Government to Disburse Nearly ₹2,400 Crore Under PM-VBRY Incentives Scheme on June 19, 2026

Written by: Team Angel OneUpdated on: 18 Jun 2026, 5:32 pm IST
Around ₹2,400 crore will be disbursed under Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) as the scheme continues to support formal workforce participation.
Government to Disburse
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The Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), introduced to encourage formal employment, will see incentives worth around ₹2,400 crore distributed at a programme in New Delhi on June 19. 2026.  

As per an official announcement, the disbursal will take place in the presence of Prime Minister Narendra Modi. 

PM-VBRY Scheme Introduced in 2025 

PM-VBRY came into effect on August 1, 2025, with a total allocation of ₹99,446 crore. The scheme targets the creation of more than 3.5 crore jobs over 2 years.  

Of the total projected beneficiaries, around 1.92 crore are expected to be individuals entering the formal workforce for the first time. 

Employee and Employer Benefits 

First-time employees covered under the scheme can receive financial assistance of up to ₹15,000. Employers hiring additional workers are eligible for incentives of up to ₹3,000 per month for each qualifying employee.  

The financial support is linked to new employment generated under the scheme. 

Manufacturing Sector Gets Longer Incentive Period 

The duration of incentives varies across sectors. Manufacturing establishments can claim benefits for 4 years, while employers in other sectors are eligible for incentives for up to 2 years.  

The scheme also seeks to increase the number of workers covered under formal employment and social security systems. 

Read MoreIndia’s Annual Defence Production Hits Record ₹1.78 Lakh Crore in FY26! 

Conclusion 

The latest incentive disbursal comes under the Centre's employment-linked incentive scheme, which seeks to support job creation across sectors through financial assistance for eligible employees and employers. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 18, 2026, 12:01 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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