Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)  – Complete Guidelines, Eligibility, Incentives & Benefits

The Government of India has introduced the PM Viksit Bharat Rozgar Yojana (PMVBRY) as part of its Employment Linked Incentive framework announced in Budget 2024-25.

This scheme is designed to boost employment generation, increase workforce formalization, and provide financial incentives to both employees and employers.

It is implemented by the Ministry of Labour and Employment through the Employees’ Provident Fund Organisation (EPFO).

1. Introduction to PM Viksit Bharat Rozgar Yojana

The scheme supports the broader vision of Viksit Bharat@2047.
It encourages establishments to create additional formal jobs and provides assistance to first-time employees entering the formal workforce.

The scheme has two major components:

• Part A – First Timer Incentive
• Part B – Employer Incentive for Additional Employment

Both parts work together to strengthen job creation in India, especially in labour-intensive sectors.

2. Scheme Objectives

The core objectives of PMVBRY are:

• Promote sustained additional employment
• Increase formal workforce participation
• Support first-time employees during their initial employment phase
• Encourage manufacturing sector expansion
• Improve financial literacy among youth

The scheme aims to build a structured, transparent, and digitally verified employment ecosystem.

3. Effective Date and Registration Period

Effective Date: 01 August 2025
Registration Period: 01 August 2025 to 31 July 2027

All employees joining during this period are considered for eligibility.

4. Part A – First Timer Incentive

Who is a First Timer?

A First Timer is an employee who:

• Was never previously a contributing EPFO member
• Joins during the registration period
• Has UAN authenticated using Face Authentication Technology via UMANG App
• Earns gross wage up to ₹1,00,000 per month at joining

Eligibility Conditions

• Contribution must be received for 6 continuous completed wage months
• ECR must be filed regularly
• Financial Literacy Course completion required for 2nd installment

Incentive Amount

The total incentive under Part A is up to ₹15,000.

• 1st Installment: Up to ₹7,500 after 6 completed months
• 2nd Installment: Balance amount after 12 months (subject to cap of ₹15,000)

The 2nd installment will be placed in a designated savings instrument.

5. Part B – Employer Incentive for Additional Employment

This part provides benefits to employers creating additional employment beyond baseline levels.

Threshold Criteria

• If baseline < 50 employees → At least 2 additional employees required
• If baseline ≥ 50 employees → At least 5 additional employees required

Incentive Slabs

Incentives are paid for:

• 2 years (all sectors)
• 4 years (manufacturing sector)

6. Determination of Baseline

Baseline calculation depends on establishment type:

Existing Establishment

Average employee count from 01 August 2024 to 31 July 2025.

New Establishment

Baseline fixed at 20 employees.

7. Mode of Payment

• Employee incentives via Aadhaar-based DBT
• Employer incentives via PAN-linked bank account

Payments are processed within 45 days after eligibility verification.

8. Fraud Monitoring and Penalty

The scheme includes strict IT-based verification.
Data integration may include:

• GSTN
• Income Tax
• MSME Portal
• MCA
• ESIC

Fraudulent activity can result in:

• Termination of incentives
• Legal action
• FIR by EPFO

9. Financial Outlay

Total scheme outlay: ₹99,446 Crores
Administrative Charges: ₹248 Crores

The scheme is fund-limited.

10. Grievance Redressal

EPFO will provide:

• Online grievance portal
• Call center support
• Escalation matrix

Grievances expected to be resolved within 15 days.

11. Taxation

Incentives are subject to provisions of the Income Tax Act, 1961 unless exempted separately.

12. Source

Official Guidelines: Ministry of Labour & Employment – PMVBRY Guidelines 

Frequently Asked Questions (FAQ)

1. What is Pradhan Mantri Viksit Bharat Rozgar Yojana?

It is an employment-linked incentive scheme providing financial benefits to first-time employees and employers generating additional formal jobs.

2. Who is eligible under Part A?

First-time EPFO contributors earning less than ₹1 lakh monthly at joining.

3. How much incentive is provided to first-time employees?

Up to ₹15,000 in two installments.

4. How long do employers receive incentives?

2 years for general sectors and 4 years for manufacturing sector.

5. What is baseline employment?

Average employee count during specified reference period before scheme start.

6. Is Aadhaar authentication mandatory?

Yes, UAN must be Aadhaar authenticated using biometric or facial authentication.