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India News Updated Jun 18, 2026

PM Modi to Disburse Rs 2,400 Crore Incentives for Youth Jobs on June 19

Prime Minister Narendra Modi will disburse incentives worth Rs 2,400 crore under the Pradhan Mantri Viksit Bharat Rojgar Yojana on June 19 at Vigyan Bhawan, New Delhi. The incentives will benefit over 15 lakh first-time employees through Direct Benefit Transfer. The scheme has a total outlay of Rs 99,446 crore and aims to create 3.5 crore jobs in two years. Since August 2025, over 63 lakh first-time employees have been brought into the formal workforce, with nearly 30% being women.

Prime Minister to disburse incentives under Pradhan Mantri Viksit Bharat Rojgar Yojana on June 19

New Delhi, June 18

Union Minister for Labour and Employment Mansukh Mandaviya on Thursday said that Prime Minister Narendra Modi will disburse incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana on 19 June at Vigyan Bhawan, New Delhi.

Mansukh Mandaviya said that during the programme, incentives worth Rs 2,400 crore will be disbursed through Direct Benefit Transfer (DBT) to more than 15 lakh beneficiaries. Before the disbursement of incentives, the Prime Minister will interact directly with a few young first-time employees and employers benefiting under PM-VBRY.

"The proceedings of the main event at Vigyan Bhawan will be broadcast live to regional programmes being organised at 200 industrial clusters across the country", he added

Union Minister Mandaviya further added that Regional programmes will be organised simultaneously at these industrial clusters and will be attended by Governors, Chief Ministers, Union Ministers, Deputy Chief Ministers, State Labour Ministers, Members of Parliament, Members of legislative assemblies, mayors, and other distinguished dignitaries.

"During these regional programmes, employers and employees will be felicitated. Appointment Letters will also be distributed to employees," he added

Pradhan Mantri Viksit Bharat Rojgar Yojana is a total outlay of Rs 99,446 crore, and Targeted Job Creation is 3.5 crore jobs in 2 years.

The benefits of this Scheme are up to Rs 15,000 for first-time employees, up to Rs 3,000 per month per new employee for employers. To boost employment in the manufacturing sector, extended benefits are being provided for up to four years.

Since August 2025, more than 63 lakh first-time employees have been brought into the formal workforce under PM-VBRY, of which nearly 30% are women.

More than 80% of establishments incentivised under Part B are small enterprises with fewer than 25 workers. This highlights PM-VBRY's role in supporting small and emerging enterprises while promoting employment generation, which remains the backbone of India's economy.

— ANI

Reader Comments

Rohit P

2,400 crore direct benefits for 15 lakh beneficiaries – that's substantial. But we also need to focus on quality of jobs created, not just numbers. Are these jobs providing decent wages and social security? Need to look beyond the headline figures.

Priya S

Great to see 30% women beneficiaries! But Rs 15,000 for first-time employees seems low in today's economy. Cost of living has gone up so much. Still, better than nothing and a step in right direction. Let's see the implementation on ground level.

James A

Impressive scale – 3.5 crore jobs targeted in 2 years. The regional programs in 200 industrial clusters across India show they're thinking about local employment. If executed well, this could be transformative for rural youth migration patterns.

Nisha Z

Rs 99,446 crore outlay – that's huge! But we need transparency on how many jobs are actually being created beyond the first year. Extended benefits for manufacturing sector up to 4 years is good, but what about service sector jobs? Need holistic approach.

Sarah B

Positive step! The direct interaction with first-time employees and employers before disbursement shows they're listening to ground realities. But hope this scheme doesn't become just a photo-op exercise. Need consistent monitoring and evaluation of outcomes.

V We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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