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PM Viksit Bharat Rozgar Yojana: ₹1 Lakh Cr Outlay, 3.5 Cr Jobs Target till 2027

Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains MediumStatic GK Link
18 Jun 2026
~2 min
Source: The Hindu
Key Data:3.5 crore jobs₹1 lakh crore outlayUp to ₹15,000 incentive per new employee24 months incentive for services48 months incentive for manufacturingEffective Aug 1, 2025 to Jul 31, 2027
Bodies:EPFORegional Provident Fund Commissioner
Practice MCQs from today's news ▸
What This Article Covers

1.PM-VBRY targets creation of 3.5 crore new jobs across India with a ₹1 lakh crore government outlay.

2.Benefits are for first-time EPF entrants only; employers in services (24 months) and manufacturing (48 months) receive incentives.

3.New employees get a one-time incentive up to ₹15,000; scheme effective from Aug 1, 2025 to Jul 31, 2027.

The Big Picture
Prelims · HighMains · Medium

The Centre has launched the PM Viksit Bharat Rozgar Yojana (PM-VBRY), a flagship scheme to create 3.5 crore new jobs with a ₹1 lakh crore outlay. It provides financial incentives to both employers and new EPF enrollees, aiming to boost formal employment. For aspirants, this is a high-priority scheme with clear prelims data and mains linkages to employment policy.

Exam Lens

Quick Exam Facts From News

Scheme NamePradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)
Total Jobs Target3.5 crore
Budget Outlay₹1 lakh crore
Employee IncentiveUp to ₹15,000 (one-time, two instalments)
Employer Incentive Duration24 months (services), 48 months (manufacturing)
Effective PeriodAug 1, 2025 – Jul 31, 2027
EligibilityNew EPF entrants only (must work >6 months)

1-Minute Revision

  • ›Scheme Name: Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)
  • ›Total Jobs Target: 3.5 crore
  • ›Target this Data: 3.5 crore jobs, ₹1 lakh crore outlay, up to ₹15,000 incentive per employee
  • ›Target this Nodal Body: Ministry of Labour and Employment (via EPFO)
  • ›Target this Legal Point: Employees' Provident Fund Act, 1952 (EC Act)

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 ministry is primarily responsible for implementing the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)?

Q2Statement-basedHard

Consider the following statements regarding the PM Viksit Bharat Rozgar Yojana:

1. The scheme aims to create 3.5 crore new jobs across India.

2. Benefits are applicable to both new and existing EPF members.

3. Employers in the manufacturing sector receive incentives for 48 months.

Which of the statements given above is/are correct?

Q3Data-centricMedium

What is the total financial outlay allocated by the central government for the PM Viksit Bharat Rozgar Yojana?

Q4Application/ImpactMedium

What is the primary objective of the PM Viksit Bharat Rozgar Yojana as highlighted in the news?

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