Introduction:
Prime Minister Narendra Modi announced PM-VBRY on 15th August 2025 from Red Fort. This mega employment scheme has ₹1 lakh crore budget to create 3.5 crore jobs in 2 years, including 1.92 crore private sector jobs for first-time workers.
Key Features:
- Total budget: ₹99,446 crore
- Targets youth aged 18-45 years
- Focuses on private sector employment
- Provides ₹15,000 cash incentive per eligible employee
- Offers hiring benefits to companies
Eligibility for Job Seekers:
- Must be first-time private sector employee
- Age between 18-45 years
- Minimum 12-month job contract
- Salary between ₹15,000-25,000/month
- Requires Aadhaar-linked bank account
- Must complete financial literacy course
Eligibility for Employers:
- MSMEs, startups and corporates eligible
- Must be registered with EPFO/ESIC
- Should be GST compliant
- Minimum 6 months operational history
- New jobs must be created after 1st April 2025
Incentive Structure:
For Employees:
- ₹7,500 after 6 months employment
- ₹7,500 after 12 months + course completion
For Employers:
- Micro enterprises: ₹20,000 per job (max 10)
- Small enterprises: ₹15,000 (max 25)
- Medium enterprises: ₹12,000 (max 50)
- Startups: ₹18,000 (max 30)
- Corporates: ₹10,000 (max 100)
- Extra 5% for hiring women/divyangjan
Implementation Process:
- Registration through PM-VBRY portal/UMANG app
- Document submission (Aadhaar, educational proofs)
- Verification via government databases
- DBT payments after approval
- Monthly monitoring through EPFO data
Skill Development:
Mandatory 100-hour training including:
- Technical skills for specific sectors
- Soft skills development
- Financial literacy program
- Digital skills certification
Monitoring System:
- AI-powered job matching platform
- Sector-wise hiring targets
- Special quotas for aspirational districts
- Regular social audits
- Aadhaar-based attendance tracking
Benefits:
- Boosts private sector employment
- Encourages companies to hire more
- Reduces unemployment rate
- Improves financial awareness
- Supports MSME growth
- Promotes women employment
How to Apply:
- Visit official PM-VBRY portal
- Register with Aadhaar details
- Submit required documents
- Wait for verification
- Receive benefits in bank account
Conclusion:
PM-VBRY is India’s most ambitious employment scheme that directly benefits both job seekers and employers. With proper implementation, it can transform India’s job market and boost economic growth. All eligible youth and businesses should register to avail its benefits.
For More Information:
Visit: labour.gov.in/pmvbry
Helpline: 1800-180-2025 (coming soon)