‘PM Viksit Bharat Udyog Yojana aims to increase job opportunities’ (opens original article in a new tab)

India's PM Viksit Bharat Udyog Yojana, launched in 2025, aims to create 3.5 crore private sector jobs by 2027 with incentives for first-time workers and employers.

• PM Viksit Bharat Udyog Yojana aims to create 3.5 crore jobs in the private sector between August 2025 and July 2027 with a ₹1 lakh crore outlay.
• First-time private sector employees receive ₹15,000 in two installments, while employers get up to ₹3,000 monthly incentives per new employee.
• The scheme targets EPFO-registered individuals with a monthly salary up to ₹1 lakh, requiring registration after August 2025.