News that fits you

Highlights

  • PMVBRY portal launched to create over 3.5 crore jobs
  • First-time employees receive incentives up to ₹15,000 in instalments
  • Employers get monthly incentives for hiring under employment-linked scheme

Latest news

Future Netwings Solution Enhances Service Delivery with the Business Continuity Policy

Future Netwings Solution Enhances Service Delivery with the Business Continuity Policy

India-UK trade deal likely by May 1; Europe deal expected by year-end

India-UK trade deal likely by May 1; Europe deal expected by year-end

VerSe Innovation Appoints Prasanna Prasad as Chief Product and Technology Officer to Accelerate AI-Led Product and Platform Innovation

VerSe Innovation Appoints Prasanna Prasad as Chief Product and Technology Officer to Accelerate AI-Led Product and Platform Innovation

Changing Aspirations of Premium Homebuyers in NCR

Changing Aspirations of Premium Homebuyers in NCR

Airfloa Rail Technology's FY26 Business Update and Strategic Direction

Airfloa Rail Technology's FY26 Business Update and Strategic Direction

Sanjay Khanna Appointed as Chairman & Managing Director of BPCL

Sanjay Khanna Appointed as Chairman & Managing Director of BPCL

Galgotias University Placement Report: 4700+ Offers Across Top Recruiters in 2026

Galgotias University Placement Report: 4700+ Offers Across Top Recruiters in 2026

"Be the same loving brother you are to me...": Sanjay Dutt pens heartfelt birthday note for Anant Ambani

"Be the same loving brother you are to me...": Sanjay Dutt pens heartfelt birthday note for Anant Ambani

Govt launches PM Viksit Bharat Rojgar Yojna portal for employers, first-time employees

The Pradhan Mantri Viksit Bharat Rozgar Yojana portal launched to incentivize employers and first-time employees under the Rs 1-lakh crore scheme.

Updated: Sep 02, 2022 10:53
|

PTI

Govt launches PM Viksit Bharat Rojgar Yojna portal for employers, first-time employees

The government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal on Monday, Union Minister Mansukh L Mandaviya said, urging employers and first-time employees to take benefit of the Rs 1-lakh crore central scheme.

The Union Cabinet approved the Employment Linked Incentive Scheme on July 1, 2025.

With an outlay of nearly Rs 1 lakh crore, the central sector scheme aims to incentivise the creation of more than 3.5 crore jobs in the country, over a period of 2 years starting August 1, 2025, to July 31, 2027, the Union Minister of Labour and Employment said in an interaction with the media.

All employers and first-time employees are covered under the scheme, he said, adding that one can avail the incentive benefit by either registering on the portal or by uploading their UAN number on the UMANG App.

While Part A of the scheme is for first-time employees, Part B supports employers, Mandaviya said.

Under Part A, a one-time incentive equivalent to an average one-month wage (Basic+DA) of up to Rs 15,000 will be offered to first-time employees in two instalments, he explained.

The employer is entitled to get incentives under three slabs. If the salary of an employee is Rs 10,000 per month, then the employer will get an incentive of Rs 1,000. The employer of an employee with a monthly salary ranging between Rs 10,000-20,000 will get an incentive of Rs 2,000. Employers whose new employee has a salary up to Rs 30,000 will get a one-time incentive of Rs 3,000.

"The scheme will promote new job creation in the country and support new employees with the encouragement amount," the Minister said.

In a note, the ministry said employees with gross wages up to Rs 1 lakh will be eligible for the scheme under Part A.

Part B will provide an incentive for generation of additional employment in all sectors, with a special focus on the manufacturing sector.

"Under this part, the establishment will get an incentive up to Rs 3,000 per month for each additional employee (both first timer and re-joinee), for a sustained period of at least six months. The incentive shall be paid for 2 years. However, for establishments in the manufacturing sector, the incentives will be provided for 4 years," it said.

To be eligible under this part, establishments will be required to hire at least two additional employees (for employers with fewer than 50 existing employees) or five additional employees (for employers with 50 or more existing employees), on a sustained basis for at least six months.

As per the ministry, exempted establishments under the EPF & MP Act, 1952, are also included. They must file the electronic challan-cum-Return (ECR), and open UANs for all their existing & new employees using the facility provided on the UMANG App.

ADVERTISEMENT

Up Next

Govt launches PM Viksit Bharat Rojgar Yojna portal for employers, first-time employees

Govt launches PM Viksit Bharat Rojgar Yojna portal for employers, first-time employees

AAP accuses BJP of detaining workers in Gujarat ahead of local polls

AAP accuses BJP of detaining workers in Gujarat ahead of local polls

Assam records 85.21 pc polling, CM says high voter turnout 'not ordinary but historic'

Assam records 85.21 pc polling, CM says high voter turnout 'not ordinary but historic'

Will abolish TMC’s mafia Raj weighing heavily on people: PM Modi in Asansol industrial hub

Will abolish TMC’s mafia Raj weighing heavily on people: PM Modi in Asansol industrial hub

Kharge expresses regret over 'illiterate' remark, says he has highest of respect for Gujaratis

Kharge expresses regret over 'illiterate' remark, says he has highest of respect for Gujaratis

Assam BJP files complaints against Kharge with police, EC over 'hate' speech

Assam BJP files complaints against Kharge with police, EC over 'hate' speech

ADVERTISEMENT

editorji-whatsApp

More videos

AAP fields Manoj Sorathiya as candidate for Surat civic polls, cites positive public response

AAP fields Manoj Sorathiya as candidate for Surat civic polls, cites positive public response

Isudan Gadhvi alleges intimidation and legal pressure on AAP candidates ahead of Gujarat local polls

Isudan Gadhvi alleges intimidation and legal pressure on AAP candidates ahead of Gujarat local polls

Attack on judicial officers 'black spot' in country's history, 'TMC goons' acted at CM's behest: BJP

Attack on judicial officers 'black spot' in country's history, 'TMC goons' acted at CM's behest: BJP

AAP alleges irregularities in Gujarat exam system, raises concerns over paper leak case

AAP alleges irregularities in Gujarat exam system, raises concerns over paper leak case

AAP alleges police harassment of workers ahead of Gujarat local elections

AAP alleges police harassment of workers ahead of Gujarat local elections

AAP's Isudan Gadhvi alleges false FIRs after arrest during protest in Gujarat

AAP's Isudan Gadhvi alleges false FIRs after arrest during protest in Gujarat

AAP alleges detention of Gujarat chief Isudan Gadhvi in Khambhalia, raises questions over police action

AAP alleges detention of Gujarat chief Isudan Gadhvi in Khambhalia, raises questions over police action

AAP alleges targeted FIR campaign against workers in Gujarat

AAP alleges targeted FIR campaign against workers in Gujarat

LeT handler Shabir Ahmed Lone held in Delhi's Ghazipur; sent to 5-day police custody

LeT handler Shabir Ahmed Lone held in Delhi's Ghazipur; sent to 5-day police custody

140 crore Indians know PM Modi surrendered India's future: Rahul Gandhi

140 crore Indians know PM Modi surrendered India's future: Rahul Gandhi

Categories

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.