New Delhi, Aug. 15 -- Prime Minister Narendra Modi, addressing the nation from the iconic Red Fort on the 79th Independence Day, unveiled a landmark employment initiative - the Pradhan Mantri Viksit Bharat Rozgar Yojana. Aimed at boosting job creation and supporting first-time job seekers, the scheme promises a one-time incentive of ?15,000 from the Central government to individuals securing their first job in the private sector.

The ambitious ?1 lakh crore programme is designed to stimulate both hiring and economic growth by encouraging companies to recruit fresh talent while directly easing the transition for young people entering the workforce. Effective immediately, the scheme is expected to benefit over 3.5 crore citizens, marking i...