Details
The scheme “Pradhan Mantri Viksit Bharat Rozgar Yojana” is implemented by Ministry of Labour and Employment through the Employees’ Provident Fund Organisation (EPFO), aims to achieve the vision of Viksit Bharat@2047. The scheme consists of two parts (Part A & Part B), providing assistance to employees and support to the establishments for making the first timer employee more productive and incentivizes those establishments that generate additional employment. Further, the scheme will complement the ‘National Manufacturing Mission’ in promoting entry of new industries as well as scaling up of the existing industries particularly in labour-intensive manufacturing sectors.

Objectives:
The scheme has been designed to stimulate employment creation by providing incentives to employees and employers. Its core objective is to promote the generation of sustained additional employment, increase formalization of the workforce and enhance employability.
The scheme will provide support to employees and establishments.
Part A of the initiative supports first time employees in their learning curve, by offsetting costs of upskilling, thereby leading to increased productivity and employability. Additionally, the scheme emphasizes financial literacy for first timers, equipping them with essential skills for managing their finances.
The scheme strives to foster a more dynamic, formal and inclusive labour market in India particularly for the Youth.

Part A- First Timer Employees:
This component provides an incentive to assist first-timer employees in navigating their learning curve before they become fully productive with completing their financial literacy course over EPO portal. Under this component, one time incentive of upto ₹15,000/- is provided to assist first timer employees.

First Timer: An employee who was not a contributing member of the EPFO or Exempted Trust prior to commencement of the scheme and his date of joining in an establishment is during the scheme registration period and contribution is received in EPFO or Exempted Trust for the first time, will be termed as First Timer or First time employee. Incentives to a First Timer under Part A will be admissible only if his UAN is authenticated by Face Authentication Technology on the UMANG App.

Effective Date of Scheme: 01.08.2025 is the Effective date from when the scheme will be applicable.

Benefits
Support for First-Time Employees:
1. First-time employees joining an establishment covered under EPFO with a gross wage upto ₹1,00,000/- per month.
2. Benefit equivalent to one month wages limited to a maximum of ₹15,000/- paid in two installments.
3. First installment is paid to the Aadhaar seeded bank account of the employee directly on completion of 6 months of service.
4. After 12 months of service, the second installment is transferred to a savings scheme to be paid to the member at a later date.

The incentive shall be disbursed within 45 days after fulfilling the eligibility condition and filing of paid ECR as per the periodicity defined under the scheme, through through (Aadhaar Bridge Payment System) Direct Benefit Transfer to their Aadhaar seeded bank accounts.

Eligibility
Eligibility of Employee under Part A:
1. First-time EPFO-registered employee
• with date of joining in an establishment between 01.08.2025 and 31.07.2027 (both dates inclusive) and;
• who was not a contributing member of Employees Provident Fund either with EPFO or Exempted Trust prior to 01.08.2025 and
• their Contribution is received in EPFO or exempted trust for the first time for the wage month August 2025 or thereafter.

2. The monthly salary of the employee should be up to ₹1,00,000/-, inclusive of all emoluments received under the terms of the employment contract.

3. The employee must complete a minimum of 6 months of continuous employment in the same establishment to be eligible for the first installment of the incentive.

4. The employee needs to complete a financial literacy course as prescribed by EPFO.

Cessation of incentives: In the event of a First Timer leaving the employment on his own volition or otherwise.
In case of any eventuality like death, etc. of the beneficiary.
In the event of closure/winding up etc. of the establishment.
In the event of any misrepresentation or fraud.

Application Process
https://www.myscheme.gov.in/schemes/pmvbry-pa
Offline

Step-by-step procedure to receive incentive:
Step 1: Get your Universal Account Number through your employer or directly through UMANG App.
Step 2: Work for at least 6 months in your job.
Step 3: Receive your incentive directly in your Aadhar seeded bank account.
Step 4: Complete the Free Financial Literacy Program before 12 months to receive 2nd installment of the incentive.

There is no registration process for the employees. They will be provided incentive on the basis of ECR filed by their establishment with EPFO.
The employee is required to generate UAN using FAT facility as provided on UMANG App and provide the UAN so generated to the employer for filing of ECRs and payment of contributions.

Registration Period: The registration period of the scheme will be from 01.08.2025 to 31.07.2027. All the employees joining an establishment during this period will be considered towards deciding Threshold, additionality and calculation of incentives.

Note: The new employment generated after the registration period is over will only be counted for ascertaining the eligibility of the employer as per the threshold criteria, but no incentive will be provided in respect thereof.

Documents Required
1. Aadhaar Card
2. PAN Card
3. Aadhaar seeded bank account details
4. Any other documents as required