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.
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- ›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)
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