The PM Viksit Bharat Rozgar Yojana, launched to promote job creation and youth employment, offers financial incentives directly to employers for hiring new employees. Employers who hire eligible employees with a salary up to ₹1 lakh and complete registration can avail monthly incentives up to ₹3,000 per employee, supporting workforce expansion from August 1, 2025.
Employers must visit the official PM Viksit Bharat Rozgar Yojana portal to complete a one-time registration by providing business details, including PAN, GSTIN, TAN, and bank account information. New employees hired from August 1, 2025, onwards must be registered, and monthly ECR reports are to be submitted on time to maintain eligibility.
The incentive of ₹3,000 per month per new employee is credited directly to the employer’s PAN-linked bank account, lasting for two years, with an extended period for the manufacturing sector.
Smaller companies with fewer than 50 employees need to hire at least 2 new workers yearly, while larger companies must recruit at least 5. The new employees must sustain employment for a minimum of 6 months to qualify. This initiative aims to formally integrate the youth into the workforce and enhance employment opportunities nationwide.
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There is no separate registration form for PM Viksit Bharat Rozgar Yojana. All eligible establishments under the EPF & MP Act, 1952, are automatically covered.
Employers must ensure their PAN or TAN, GSTN, and PAN-linked bank account are updated in the system to receive incentives.
The official portal for the scheme is pmvbry.epfindia.gov.in. Employers and employees can check eligibility, track status, and manage scheme-related information here.
For login and employee updates, employers can also use the PMVBRY login option on the EPFO website. Notifications and circulars are available on pmvbry.labour.gov.in.
No manual registration is needed, as the system uses ECR filings and UAN data to identify beneficiaries.
The scheme has two components:
After being covered under the scheme, employers are required to:
Employers must be registered with the Employees' Provident Fund Organisation (EPFO) and comply with workforce size requirements for new hires. Only employees earning ₹1 lakh or less monthly qualify, and they must be first-time workers entering formal employment through the EPFO system. The new employee should complete at least 6 months of continuous employment under the employer to receive incentives.
The PM Viksit Bharat Rozgar Yojana delivers vital financial support to employers who create new jobs, especially benefiting small and large businesses that expand their workforce. By facilitating formal employment and incentivising continuous retention, this scheme aligns with national goals to boost employment and support India’s economic growth through sustainable job creation.
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Published on: Aug 29, 2025, 1:33 PM IST
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