Government Schemesv1 · 1 version
PM-VBRY Employment Incentive Scheme
PM-VBRY is a two-year central scheme that pays a cash incentive to workers taking their first formal job and to employers who add staff, with every payment tied to the worker's EPFO record.
Last updated 3 August 20265 min read
Latest update
PM-VBRY finished its first year on 1 August 2026: over 72 lakh first-time workers formalised, nearly a third of them women, and more than 15 lakh already paid.
- PM-VBRY
- Pradhan Mantri Viksit Bharat Rojgar Yojana
- EPFO
- employment linked incentive
- first-time employees
- workforce formalisation
- UMANG face authentication
- Viksit Bharat 2047
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