In another announcement on the special occasion of India’s 79th Independence Day, PM Modi announced the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY). Under this scheme first time, private sector employees will get ₹15000 from the government with added incentives for the companies providing the opportunity.
India Invests ₹1 Lakh Crore For Youth Employment
In his Independence Day speech, PM Modi said that ₹1 lakh crore has been invested in the Pradhan Mantri Viksit Bharat Rojgar Yojana. This scheme is aimed towards encouraging India’s youth to pursue private sector jobs.
Under this scheme, any first-time private sector employee will get ₹15000. The PM also said that incentives will be provided to the companies that empower the youth with fresher opportunities.
The scheme is estimated to create around 3.5 job opportunities for the youth. The companies providing these opportunities can expect up to ₹3000 per employee per month, based on their salaries. The scheme will be available till 31st July 2027, with employer incentives for the manufacturing sector lasting for four years.
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#WATCH | PM Narendra Modi launches Pradhan Mantri Viksit Bharat Rojgar Yojana, a Rs 1 lakh crore scheme for youth. Under it, first-time private sector employees will get Rs 15,000, companies creating more jobs receive incentives, and nearly 3.5 crore new employment opportunities… pic.twitter.com/6wptcp8mol
— Organiser Weekly (@eOrganiser) August 15, 2025
Eligibility Criteria for Pradhan Mantri Viksit Bharat Rojgar Yojana
To avail the benefits of the PM-VBRY, employees must meet the following eligibility criteria:
- Employee must join an EPFO-registered establishment between 01.08.2025 to 31.07.2027 (both dates inclusive).
- Must not be a member of EPFO or Exempted Trust before 01.08.2025.
- EPF contributions should be received from August 2025 or later.
- Monthly gross wage must be ₹1,00,000 or below.
- Employee must remain continuously employed in the same establishment for at least 6 months.
PM Modi Announces Landmark Policies in Independence Day Speech
Addressing the nation in his annual speech, PM Modi has touched on several topics that are of concern to the nation as a whole. In his speech, he unveiled India’s plans to launch a National Deep Water Exploration Mission that has the potential to reduce India’s reliance on energy imports.
In addition, he promised GST reforms and reliefs this Diwali. He also mentioned various key figures in Indian history who helped push India towards success. He gave a moment to address Operation Sindhoor and what it meant for the nation.
“Entire India was outraged, and the entire world was shocked by such a massacre (Pahalgam)…Operation Sindoor is the expression of that outrage….Destruction in Pakistan is so massive that new revelations are being made every day and new information is coming out daily,” PM Modi said in his speech.
Also Read: Big GST Reforms and Relief This Diwali, Promises the PM
