Modi to Disburse ₹2,400-cr Job SOPs Under PM-VBRY to Boost Formal Jobs
The PMO said the disbursal marks a milestone in the implementation of the Centre’s employment-linked incentive scheme aimed at job creation, formalisation of employment, enhanced employability and expansion of social security coverage
NEW DELHI: Prime Minister Narendra Modi will disburse incentives worth around Rs 2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a programme in the national capital on Friday evening, the Prime Minister’s Office (PMO) said.
The PMO said the disbursal marks a milestone in the implementation of the Centre’s employment-linked incentive scheme aimed at job creation, formalisation of employment, enhanced employability and expansion of social security coverage.
“The scheme has already supported the creation of 15 lakh employment opportunities across the country,” the PMO said.
Under the scheme, first-time employees are eligible for incentives of up to Rs 15,000, while employers generating additional employment can receive up to Rs 3,000 per month per additional employee.
Employers in the manufacturing sector will receive incentives for four years, while those in other sectors will be eligible for two years.
”The scheme reflects the government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth,” the PMO said.
The PM-VBRY, which came into effect on August 1, 2025, has a total outlay of Rs 99,446 crore and aims to incentivise the creation of over 3.5 crore jobs over two years.
“Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a ‘Viksit Bharat’,” the PMO added.
