**Executive Summary**
This document addresses Lok Sabha Unstarred Question No. 1392 concerning the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY). The Union Cabinet approved the scheme on July 1, 2025, to promote employment generation. The scheme was launched on August 15, 2025, and will run until July 31, 2027.
**Key Points / Main Content**
* **Scheme Overview:**
* The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) aims to promote employment generation, enhance employability, and strengthen social security, focusing on MSMEs and rural enterprises.
* The scheme has a budgetary outlay of ₹99,446 Crore.
* The scheme intends to incentivize the creation of more than 3.5 Crore jobs across the country.
* **Scheme Structure:**
* The scheme comprises two parts: Part A and Part B.
* Part A provides incentives for 1.92 crore new eligible employees.
* Part B provides incentives for the creation of approximately 2.59 crore additional jobs for employers.
* **Financial Literacy:**
* The scheme promotes financial literacy among first-time formal sector workers.
* The second installment of benefits under Part A is linked to the completion of a Financial Literacy Course.
* **Guidelines and Portal:**
* Comprehensive Scheme Guidelines outlining eligibility criteria for incentives have been issued.
* A dedicated portal (pmbry.epfindia.gov.in) facilitates scheme-related processes and real-time monitoring.
* Detailed Standard Operating Procedures (SOPs), scheme guideline and Frequently Asked Questions (FAQs) are available on the portal.
**Impact Analysis**
* **Employees**
* **Impact:** Employees, particularly those entering the formal sector for the first time, benefit from employment opportunities and financial literacy initiatives.
* **Action Required:** Complete the Financial Literacy Course to access the second installment of benefits under Part A.
* **Employers (including MSMEs and rural enterprises)**
* **Impact:** Employers are incentivized to create new jobs through Parts A and B of the scheme.
* **Action Required:** Understand eligibility criteria for incentives as outlined in the Scheme Guidelines; utilize the dedicated portal for scheme-related processes.
Key Entities Referenced
Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY): Scheme to link youths with employment and self-employment opportunities, promote employment generation, enhance employability, and strengthen social security across all sectors.
Employment Linked Incentive (ELI) Scheme: The scheme renamed as Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY).
Ministry of Labour and Employment: The central ministry responsible for the policy.
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
LOK SABHA
UNSTARRED QUESTION NO. 1392
TO BE ANSWERED ON 09.02.2026
PRADHAN MANTRI VIKSIT BHARAT ROZGAR YOJANA
1392. SHRI DARSHAN SINGH CHOUDHARY::
Will the Minister of LABOUR AND EMPLOYMENT be pleased to
state:
(a) the details of the primary objectives and strategies formulated by
the Government under the Pradhan Mantri Viksit Bharat Rozgar
Yojana (PM-VBRY) to link youths with employment and self-
employment opportunities;
(b) the details of the total number of youths provided skill training,
apprenticeships or direct employment across the country under
this scheme since its inception along with the specific targets set
by the Government for the upcoming financial years; and
(c) whether the participation of Micro, Small and Medium Enterprises
(MSMEs), industrial bodies and the private sector have been
ensured for the effective implementation of the scheme, if so, the
details thereof?
ANSWER
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT
(SUSHRI SHOBHA KARANDLAJE)
(a) to (c): 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 including MSMEs and rural enterprises, with a
particular focus on the manufacturing sector. The scheme was
launched on 15th August 2025. The scheme has a registration period
of two years from 01.08.2025 to 31.07.2027 and a budgetary outlay of
₹99,446 Crore. The scheme aims to incentivise creation of more than
3.5 Crore jobs all across the country.
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. The scheme provides for incentives for 1.92
crore new eligible employees under Part A. Incentive for creation of
approx. 2.59 crore additional jobs to employers is provided for under
Part B of the scheme.
Contd..2/-:: 2 ::
The scheme promotes financial literacy among first-time
formal sector workers by linking the second installment of benefits
under Part A to the completion of Financial Literacy Course covering
personal finance, savings, investments, and financial planning.
Comprehensive Scheme Guidelines, outlining the
eligibility criteria for incentives to both employees and employers
including MSMEs and rural enterprises have been issued.
A dedicated portal (pmbry.epfindia.gov.in) has been
developed to facilitate all scheme-related processes and for real-time
monitoring of beneficiaries and sector-wise progress.
Detailed Standard Operating Procedures (SOPs), scheme
guideline and Frequently Asked Questions (FAQs) have been made
available on this portal for ease of understanding.
*****