Mantri Viksit Bharat Rozgar Yojana is already active, and its benefits start from 1st August 2025.
Employers enrolling now can begin claiming benefits for new employees added from this date onwards.
Easy Registration Process via EPF Portal
Getting started is quick and hassle-free:
- Log in to the Employer’s EPF Portal.
- Complete registration for PMVBRY — it takes only a few clicks.
- No separate application or follow-up is required.
- All necessary data will be automatically fetched from your ECR (Electronic Challan-cum-Return).
That’s it! Once registered, the incentives will be credited automatically based on eligible employment additions.
Why Employers Should Not Miss This Opportunity
The Government of India has designed PMVBRY to encourage job creation and support employers in managing the rising cost of expansion.
The scheme will:
- Offset part of the cost of hiring and business growth
- Encourage formal employment and EPF registration for all workers
- Extend social security benefits to casual, temporary, and contractual employees
If your organization hasn’t yet enrolled casual or contractual workers under the EPF Act, now is the best time to do so and avail the PMVBRY benefits.
Towards a Viksit Bharat: Empower Employment, Empower India
The Pradhan Mantri Viksit Bharat Rozgar Yojana is not just an incentive scheme — it’s a nation-building initiative.
By encouraging employers to hire more workers, the government is paving the way for sustainable employment generation, formal workforce inclusion, and social security expansion.
Employers who take advantage of this scheme today will not only strengthen their workforce but also contribute to India’s journey towards becoming a Viksit Bharat.
Well Explained! Thanks.