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PM-VBRY Creates 70 Lakh Jobs, ₹2,000 Cr Incentives to 10 Lakh Youth Completing 6 Months

Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
19 Jun 2026
~2 min
Source: Indian Express
Key Data:70 lakh jobs20 lakh youth10 lakh incentives₹2,000 crore₹99,446 crore3.5 crore target
Bodies:PMO
Practice MCQs from today's news ▸
What This Article Covers

1.PM Modi announced 70 lakh jobs created under PM-VBRY, with 20 lakh youth completing 6 months in first job.

2.₹2,000 crore disbursed as incentives to 10 lakh beneficiaries for completing 6-month milestone.

3.Scheme targets 3.5 crore jobs over 2 years with ₹99,446 crore outlay; first-time employees get up to ₹15,000 incentive.

The Big Picture
Prelims · HighMains · Medium

PM-VBRY, launched in August 2025, aims to create 3.5 crore jobs over two years with ₹99,446 crore outlay. So far 70 lakh jobs created, 20 lakh youth completed 6 months, and 10 lakh received incentives. This is a key government initiative for formal employment and social security.

Exam Lens

Quick Exam Facts From News

Jobs Created70 lakh
Youth Completed 6 Months20 lakh
Incentive Recipients10 lakh
Incentive Amount Disbursed₹2,000 crore
Scheme Outlay₹99,446 crore
Target Jobs3.5 crore
Scheme Effective DateAugust 1, 2025
First-time Employee IncentiveUp to ₹15,000
Employer IncentiveUp to ₹3,000 per month per additional employee

1-Minute Revision

  • ›Jobs Created: 70 lakh
  • ›Youth Completed 6 Months: 20 lakh
  • ›Target this Data: 70 lakh jobs created, 20 lakh completed 6 months, ₹2,000 crore incentives, outlay ₹99,446 crore, target 3.5 crore jobs, effective August 1, 2025.
  • ›Target this Nodal Body: Prime Minister's Office (PMO) issued the statement.
  • ›Target this Legal Point: Not applicable; scheme is executive action.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which office issued the statement regarding the PM-VBRY incentive disbursal?

Q2Statement-basedHard

Consider the following statements regarding PM-VBRY:

1. The scheme came into effect on August 1, 2025.

2. First-time employees are eligible for an incentive of up to ₹15,000.

3. Employers are eligible for an incentive of up to ₹5,000 per month per additional employee.

Which of the statements given above is/are correct?

Q3Data-centricMedium

How many youth have completed six months in their first job under PM-VBRY?

Q4Application/ImpactMedium

What is the primary objective of the PM-VBRY scheme?

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