India launches PM-VBRY job scheme with ₹2,400 crore incentive disbursement
On June 19, 2026, Prime Minister Narendra Modi launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) from Vigyan Bhavan, New Delhi, disbursing ₹2,400 crore in incentives to 15 lakh beneficiaries. The scheme, with a ₹99,446 crore outlay, aims to create 3.5 crore formal jobs over two years by offering first-time employees up to ₹15,000 and employers up to ₹3,000 per month per new hire. Parallel outreach events occurred across 200 industrial clusters and state capitals, including Visakhapatnam, Hubballi, and Raichur.
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PM-VBRY Scheme Aims to Incentivize First-Time Employees and Employers for Formal Job Creation
Mahesh Tenginakai, Hubballi-Dharwad Central MLA, announced that the Pradhan Mantri Vikasit Bharat Rojgar Yojna (PM-VBRY), launched by the Union government on August 15, 2025, is designed to encourage first-time employees and employers to boost formal job creation. Speaking at an EPFO-organized outreach programme in Hubballi, he stated that ₹2,400 crore in incentives were being disbursed nationwide as part of a national event where Prime Minister Narendra Modi distributed benefits to over 15 lakh beneficiaries. Regional Provident Fund Commissioner Ashutosh noted the scheme runs until July 31, 2027, targeting 3.5 crore jobs, with 1.92 crore already created. Benefits include ₹15,000 for new EPFO-registered employees in two instalments in the first year and a ₹3,000 monthly subsidy for employers over four years. Over 300 participants attended the Hubballi event, where 17 employment letters were distributed by employers including Deshpande Foundation, RNS Motors, and VRL Group.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.6,001 Establishments Registered Under PM Viksit Bharat Rozgar Yojana in Coimbatore and Nilgiris
The Employees Provident Fund Organisation reported that 6,001 establishments in Coimbatore and the Nilgiris districts have registered under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), covering 219,626 employees. This includes 74,815 new members and 144,811 rejoining members. The scheme, launched by Prime Minister Narendra Modi in August 2025, aims to promote formal employment and social security, targeting over 3.5 crore jobs nationally in two years. At a Coimbatore event on June 19, 2026, five employers handed appointment letters to 10 new recruits. MP Ganapathi P. Rajkumar praised the scheme's role in bolstering labour-intensive manufacturing, noting Coimbatore's resilience through economic challenges.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.PM Modi to disburse ₹2,400 crore in incentives under PM-VBRY employment scheme
Prime Minister Narendra Modi will disburse ₹2,400 crore worth of incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) on June 19, 2026, in New Delhi. Union Labour Minister Mansukh Mandaviya announced that 15 lakh beneficiaries will receive the incentive as Direct Benefit Transfer (DBT). The scheme has a total outlay of ₹99,446 crore and aims to create 3.5 crore jobs in two years. First-time employees will receive benefits worth ₹15,000, while employers will get up to ₹3,000 per month per new employee, with extended benefits for up to four years. Since August 2025, over 63 lakh first-time employees have been brought into the formal workforce, nearly 30% of whom are women. More than 80% of incentivized establishments are small enterprises with fewer than 25 workers. The event will include virtual participation from Chief Ministers and Cabinet Ministers at 200 industrial clusters across states.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.PM-VBRY outreach programme in Hubballi, Belagavi tomorrow
The Regional Office of Employees Provident Fund Organisation (EPFO) in Hubballi is organizing a State-level outreach programme under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) in Hubballi and Belagavi on Friday. The events are part of a nationwide PM-VBRY event presided over by Prime Minister Narendra Modi from Vigyan Bhawan in New Delhi. Regional Provident Fund Commissioner Ashutosh announced that the Hubballi event will be held at Deshpande Foundation Auditorium on the BVB campus of KLE Technological University, while the Belagavi event will take place at Belgaum Foundry Cluster, Angol Industrial Area, both starting at 5 p.m. The scheme aims to incentivize creation of over 3.5 crore jobs over two years. During the Hubballi event, 17 newly recruited candidates will receive appointment orders, and around 300 PM-VBRY beneficiaries are expected to participate. The programme focuses on promoting formal employment, social security coverage, and awareness of labour reforms.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.PM Viksit Bharat Udyog Yojana aims to increase job opportunities
The Pradhan Mantri Viksit Bharat Udyog Yojana, launched by Prime Minister Narendra Modi on August 15, 2025, aims to create 3.5 crore jobs in the private sector between August 1, 2025 and July 31, 2027, with a ₹1 lakh crore outlay. Regional Assistant Provident Fund Commissioner Niraj Kumar announced the details in Raichur. The scheme has two parts: Part A provides first-time workers an incentive of ₹15,000, disbursed in two instalments after six and twelve months of employment. Part B offers employers up to ₹3,000 per month per new employee. The scheme targets individuals registered with the EPFO, earning up to ₹1 lakh monthly, and employed after August 2025. PM Modi will interact with beneficiaries on July 19, 2026, in a live telecast from Vigyan Bhavan, New Delhi, to 200 locations including Raichur.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.PM Viksit Bharat Rozgar Yojana to be launched on June 19
The Pradhan Mantri Viksit Bharath Rozgar Yojana (PMVBRY), a scheme providing financial incentives to first-time employees and employers creating additional jobs, will be launched on June 19, 2026. Prime Minister Narendra Modi will launch the disbursal of ₹2,400 crore in incentives at a Delhi event at 4 p.m. The scheme offers up to ₹15,000 for new formal employees and up to ₹3,000 per month for employers generating extra jobs. The Employees’ Provident Fund Organisation’s Tirunelveli Regional Office will simultaneously hold a local event to disburse incentives to beneficiaries, with employers and employees participating.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.EPFO to hold outreach drive on Pradhan Mantri Viksit Bharat Rozgar Yojana
The Employees' Provident Fund Organisation (EPFO) will hold outreach events in Visakhapatnam and Vizianagaram, Andhra Pradesh, on June 19, 2026, to mark the release of incentive benefits under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY). The scheme, launched by Prime Minister Narendra Modi on August 15, 2025, aims to promote large-scale formal employment and strengthen social security coverage, with a target of creating over 3.5 crore jobs in two years. The national event will be presided over by the Prime Minister at Vigyan Bhavan, New Delhi, with parallel events across nearly 200 industrial clusters and state capitals. Regional Provident Fund Commissioner Amardip Mishra reviewed preparations, noting participation from senior officials, industry representatives, employers, and employees.
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