To realize the vision of Viksit Bharat@2047, the Government of India, in the Union Budget 2024–2025, announced the ‘Employment Linked Incentives Scheme’ under the Prime Minister’s Package for Employment and Skilling.
The scheme aims to boost job creation, improve employability, and promote workforce formalization. It is structured in two parts:
- Part A provides incentives to youth joining the workforce for the first time.
- Part B offers incentives to employers for creating and sustaining employment opportunities.
Why Are So Popular PMVBRY?
Welcome to our platform dedicated to spreading awareness and providing authentic information about the PM Viksit Bharat Rozgar Yojana – PMVBRY. This initiative by the Government of India has been launched with the vision of empowering the nation’s youth by creating sustainable employment opportunities and supporting employers in generating new jobs.
The PM Viksit Bharat Rozgar Yojana – PMVBRY is designed to boost both employability and economic growth. It offers incentives to first-time employees entering the workforce and benefits to employers who contribute to job creation. Our mission is to make the application process, eligibility details, and benefits of this scheme easily understandable and accessible to all.