PMVBRY
Pradhan Mantri Viksit Bharat Rozgar Yojana
Incentives for first-time employees and employers hiring more people.
Up to ₹15,000 for eligible first-time employees
01 Aug 2025 – 31 Jul 2027 · Ministry of Labour & Employment · via Employees’ Provident Fund Organisation (EPFO)
Overview
PMVBRY is an Employment Linked Incentive scheme announced under the Prime Minister’s Package for Employment and Skilling (Budget 2024–25), aligned with Viksit Bharat@2047.
It supports first-time employees as they enter the formal workforce and incentivises establishments that create sustained additional employment, with extended benefits for manufacturing.
Part A — First-time employees
One-time incentive of up to ₹15,000 (equivalent to about one completed month of EPF wage, capped). Paid in two instalments.
- 1st instalment: up to ₹7,500 after 6 continuous months of ECR + contributions (half of average EPF wage for those months).
- 2nd instalment: remaining amount so total does not exceed ₹15,000, after 12 months’ ECR + contributions and completion of the Financial Literacy programme.
- The 2nd instalment is held in an appropriate savings/deposit instrument for a period specified by the Ministry.
- Who is a First Timer: not a prior EPFO / Exempted Trust contributing member; joined during 01.08.2025–31.07.2027; gross wages up to ₹1 lakh/month at joining; UAN authenticated via Face Authentication (FAT) on UMANG App.
- Must continue with the same establishment for the full Part A period. Leaving and joining elsewhere ends First Timer status for the 2nd instalment.
Part B — Support to employers
Monthly incentives for net additional employment above the establishment baseline, after meeting the threshold. Manufacturing establishments get a longer incentive period.
| EPF wage of additional employee | Incentive to employer (per month) |
|---|---|
| ≤ ₹10,000 | Up to ₹1,000 (or 10% of EPF wage if below ₹10,000) |
| > ₹10,000 to ≤ ₹20,000 | ₹2,000 |
| > ₹20,000 (gross wage up to ₹1 lakh) | ₹3,000 |
- Duration: 24 months for most sectors; 48 months for manufacturing.
- Threshold: at least 2 additional employees if baseline < 50; at least 5 if baseline ≥ 50 — sustained for at least 6 months.
- Eligible employees: first timers or re-joinees who joined in the registration period, with gross wages up to ₹1 lakh and contributions for at least 6 completed months.
- Existing EPFO establishments are generally deemed registered from 01.08.2025 but must provide PAN, GSTN, and PAN-linked bank account details.
How payments work
- Employee incentives: Direct Benefit Transfer to Aadhaar-seeded bank accounts.
- Employer incentives: DBT to the establishment’s PAN-linked bank account.
- Typically disbursed within 45 days after eligibility and paid ECR conditions are met.
- If Aadhaar seeding is pending, payment may be suspended while amounts continue to accrue.
Key conditions
- Incentives stop if the first-timer leaves the job, on death, on establishment closure, or in case of fraud/misrepresentation.
- Part B incentives may be denied if EPFO inquiries, FIRs, or fraud findings are pending or decided against the establishment.
- Incentives are subject to Income Tax unless a specific exemption is notified.
- The scheme is fund-limited; benefits may stop when the allocation ends or the scheme period closes.
- Always verify the latest guidelines and terms on the official EPFO / PMVBRY portal before applying.