Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)

Key Highlights of the PMVBRY Scheme

The following table summarises PMVBRY's main features, including its implementation period, incentive limits and application process.

What are the Objectives of PMVBRY?

PMVBRY aims to create more formal jobs in India, help first-time employees enter the workforce and encourage employers to hire more workers. Its main objectives are:

1. Support first-time employees: Provide eligible workers with a financial incentive when they enter formal employment.
2. Expand social security coverage: Encourage more workers to join the EPFO system and receive its applicable benefits.
3. Encourage employers to hire: Offer financial incentives to eligible establishments that create and maintain additional jobs.
4. Promote manufacturing jobs: Extend employer incentives to four years in the manufacturing sector to encourage long-term job creation.
5. Encourage saving habits: Help first-time employees build financial security by placing the second instalment of their incentive in a designated savings instrument or deposit account for a fixed period.

What are the Components of the PMVBRY Scheme?

PMVBRY has two components. Part A provides financial support to eligible first-time employees, while Part B rewards eligible employers for creating additional jobs and retaining workers.

PMVBRY Part A

Part A of the PM Viksit Bharat Rozgar Yojana helps eligible first-time employees receive financial support when they join an EPFO-covered establishment. The incentive is based on their EPF wages and is capped at ₹15,000.

Here's how the employee incentive is paid:

• First instalment: Eligible employees can receive up to ₹7,500 after completing six months of employment, subject to the required Electronic Challan-cum-Return (ECR) filings and EPF contributions.
• Second instalment: The remaining eligible amount can be paid after 12 months of employment, provided the employee completes the required financial literacy programme and the establishment meets the prescribed filing conditions.
• Savings requirement: The second instalment is placed in an appropriate savings instrument or deposit account for a fixed period under the scheme's guidelines. The employee can access it later, subject to the applicable conditions.

PMVBRY Part B

Part B of PMVBRY encourages eligible EPFO-registered establishments to create additional jobs and retain employees. The incentive amount depends on the new employee's EPF wage, while payment also depends on the employer meeting the scheme's employment and compliance conditions.

For employees with EPF wages of up to ₹10,000, the incentive is calculated proportionately, subject to the scheme rules.

Conditions for Employer Incentives in PMVBRY

The incentive under Part B of PMVBRY depends on the EPF wages of newly hired employees, the establishment's size and the sector in which it operates. Eligible employers can receive ₹1,000 to ₹3,000 per month for each additional employee, subject to the scheme's wage slabs and other conditions.

• Incentive amount: ₹1,000 per month for eligible employees earning up to ₹10,000 in EPF wages, ₹2,000 for wages above ₹10,000 and up to ₹20,000, and ₹3,000 for wages above ₹20,000 and up to ₹1 lakh.
• Incentive period: Up to two years for eligible establishments in most sectors and up to four years for eligible manufacturing establishments.
• Additional hiring requirement: Establishments with fewer than 50 employees must hire at least two additional employees, while those with 50 or more employees must hire at least five, subject to the scheme's prescribed conditions.
• Payment process: Incentives are paid in six-monthly instalments to the establishment's PAN-linked bank account after the required ECR filings and eligibility checks.

PMVBRY Eligibility Criteria for Employees and Employers

The PM Viksit Bharat Rozgar Yojana has separate eligibility conditions for first-time employees and employers. Employees must meet the scheme's requirements for joining formal employment, wages and authentication, while employers must create additional jobs and comply with EPFO requirements.

Employee Eligibility for PMVBRY

Part A of PMVBRY is intended for first-time employees joining the formal workforce through an EPFO-covered establishment. To qualify for the incentive, employees must meet the following conditions:

• First-time EPF membership: The employee must qualify as a first-time worker under the scheme and must not have been an EPF member before the applicable eligibility date.
• Eligible joining period: The employee must join an EPFO-covered establishment between 1 August 2025 and 31 July 2027.
• Monthly wage limit: The employee's monthly wages must not exceed ₹1 lakh.
• Minimum service period: The employee must complete six months of continuous service to qualify for the first instalment and 12 months of service, along with the required financial literacy programme, for the second instalment.
• UAN and Aadhaar authentication: The employee must have a valid Universal Account Number (UAN) authenticated through the prescribed process. First-time employees must complete the required Face Authentication Technology (FAT) process through the UMANG App.
• Aadhaar-linked bank account: The employee must have an eligible bank account linked to Aadhaar to receive the incentive through the Aadhaar Bridge Payment System (ABPS).

