The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal under the Pradhan Mantri Viksit Bharat Rozgar Yojana has gone live. The scheme will provide incentive of up to 15 thousand rupees in two instalments to newly employed youth and upto three thousand rupees per month per new employee to employers for creation of new job opportunities. Prime Minister Narendra Modi had announced this scheme during his Independence Day address from the Red Fort this year.
The scheme under the Employment Linked Incentive Scheme aims to incentivize creation of more than 3.5 Crore jobs in the country over a period of two years. It aims to support employment generation, enhance employability and social security, across all sectors, with special focus on the manufacturing sector from the first of August this year. Employers can visit www.pmvbry.epfindia.gov.in or www.pmvbry.labour.gov.in and complete one-time registration process.
