PM Viksit Bharat Rozgar Yojana Completes One Year; 72 Lakh First-Time Workers Formalised

6 August 2026National

The Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) completed one year on 1 August 2026, with more than 72 lakh first-time employees joining the formal workforce since its launch in August 2025. It is implemented by the Ministry of Labour & Employment through the Employees' Provident Fund Organisation (EPFO) from 1 August 2025 to 31 July 2027, with a total outlay of Rs 99,446 crore. The scheme has two parts — incentives for first-time employees and incentives for employers who create additional jobs.

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PM-VBRY launched: Aug 2025 | Implementing body: EPFO | Labour & Employment Minister: Mansukh Mandaviya | EPFO HQ: New Delhi

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PM-VBRY completed one year (Aug 2026) with 72 lakh first-time workers formalised; outlay Rs 99,446 crore, implemented via EPFO.

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