Key Points

Prime Minister Narendra Modi had announced the scheme during his Independence Day address on August 15.

Mandaviya said the government had launched a significant job scheme aimed at creating over 3.5 crore jobs in the next two years.

"The Union Cabinet on 1st July, 2025, approved the employment-linked incentive scheme named as Pradhan Mantri Viksit Bharat Rozgar Yojana. The scheme aims to support employment generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector. It is a Central Sector Scheme. With an outlay of nearly Rs 1 Lakh Crore, the Scheme aims to incentivise the creation of more than 3.5 Crore jobs in the country, over a period of 2 years," Mandaviya said.

He also said that the scheme will apply to jobs created between August 1, 2025, and July 31, 2027.

"The benefits of the Scheme would be applicable to jobs created between 01st August 2025 and 31st July 2027. Prime Minister Narendra Modi launched the Pradhan Mantri Viksit Bharat Rojgar Yojana during his 12th Independence Day address from the Red Fort on 15th August 2025. Pradhan Mantri Viksit Bharat Rojgar Yojna portal has become live from today, on 18th August 2025," he added.

The Union Cabinet on July 1 approved the Employment Linked Incentive Scheme named as Pradhan Mantri Viksit Bharat Rozgar Yojana. The scheme aims to support employment generation, enhance employability and social security across all sectors, with special focus on the manufacturing sector.

The Pradhan Mantri Viksit Bharat Rozgar Yojana consists of two parts. Part A offers a one-time incentive to first-time employees equivalent to the average one-month wage (Basic plus DA) up to Rs 15,000, paid in two instalments. Employees with a gross wage up to Rs 1 lakh are eligible for this incentive.

Part B provides support to employers for generating additional employment in all sectors, with special focus on the manufacturing sector. Under this part, establishments will receive an incentive of up to Rs 3,000 per month for each additional employee, including first-timers and re-joiners, for a sustained period of at least six months. The incentive will be paid for two years, but for establishments in the manufacturing sector, it will be provided for four years.

To be eligible under Part B, establishments with fewer than 50 existing employees must hire at least two additional employees, while those with 50 or more existing employees must hire at least five additional employees. The new hires must be maintained for at least six months.

Exempted establishments under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, are also included. These establishments must file the Electronic Challan-cum-Return and open Universal Account Numbers for all their existing and new employees using the facility provided on the UMANG App.

- ANI