PM Viksit Bharat Rozgar Yojana 2025 (PM-VBRY): The Path to Employment Leading to a Developed India
The Government of India is continuously implementing various schemes for employment and economic development. One such important scheme is PM Viksit Bharat Rozgar Yojana 2025 (PM-VBRY), which is designed to increase employment opportunities and provide new jobs to the youth. This scheme is a new initiative of the Central Government, which leads to the realization of the vision of a developed India.
What is PM Viksit Bharat Rozgar Yojana 2025(PM-VBRY)?
PM-VBRY i.e. Pradhan Mantri Viksit Bharat Rozgar Yojana is a scheme whose objective is to provide incentives to small, medium and large industries and businesses for new recruitment. The government will pay a fixed portion of the salary (EPFO contribution) for the employees decided for the new recruitment so that it becomes easier for the employer to add new manpower.
The Main Purpose Behind the PM-VBRY Scheme:
- To create more employment opportunities for the youth.
- To encourage MSMEs and industries to recruit new employees.
- To provide government assistance to employers affiliated with EPFO.
- To increase employment in the organized sector.
- To contribute to the goal of "Developed India" by 2025.
What Does the Government Provide Under the PM-VBRY Scheme?
- The government will pay a fixed portion of the EPF (Employees’ Provident Fund) contribution for new employees.
- EPF assistance will be provided by the government for 2 years.
- An important step towards making the labor market healthy and strong.
Eligibility Criteria:
For Manufacturer / Employer:
- Must be registered with EPFO.
- Should have recruited a new employee within the stipulated period.
- Must be an organization with PF registration.
For Employee:
- Age should be between 18 and 29 years.
- Should not have been employed in any EPFO registered company before.
- Maximum monthly salary should not exceed ₹15,000.
Key Benefits of PM-VBRY:
| Benefits | Details |
|---|---|
| For Employers | Government pays EPFO contribution, making new hiring easier. |
| For Youth | New job opportunities and EPFO-based security. |
| For Economy | Better labor utilization and increased productivity. |
| For Small Industries | Low-cost hiring made possible. |
| For the Country | More employment and strong steps toward a Developed India. |
How Many Employers Can Benefit Under PM-VBRY?
The government has set a target of benefiting lakhs of youth in the initial phase. This scheme is open to employers from multiple sectors – such as manufacturing, services, MSMEs, startups, and more.
How to Apply for the Scheme?
- Login as an employer on the EPFO portal.
- Select a scheme under PM-VBRY.
- Register a new young employee who is eligible.
- Deposit EPF contribution regularly.
- The government automatically deposits the assistance in the EPF account.
Important Points About PM Viksit Bharat Rozgar Yojana:
- Start: From the financial year 2024–25.
- Duration: Government support for 2 years.
- EPFO Contribution: Government pays both employer and employee shares.
- Target: Lakhs of youth to get employment.
PM-VBRY – A Ray of Hope for the Youth of India
This scheme is not only beneficial for employers but also for job seekers. It provides the younger generation with a gateway to join the organized sector with opportunities for skill development and secure employment.
Frequently Asked Questions (F&Q):
- Q1: Where to apply for PM-VBRY scheme?
A: The employer applies on the EPFO portal using employee data. - Q2: For how long will the assistance be available under this scheme?
A: For 2 years, the government pays EPF contribution for newly hired employees. - Q3: Can an employee previously registered with EPF be included in the scheme?
A: No, only new employees not previously registered with EPF are eligible. - Q4: What is the maximum salary limit for an employee?
A: ₹15,000 per month. - Q5: What are the employer qualifications?
A: Must be EPFO registered and must hire new employees.
Conclusion:
PM Viksit Bharat Rozgar Yojana 2025 (PM-VBRY) is a forward-looking scheme that gives fresh energy to the employment landscape of India. With support from the government for employers and promising opportunities for youth, this initiative plays a crucial role in building a “Developed India”.
For more information, visit: https://www.epfindia.gov.in or contact your nearest EPFO branch.
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