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The Pradhan Mantri Viksit Bharat Udyog Yojana, launched by Prime Minister Narendra Modi connected August 15, 2025, is simply a occupation instauration strategy aimed astatine expanding employment opportunities successful the backstage assemblage for the archetypal clip successful India, Regional Assistant Provident Fund Commissioner successful Raichur Niraj Kumar has said.
He was addressing a property league successful Raichur connected Tuesday.
The strategy aims to make 3.5 crore jobs betwixt August 1, 2025 and July 31, 2027 with an outlay of ₹1 lakh crore, helium said. He added that this strategy consists of 2 sections: Part A focuses connected first-time workers and Part B focuses connected employers oregon recruiters.
Earlier, the strategy was named the Employment Related Incentive Scheme. On August 1, 2025, the strategy was renamed Viksit Bharat Udyog Yojana and Prime Minister Narendra Modi officially announced it during his Independence Day code connected August 15.
Under the scheme, young employees who get their archetypal jobs successful the backstage assemblage volition person an inducement of ₹15,000 which volition beryllium transferred straight to their slope accounts.
This inducement volition beryllium disbursed successful 2 instalments. The archetypal volition beryllium fixed aft them completing six months of employment and the 2nd aft them completing 12 months, helium said and added: “To make caller jobs, the authorities provides employers with incentives of up to ₹3,000 per period for each caller employee.”
The strategy is targeted astatine individuals who are registered with the Employees Provident Fund Organisation and are moving successful the backstage assemblage for the archetypal clip and person a monthly wage of up to ₹1 lakh. And, employees should person got their names registered with the EPFO aft August 2025.
July 19 telecast
Prime Minister Narendra Modi volition interact with the beneficiaries of this strategy from Vigyan Bhavan successful New Delhi connected July 19 and the lawsuit volition beryllium telecast unrecorded successful 200 places successful the country, including the Navodaya Institute of Technology successful Raichur, helium said.
Regional Assistant Provident Fund Office accountants P. Raghavendra and Sharanabasava, Senior Assistant Director of the Information and Public Relations Department G. Suresh and others were present.
