**Executive Summary**
The document outlines the Union Cabinet's approval on July 1, 2025, of the Employment Linked Incentive (ELI) Scheme, known as Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY). This scheme aims to promote employment generation and enhance employability across various sectors. The incentives apply to jobs created during the registration period from August 1, 2025, to July 31, 2027.
**Key Points / Main Content**
* **PMVBRY Overview:**
* Aims to incentivize the creation of over 3.5 crore jobs across the country over two years.
* Focuses on MSMEs and rural enterprises, particularly in the manufacturing sector.
* The budgetary outlay of the scheme is Rs. 99,446 crore.
* **Part A: Employee Incentive:**
* First-time employees of new and existing establishments are eligible.
* An incentive equivalent to one month's EPF wage, capped at ₹15,000, is provided.
* Payable in two installments during the first year of employment.
* First installment (up to ₹7,500) after six months of employment.
* The second installment is given after twelve months of employment and successful completion of the prescribed Financial Literacy Programme.
* The second installment is credited to a saving account for a specified period.
* **Part B: Employer Incentive:**
* Employers can receive up to ₹3,000 per month for each additional employment sustained for at least 6 months.
* **Aatmanirbhar Bharat Rojgar Yojana (ABRY) Update:**
* ABRY was launched on October 1, 2020, to incentivize job creation and restoration during the COVID-19 pandemic.
* The registration terminal date was March 31, 2022.
* Beneficiaries registered until March 31, 2022, received benefits for two years from registration.
* As of March 31, 2024, 60.49 lakh beneficiaries have been provided with benefits under ABRY.
**Impact Analysis**
**Stakeholder: Employees**
* **Impact:** Eligible first-time employees can receive a financial incentive equal to one month's EPF wage, up to ₹15,000, paid in two installments during their first year of employment.
* **Action Required:** Fulfill the eligibility criteria, including completing six and twelve months of continuous employment and participating in a Financial Literacy Programme.
**Stakeholder: Employers**
* **Impact:** Can receive up to ₹3,000 per month for each additional employment sustained for at least six months under Part B of PMVBRY.
* **Action Required:** Ensure sustained employment for at least six months to qualify for the employer incentive.
Key Entities Referenced
Pradhan Mantri Viksit Bharat Rojgar Yojana (PMVBRY): Employment Linked Incentive (ELI) Scheme launched to incentivize creation of jobs, enhance employability, and strengthen social security.
Ministry of Labour & Employment: The ministry providing the information regarding the scheme.
Aatmanirbhar Bharat Rojgar Yojana (ABRY): A previously launched scheme to incentivize employment creation and restoration during Covid-19.
Employees' Provident Fund (EPF): A fund relevant to the incentive offered under the PMVBRY scheme.
Ministry of Labour & Employment
Pradhan Mantri Viksit Bharat Rojgar Yojana
(PMVBRY) promotes employment generation,
enhance employability, strengthens social
security
PMVBRY aims to incentivise creation of over 3.5 crore jobs
across the country over two years
प्रव तथ: 18 DEC 2025 6:27PM by PIB Delhi
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 incentives under the Pradhan Mantri Viksit Bharat
Rozgar Yojana (PM VBRY) are applicable to jobs created during the two-year registration period
commencing from 1st August 2025 and ending on 31st July 2027. The scheme aims to incentivise creation
of more than 3.5 Crore jobs all across the country, over a period of 2 years. The budgetary outlay of the
scheme is Rs. 99,446 crore.
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 Employees' Provident Fund (EPF) wage, subject to a
maximum of ₹15,000. This incentive will be payable in two installments 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 / saving account for a specified
period. Part B incentivizes employers by providing up to ₹3,000 per month for each additional
employment sustained for at least 6 months.
The Aatmanirbhar Bharat Rojgar Yojana (ABRY), was launched with effect from 1st October 2020, to
incentivize employers for creation of new employment and restoration of loss of employment during
Covid-19 pandemic. The terminal date for registration of beneficiaries was 31.03.2022. The beneficiaries
registered upto 31st March 2022 received the benefits for 2 years from the date of registration under the
scheme. Since the inception of the scheme, as on 31.03.2024, benefits have been provided to 60.49 lakh
beneficiaries in the country.
This information was given by the Minister of State for Labour and Employment, Sushri Shobha
Karandlaje, in a written reply to a question in Rajya Sabha today.
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Rini Choudhary(रलीज़ आईडी: 2206145) आगंतुक पटल : 1476
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