New scheme to create 3.5cr jobs, ₹15,000 monthly incentive

Business Nov 04, 2025

The government launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), aiming to create over 3.5 crore new jobs with a massive ₹99,446 crore budget.
If you're a first-time employee registered with EPFO and earning up to ₹1 lakh per month, you could get an incentive of up to ₹15,000.
Employers also score up to ₹3,000 a month for every new hire for two years.

EPFO training staff for smooth implementation

This scheme is all about boosting formal jobs and social security as part of India's big 2047 development vision.
The EPFO in Bengaluru is training its staff so more people can benefit, and there are extra perks for manufacturing sector employers too.
It's a step toward making stable jobs more accessible for job seekers across the country.