PM Modi to disburse ₹2,400 crore under PM-VBRY at Vigyan Bhawan today
Synopsis
Prime Minister Modi will personally disburse ₹2,400 crore in employment incentives on 19 June — the largest single payout under PM-VBRY, a ₹99,446 crore scheme that has already created 15 lakh formal jobs since August 2025 and is targeting 3.5 crore more, with first-time workers eligible for up to ₹15,000 each.
Key Takeaways
PM Modi will distribute ₹2,400 crore in incentives under PM-VBRY at Vigyan Bhawan on 19 June 2025 .
The scheme has already facilitated around 15 lakh employment opportunities since its launch in August 2025 .
First-time employees can receive up to ₹15,000 ; employers get up to ₹3,000 per month per additional hire.
Manufacturing sector employers receive incentives for four years , versus two years for other sectors.
Total scheme outlay is ₹99,446 crore , targeting over 3.5 crore jobs , including 1.92 crore first-time workforce entrants.
Prime Minister Narendra Modi will distribute incentives worth approximately ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special event at Vigyan Bhawan, New Delhi on Friday, 19 June. The scheme has already facilitated around 15 lakh employment opportunities across the country since its launch, according to the Prime Minister's Office (PMO).
What PM-VBRY Offers
The scheme is structured to incentivise both workers and employers to participate in the formal economy. First-time employees are eligible for incentives of up to ₹15,000, providing financial support as they enter the workforce for the first time.
On the employer side, businesses generating additional employment can receive up to ₹3,000 per month for each new hire, encouraging sustained job creation beyond one-off recruitments.
Manufacturing Gets Longer Support Window
Recognising manufacturing's central role in economic expansion, the scheme extends employer incentives in the manufacturing sector for a period of four years — double the two-year window available to employers in other sectors. This differential is designed to attract sustained investment in labour-intensive factory-floor jobs, where formal employment gaps remain the widest.
Scale and Targets
PM-VBRY came into effect on 1 August 2025 with a total outlay of ₹99,446 crore. The scheme targets the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore are expected to be first-time entrants to the workforce — a cohort that has historically struggled to access formal employment and its associated social security benefits.
Broader Policy Context
The initiative sits within the government's broader push to expand formal employment coverage and advance its Viksit Bharat (Developed India) vision. Notably, linking incentives directly to EPFO registration — a key eligibility criterion under the scheme — is intended to pull more workers into the social security net, not just generate employment numbers on paper.
Friday's disbursement event marks a significant milestone, with the Centre channelling the largest single tranche of PM-VBRY payouts to date. The government has stated that the scheme is expected to play a transformative role in strengthening social security coverage and translating economic growth into quality formal employment, particularly for the youth.
Point of View
400 crore disbursement is a visible political signal, but the harder question is whether PM-VBRY is pulling genuinely new workers into the formal economy or subsidising hiring that would have happened anyway. The EPFO-linkage criterion is a step toward verifiability, yet independent tracking of additionality — whether these are net new formal jobs — remains absent from the public framework. With 1.92 crore first-time entrants targeted, the scheme's real test is retention: whether workers remain in the formal sector after the incentive window closes, or cycle back to informality as has happened with past employment-linked schemes.
NationPress
4 Aug 2026
Frequently Asked Questions
What is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)?
PM-VBRY is a Central government employment scheme launched on 1 August 2025 with a total outlay of ₹99,446 crore. It incentivises both employees and employers to participate in the formal economy, targeting the creation of more than 3.5 crore jobs over two years, including 1.92 crore first-time workforce entrants.
How much can a first-time employee receive under PM-VBRY?
First-time employees are eligible for incentives of up to ₹15,000 under the scheme, designed to provide financial support as they enter the formal workforce for the first time.
What incentives do employers get under PM-VBRY?
Employers who generate additional employment can receive up to ₹3,000 per month for each new hire. Manufacturing sector employers are eligible for these incentives for four years, while employers in other sectors qualify for two years.
How many jobs has PM-VBRY created so far?
According to the PMO, the scheme has facilitated around 15 lakh employment opportunities across the country since its launch in August 2025.
Where and when will PM Modi distribute the ₹2,400 crore in incentives?
Prime Minister Modi will disburse the incentives at a special programme at Vigyan Bhawan in New Delhi on Friday, 19 June 2025.
