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April 2026

To achieve the vision of Viksit Bharat@2047the Government of India in the Budget 2024-25 announced Employment Linked Incentives Scheme as part of the "Prime Minister's Package for Employment and Skilling". The scheme is named as Pradhan Mantri Viksit Bharat Rozgar Yojana. The scheme consists of two parts-it provides assistance to employees and support to the establishments for making the first timer employee more productive and incentivizes those establishments that generate additional employment. Furtherthe scheme will complement the 'National Manufacturing Mission' in promoting entry of new industries as well as scaling up of the existing industries particularly in labour-intensive manufacturing sectors. The Pradhan Mantri Viksit Bharat Rozgar Yojana will be implemented by the Ministry of Labour & Employment through Employees Provident Fund Organisation (EPFO)a statutory body under the Employees' Provident Funds & Miscellaneous Provisions Act of 1952. The Union Cabinet on 1st July 2025 approved the Employment Linked Incentive Schemewith an outlay of ₹99,446 Crorethe scheme aims to incentivize creation of more than 3.5 Crore jobs in the countryover a period of two years. The benefits of the scheme would be applicable to jobs created between 1st August 2025 and 31st July2027. The scheme will provide incentive of up to ₹15,000 in two instalments to newly employed youth and upto 3000 per month per new employee to employers for creation of new job opportunities. All payments to the First Time Employees under Part A of the Scheme will be made through Direct Benefit Transfer (DBT) mode using Aadhaar Bridge Payment System (ABPS). Payments to the Employers under Part B will be made directly into their PAN-linked Accounts. Employers can now visit Pradhan Mantri Viksit Bharat Rozgar Yojana portal ( https://pmvbry.epfindia.gov.in or https://pmvbry.labour.gov.in) and complete one-time registration process. All first timers have to generate Universal Account Number (UAN)through Face Authentication Technology (FAT) available on UMANG App.