Overview
- At Vigyan Bhavan on Friday, June 19, 2026, Prime Minister Narendra Modi distributed about Rs 2,400 crore via Direct Benefit Transfer as part of the Pradhan Mantri Viksit Bharat Rozgar Yojana, a rollout that officials say has supported roughly 15 lakh jobs so far.
- First‑time formal workers registered with the Employees’ Provident Fund Organisation can receive a one‑month wage incentive up to Rs 15,000 payable in two instalments, with the first released after six months of continuous service and the second after 12 months plus completion of a financial‑literacy course.
- Employers receive up to Rs 3,000 per month for each additional hire with manufacturing firms eligible for extended support for up to four years and firms in other sectors eligible for up to two years.
- The scheme carries a total outlay of Rs 99,446 crore and aims to create more than 3.5 crore jobs through July 31, 2027, including an official projection of about 1.92 crore first‑time formal entrants.
- PM‑VBRY is being implemented through EPFO registration and DBT payments with digital verifications and compliance rules, and officials say continued disbursements and employer claims are expected to drive formalisation, retention in paid work, and wider social‑security coverage.