New Delhi, June 17: Prime Minister Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on June 19, as the Centre steps up efforts to boost formal job creation and employment-linked growth.
The disbursal, to be held at Vigyan Bhawan in New Delhi, marks a key milestone for the flagship scheme, which has supported the creation of 15 lakh jobs since its launch in August 2025.
Under PM-VBRY, first-time employees are eligible for incentives of up to ₹15,000, while employers creating additional jobs can receive up to ₹3,000 per month for each new employee.
With an outlay of ₹99,446 crore, the scheme aims to facilitate more than 3.5 crore jobs over two years, including nearly 1.92 crore first-time entrants to the workforce.
The government said the scheme is designed to encourage formal employment, expand social security coverage and support employment-led economic growth.
