PM-VBRY aimed at encouraging employees, employers: Mahesh Tenginakai (opens original article in a new tab)

The PM-VBRY scheme was launched to promote formal job creation by offering incentives to new employees and employers, with regional events distributing benefits across India.

• PM-VBRY aims to encourage first-time employees and employers to boost formal job creation.
• The scheme offers ₹15,000 to new employees in two instalments and ₹3,000 monthly subsidy to employers for four years.
• Over 15 lakh beneficiaries received incentives under PM-VBRY nationwide.