New Delhi, July 26 -- Employment-linked incentive scheme, PM Viksit Bharat Rozgar Yojana, will come into effect from August 1, 2025, the Labour Ministry said on Friday.
Earlier, the Union Cabinet chaired by Prime Minister Narendra Modi had approved the scheme, which is aimed at incentivising job creation in the country.
With an outlay of Rs 99,446 crore, the PM Viksit Bharat Rozgar Yojana (PMVBRY) aims to incentivise the creation of more than 3.5 crore jobs over two years.
Of these, 1.92 crore beneficiaries will be first timers, entering the workforce. The benefits of the scheme would be applicable to jobs created between August 1, 2025, and July 31, 2027.
According to a ministry statement, the employment-linked incentive scheme will co...