Overview
- First-time workers can generate UANs via UMANG face authentication as employers register on the live EPFO portal from August 18.
- The scheme targets creation of over 3.5 crore formal jobs between August 1, 2025, and July 31, 2027, with a ₹1 lakh crore outlay.
- Part A provides first-time private-sector hires up to ₹15,000 in two instalments, subject to six- and 12-month retention and a financial literacy programme.
- Part B rewards employers with up to ₹3,000 per month for each additional hire retained at least six months, extending payouts to four years for manufacturing firms.
- Operational success depends on EPFO digital upgrades, Electronic Challan-cum-Return compliance, robust audits, and timely DBT disbursal and grievance resolution.