Imagine you're fresh out of college, eager to start your career. The wow factor of landing your 1st job is overwhelming, but so is the uncertainty. Then, you hear about a government scheme offering Rs.15,000 to first-time employees. It almost seems unbelievable right? But it's real – the Viksit Bharat Rozgar Yojana is here to support you.
Launched on August 1, 2025, by Prime Minister Narendra Modi, the Viksit Bharat Rozgar Yojana (VBRY) is a government initiative aimed at boosting employment across India. The scheme offers financial incentives to both first-time employees and employers to encourage job creation and formal employment.
The scheme operates in 2 parts:
If you're starting your first job and earning up to Rs.1 lakh per month, you can receive a one-time incentive of Rs.15,000. This amount is paid in two installment-portions: the first after six months of employment and the second after completing a financial literacy program within 12 months.
Employers who hire new employees can receive up to Rs.3,000 per month per new hire for two years. This incentive is aimed at encouraging businesses to enhance more job opportunities.
Let’s take an example. Rohan, a fresh graduate from Pune, was struggling to find a job after months of interviews. When he joined a mid-sized IT firm in August 2025, he not only secured his dream role but also became eligible for Rs.15,000 under this scheme
Half of it he received after six months, and the rest after completing a short financial literacy course that helped him manage his first salary wisely. On the other side, his employer, who hired five new employees under this scheme, received incentives that eased their recruitment costs and motivated them to keep expanding the workforce.
The scheme was announced by Prime Minister Narendra Modi during his Independence Day speech on August 15, 2025, and officially launched on August 1, 2025. It was approved by the Union Cabinet on July 1, 2025, with an allocation of Rs.99,446 crore to build over 3.5 crore jobs by July 31, 2027.
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For Employees:
• Receive up to Rs.15,000 for your first job.
• Gain access to social security benefits through EPFO registration.
• Enhance your financial literacy through a government-sponsored program.
For Employers:
• Financial incentives for hiring new employees.
• Support in creating a skilled and formal workforce.
• Contribution to national employment aims.
For Employees:
• Must be joining a workplace between August 1, 2025, and July 31, 2027.
• Should not have been a contributing member of EPFO or any exempted trust before August 1, 2025.
• Must have a monthly salary up to Rs.1 lakh.
• Should complete six months of employment for the first installment and a financial literacy program for the second installment.
For Employers:
• Must register on the official VBRY portal.
• Should hire new employees who meet the above criteria.
Employees:
• Register on the [VBRY portal](https:pmvbry.epfindia.gov.in) or through the UMANG app.
• Ensure your Aadhaar and bank account are linked for Direct Benefit Transfer.
• Complete the financial literacy program within 12 months.
Employers:
• Register on the [VBRY portal] | (https:pmvbry.epfindia.gov.in).
• Provide details of new hires and ensure their eligibility.
• Comply with all scheme guidelines to receive incentives.
This scheme is part of the government's broader vision to create a Viksit Bharat (Developed India) by promoting formal employment, enhancing social security, and fostering economic growth. It's not just about providing financial incentives; it's about building a sustainable and inclusive workforce.
"This scheme is more than just a job-scheme; it is a step toward transforming India’s job market. By encouraging formal employment and ensuring skill development, it strengthens the nation’s workforce.
For employers, it opens doors to affordable hiring and a more engaged team. For job seekers, it offers both financial support and a chance to grow professionally. This unique blend of incentives creates a win-win situation, paving the way for a stronger economy and a more inclusive future."
If you're an employer watching out to extend your team or a job seeker eager to start your career, the Viksit Bharat Rozgar Yojana offers a golden opportunity. Don't miss out on this chance to be part of India's growth story.
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