PM to disburse ₹2,400 crore in incentives for new employees, employers under PM-VBRY

Prime Minister Narendra Modi will disburse ₹2,400 crore worth of incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) in New Delhi on Friday, June 19, 2026.

Union Labour Minister Mansukh Mandaviya informed reporters in New Delhi on Thursday that 15 lakh beneficiaries will receive the incentive through Direct Benefit Transfer (DBT). The Prime Minister will also interact with some first-time employees and employers benefiting from the scheme.

PM-VBRY has a total outlay of ₹99,446 crore and aims to create 3.5 crore jobs over two years. First-time employees will receive benefits worth ₹15,000, while employers will receive up to ₹3,000 per month per new employee. The scheme focuses on boosting employment in the manufacturing sector, with extended benefits provided for up to four years.

Since August 2025, more than 63 lakh first-time employees have been brought into the formal workforce under PM-VBRY, of which nearly 30% are women. Over 80% of establishments incentivised under Part B are small enterprises with fewer than 25 workers, highlighting the scheme's role in supporting small and emerging enterprises.

Various Chief Ministers and Cabinet Ministers will attend the programme virtually from 200 industrial clusters in their respective states. Regional programmes will be organised simultaneously, attended by Governors, Chief Ministers, Union Ministers, Deputy Chief Ministers, State Labour Ministers, Members of Parliament, Members of Legislative Assemblies, Mayors, and other dignitaries.