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- With an outlay of ₹99,446 crore, the scheme aims to generate 3.5 crore jobs over two years (1 Aug 2025 – 31 July 2027).
- It provides ₹15,000 incentives to first-time employees joining EPFO-registered establishments and ₹3,000/month per new hire to employers for up to 2 years (4 years for manufacturing).
- Benefits are disbursed via DBT and Aadhaar-linked systems. The scheme also promotes financial literacy and long-term savings.
- It is administered by the Employees’ Provident Fund Organisation (EPFO).
Question:
Q.1 What is the incentive given to employers per new hire under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)?a) ₹1,000/month for 2 years
b) ₹3,000/month for 2 years (4 years for manufacturing sector establishments)
c) ₹5,000/month for 1 year
d) ₹15,000 one-time
Answer: b) Employers receive ₹3,000 per month for each new hire, for up to 2 years. The period extends to 4 years if the establishment belongs to the manufacturing sector.