New Government Scheme Gives Up to Rs 15,000 to First-Time Formal Employees

The Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) offers a maximum of Rs 15,000 to first-time employees entering the Employees' Provident Fund Organisation system. To qualify, workers must join an EPFO-registered establishment between August 1 2025 and July 31 2027, earn a gross salary of Rs 1 lakh or less per month, and have no prior EPF contributions before that date. The incentive is split into two parts: up to Rs 7,500 after six months of uninterrupted service, and the remainder after twelve months, contingent on completing a government-mandated financial-literacy course.

The benefit is paid via direct benefit transfer to an Indian resident’s Aadhaar-linked bank account. Applicants must verify their EPF history, ensure correct employer reporting, and keep their UAN and bank details up to date. A separate Part B of the scheme provides employers with up to Rs 3,000 per month per new hire, but this does not affect the employee’s cash incentive.