Parliament Question: Features and Objectives of PM-VBRY

GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT LOK SABHA UNSTARRED QUESTION NO. 2329 TO BE ANSWERED ON 03.08.2026 FEATURES AND OBJECTIVES OF PM-VBRY 2329. SHRI JASHUBHAI BHILUBHAI RATHVA: Will the Minister of LABOUR AND EMPLOYMENT be pleased to state: (a)the details of key features and objectives of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) including sectoral focus and target job creation; (b)the details of registration and onboarding mechanism for establishments and workers including employer incentives and digital portal integration; (c)whether the Government has planned any monitoring or assessment framework to evaluate the outcomes of the scheme including its impact on employment levels and formal sector absorption; and (d)if so, the details thereof? ANSWER MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SUSHRI SHOBHA KARANDLAJE) (a) to (d): The Union Cabinet, on 1 July 2025, approved the Employment Linked Incentive (ELI) Scheme, titled the Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY), to promote employment generation, enhance employability, and strengthen social security across all sectors, with a particular focus on the manufacturing sector. The scheme has a registration period of two years from 01.08.2025 to 31.07.2027 and has a budgetary outlay of ₹99,446 Crore. The scheme comprises of two parts i.e. Part A and Part B and focuses on providing support to both employees and employers by way of incentives. Contd..2/-:: 2 :: Under Part A of the scheme, the first-time employees of both existing and new establishments shall be eligible for an incentive equivalent to one month’s EPF wage, subject to a maximum of ₹15,000. This incentive will be payable in two instalments during the first year of employment. The first instalment, up to ₹7,500, shall be disbursed after completion of six months of continuous employment. Eligibility for the second instalment shall arise after completion of twelve months of employment and successful completion of the prescribed Financial Literacy Programme. This second instalment shall be credited to an appropriate savings instrument/savings account for a specified period. The scheme aims to incentivise creation of more than 3.5 Crore jobs all across the country, over a period of 2 years. The scheme provides for incentives for 1.92 crore eligible First time employees under Part A. Incentive for creation of approximately 2.59 crore additional jobs to employers is provided for under Part B of the scheme. The Employees' Provident Fund Organisation (EPFO) is the implementing agency for the scheme. A dedicated portal (pmvbry.epfindia.gov.in) has been developed to facilitate all scheme- related processes. As on 29.07.2026, a total of 5,52,327 establishments have been registered across the country under the Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY). For effective implementation of the scheme, a robust monitoring framework has been instituted. A Steering Committee with representation from various labour intensive and related Ministries/Department and an internal Executive Committee have been constituted to ensure effective monitoring of the scheme. The Scheme also provides for a mid-term evaluation for necessary course correction and an end-term evaluation to assess the Scheme outcome by a third party. *****