Employer Eligibility for PMVBRY

Part B of PMVBRY supports EPFO-registered establishments that create additional employment and retain eligible workers. Employers must meet the following requirements to receive incentives:

• EPFO registration: The establishment must be registered with EPFO. Eligible exempted establishments must also follow the special reporting and compliance requirements applicable to them.
• Minimum additional hiring: Establishments with fewer than 50 employees in the baseline workforce must hire at least two additional employees. Establishments with 50 or more baseline employees must hire at least five additional employees.
• Eligible employee wages: The monthly wages of each additional employee covered by the scheme must not exceed ₹1 lakh.
• Minimum employment period: Additional employees must remain in sustained employment for at least six continuous months, subject to the scheme's rules.
• Regular ECR filing: Employers must file the required Electronic Challan-cum-Returns (ECRs) and deposit the applicable EPF contributions within the prescribed timelines.
• Additional employment requirement: The establishment must maintain the required increase in its workforce compared with the scheme's baseline. Hiring employees without meeting the prescribed additional employment conditions does not automatically qualify the establishment for incentives.
• Bank account details: The establishment must provide valid PAN-linked bank account details for receiving eligible incentive payments.

How to Apply for the PM Viksit Bharat Rozgar Yojana?

The application process for the Pradhan Mantri Viksit Bharat Rozgar Yojana differs for employees and employers. First-time employees must complete UAN generation and face authentication, while eligible employers must register their establishments on the official PMVBRY portal and meet the scheme's employment and EPFO compliance requirements.

Employee Registration for PMVBRY

Eligible first-time employees do not need to submit a separate application form for the incentive. However, they must complete the required authentication steps and meet the scheme's employment conditions to receive the benefit.

1. Generate a UAN: Use the UMANG App to generate and activate your Universal Account Number (UAN) through Aadhaar-based Face Authentication Technology (FAT). From 1 August 2025, this is the prescribed process for first-time UAN generation, subject to specified exceptions.
2. Complete face authentication: Ensure that your UAN has been authenticated through the prescribed process. This verification is mandatory for receiving PMVBRY benefits.
3. Check your bank account: Ensure that your bank account is active, linked to Aadhaar and enabled to receive Direct Benefit Transfer (DBT) payments through the Aadhaar Bridge Payment System (ABPS).
4. Complete the required employment period: Remain in eligible employment for at least six months to qualify for the first instalment, subject to the scheme's conditions.
5. Complete the financial literacy course: Complete the prescribed financial literacy course and meet the 12-month service requirement for the second instalment.

Employer Registration for PMVBRY

Employers must complete a one-time registration on the official PMVBRY portal and meet the scheme's hiring, employment and EPFO compliance conditions to receive incentives.

1. Visit the official portal: Open the PMVBRY portal hosted by EPFO or the Ministry of Labour and Employment portal.
2. Register the establishment: Complete the one-time registration process using the establishment details and credentials requested by the portal.
3. Hire eligible employees: Recruit additional employees who meet the scheme's wage and eligibility requirements. The establishment must meet the applicable minimum additional hiring threshold.
4. File ECRs and deposit contributions: Submit the required monthly ECRs and deposit EPF contributions within the prescribed timelines.
5. Maintain additional employment: Retain the required level of additional employment for the prescribed period and meet the scheme's other conditions.
6. Receive eligible incentives: After verification of the establishment's registration, employment and compliance details, eligible incentives are transferred to its PAN-linked bank account in accordance with the scheme's payment rules.

Documents and Details Required for PMVBRY

The information required under PMVBRY depends on whether the beneficiary is an employee or an employer. Keeping the relevant identity, bank and establishment details ready can help complete authentication and registration without unnecessary delays.

Employee Documents Required for PMVBRY

First-time employees should keep the following details available for UAN authentication and incentive payments in PMVBRY:

• Aadhaar card: Required for the prescribed face authentication and identity verification process.
• Universal Account Number (UAN): Generated and authenticated through the prescribed process on the UMANG App.
• Bank account details: An active bank account linked to Aadhaar and enabled for DBT payments through ABPS.
• Employment and EPF details: Accurate joining details and EPF records, maintained through the employer's required filings.

Employer Documents Required for PMVBRY

Employers should keep their establishment and banking information ready for one-time registration and subsequent compliance checks.

• EPFO establishment details: Establishment registration code and the required EPFO credentials.
• PAN details: Valid PAN information for the establishment.
• Bank account details: An active bank account linked to the establishment's PAN for receiving eligible incentives.
• Employee and payroll records: Details needed to verify joining dates, wages, workforce strength and additional employment.
• ECR and EPF contribution records: Records showing timely filing of returns and deposit of applicable contributions.
• Other registration details: GSTIN or other establishment information, where requested by the portal or applicable to the business.

Key Takeaways

The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) aims to encourage formal employment by supporting both first-time employees and employers who create additional jobs. Under Part A, eligible first-time workers can receive a benefit of up to ₹15,000, while eligible employers can receive monthly incentives for hiring and retaining additional employees under Part B.

The scheme also encourages more workers to become part of the formal workforce and receive the benefits of EPFO-linked social security. If you are a first-time employee or an eligible employer, understanding the PMVBRY eligibility criteria, benefits, registration process and applicable conditions can help you determine whether you qualify for the scheme.