Launch of PM Viksit Bharat Rozgar Yojana (PM-VBRY)
The PM Viksit Bharat Rozgar Yojana (PM-VBRY), an Employment Linked Incentive Scheme, will commence on August 1, 2025, aiming to create over 3.5 Crore jobs in two years with a budget of Rs 99,446 Crore. The scheme focuses on first-time employees and incentivizes employers to generate new jobs, particularly in the manufacturing sector, with benefits applicable for jobs created until July 31, 2027.
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