PM-VBRY Gets ₹2,400 Crore Direct Benefit Transfer

Prime Minister Narendra Modi transferred ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) on 19 June 2026 in New Delhi. The amount was credited through Direct Benefit Transfer to more than 15 lakh beneficiaries, including first-time employees and employers.

Pradhan Mantri Viksit Bharat Rozgar Yojana

PM-VBRY is an employment generation scheme with a target of 3.5 crore jobs over two years. The scheme has a total outlay of ₹99,446 crore and was launched in August 2025.

Incentive Structure

Under PM-VBRY, first-time employees can receive an incentive of up to ₹15,000. Employers that create additional employment can receive up to ₹3,000 per month for each new employee.

Coverage and Beneficiaries

Since August 2025, more than 70 lakh jobs have been created under the scheme across India. More than 63 lakh first-time employees have joined the formal workforce under PM-VBRY, and nearly 30% of them are women.

Support for Small Enterprises

More than 80% of the incentivised establishments under PM-VBRY have fewer than 25 workers. Around 20 lakh young people have completed six months in their first jobs, and about 10 lakh have received incentives after reaching this milestone.

Important Facts for Exams

• Direct Benefit Transfer is a system for transferring subsidies and benefits directly into bank accounts.
• PM-VBRY is linked to formal employment and social security coverage for beneficiaries.
• The scheme’s total outlay is ₹99,446 crore for a two-year period.
• First-time employees and employers are both eligible for incentives under the scheme.