PM Developed India Employment Scheme
On 15 August 2025, Prime Minister Narendra Modi announced the Prime Minister’s Development Bharat Employment Scheme (PMVBRY) from the Red Fort. The objective of this scheme is to create more than 3.5 crore new employment opportunities in the country. For this, the government has fixed a budget of Rs 1 lakh crore. The scheme is divided into two parts in which one part is for employees and the other part for employers (companies).
For the first time, jobbers will get big benefit
If you are going to work in a company for the first time and your salary is less than 1 lakh per month, then this scheme is very beneficial for you. Under Part A of PMVBRY, such employees will get an EPF salary incentive of up to Rs 15,000 from the government. This amount will be given in two installments, the first installment on the completion of 6 months of job and the second installment after 12 months of service and a financial literature course. This course has been designed to give jobs and investments to jobbers.
Salary directly into bank account
Under this scheme, all payments will be made through Aadhaar based payment system (ABPS) through Direct Bank Transfer (DBT). This money will be deposited directly in the bank accounts linked to the PAN of the employees. For this, employees will have to go to the UMANG app and make their UAN (Universal Account Number) with the help of face authentication technology (FAT).
Companies will also benefit on every employee
PMVBRY’s Part B is especially for companies and factories that hire new employees. The government will provide help to these companies up to Rs 3000 per month on every additional appointed employee. This incentive will be available for two years. If the company is connected to the manufacturing sector, then this profit will be extended till the third and fourth year.
Which companies will benefit?
This scheme is for all companies that are registered in EPFO but there are some conditions for this. If a company already has less than 50 employees, it will have to appoint at least 2 new employees. At the same time, companies which already have 50 or more employees will have to hire at least 5 new people.