The Government of India Launched Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) on Independence Day, August 15, 2025, and approved earlier by the Union Cabinet on July 1, 2025, the scheme runs from August 1, 2025, to July 31, 2027. A flagship program aimed at accelerating job creation and strengthening the nation’s workforce. The scheme is designed to provide fresh employment opportunities, especially for youth, women, and marginalized groups, while offering financial incentives to industries that expand their hiring. It is a central sector employment-linked incentive scheme with an outlay of approximately ₹99,446 crore to ₹1 lakh crore, aiming to generate 3.5 crore new formal jobs
As part of the initiative, the government will support employers by contributing towards social security schemes such as EPFO and ESIC for newly hired employees, reducing the burden on companies and encouraging large-scale recruitment. In addition to job generation, PMVBRY emphasizes skill training and upskilling in emerging sectors like manufacturing, IT, services, and green energy.
Officials highlight that the program aligns with India’s vision of becoming a “Viksit Bharat” (Developed Nation) by 2047, ensuring inclusive growth, reduced unemployment, and a future-ready skilled workforce.
