RD-FD fails in front of this government scheme! Get ₹ 15,000 on the first job, but how? Clear all the confusion here in a jiffy

The Pradhan Mantri Vikasit Bharat Rozgar Yojana provides assistance of up to ₹ 15,000 to the youth on their first job and incentives up to ₹ 3,000 to the employers. With EPFO registration and eligibility conditions, this scheme is a big step to increase employment and opportunities.

PM Viksit Bharat Rozgar Yojana: Recently, on Independence Day 2025, PM Modi gave good news for the youth from the Red Fort. The Pradhan Mantri Vikasit Bharat Rozgar Yojana has been started, which aims to create employment and provide assistance of Rs 15,000 on the first job. However, the government will also give incentives to companies recruiting more, so that opportunities can increase rapidly. Yes, in this scheme, the youth doing a private job for the first time will get incentives up to ₹ 15,000 every month and employers will get incentives up to ₹ 3,000. For this, registration in EPFO, UAN activation and necessary eligibility conditions have to be fulfilled.

The objective of the Pradhan Mantri Vikasit Bharat Rojgar Yojana is to provide assistance of up to ₹ 15,000 to the youth on the first job and ₹ 3,000 incentive to the employers. This scheme focuses on employment generation, increasing the recruitment of private companies and providing opportunities to the youth.

What is PM Vikasit Bharat Rojgar Yojana?

This scheme has brought a golden opportunity for both the youth and employers of the country. Under this, the youth getting jobs for the first time will get direct benefit under the Employment-Linked Incentive Scheme, while private companies, MSME and service sector will also be given financial support. Let us tell you that this scheme implemented by EPFO will increase employment and qualified human resources will also be easily available to the industries. By the way, this initiative is considered to be a big step towards reducing unemployment and strengthening the private sector.

Benefits for those with a first job

So if you are working in a private company for the first time, then you will get a direct cash incentive of ₹ 15,000 from this government scheme.

First installment: Will be given after 6 months of continuous work.

Second installment: Will be given after completion of 12 months (some part will go into savings).

To get the second installment, it is necessary to complete the financial literacy module.

Along with this, this scheme also promotes skill development and self-reliance.

Benefits for Employers

Hiring incentive: Benefit of up to ₹3,000 per month on every new employee, for a maximum of 2 years.

Manufacturing companies can avail this benefit for up to 4 years.

Recruitment conditions:

-Companies with less than 50 employees will have to hire at least 2 new people.

-Companies with 50 or more employees will have to hire at least 5 new people.

What is required for this?

EPFO registration is necessary when you get your first job in the private sector or MSME. For this, the company will register your name and details on the portal. After this your UAN (Universal Account Number) will be generated and activated. Also, after activation, the face authentication process will have to be completed. Under this scheme, the first installment will come directly to your bank account after 6 months, while the second installment will be transferred on time. The special thing about this is that the companies which will provide more jobs will also get subsidy and incentive amount from the government. For MSMEs and startups, this scheme can prove to be a big opportunity to increase investment and employment.

Method to get 15,000

To get the benefit of 15,000, register on the government portal, fill in Aadhaar and bank account information, upload appointment letter / offer letter, confirm joining after employer verification; the amount will come to the account. Youth with first job will get priority and companies will get incentives.

Duration and time-line of the scheme

This scheme is going to be applicable to the youth who get jobs between August 1, 2025 and July 31, 2027. The aim of this scheme is not only to provide employment to the youth, but also to make them financially aware.

According to Mansukh Mandwaya, Minister of Labor and Employment, first timers will have to generate UAN, which will be done on UMANG App through Face Authentication Technology (FAT).

DETAILS OF SCHEME

This scheme has two parts:

Part A: Incentive for employees working for the first time

● Youth working for the first time will get an incentive of up to one month's equivalent salary (Basic + DA), up to a maximum of ₹ 15,000. This will be given in two installments.

● Employees whose gross salary is up to ₹ 1 lakh will be eligible.

Part B: Support to Employers

● Under this part, incentive will be given for providing new employment in all sectors, with special focus on the manufacturing sector.
● In this part, every additional employee (first timer or re-joinee) will get an incentive of up to ₹3000 per month. Employees will have to remain on the job for at least 6 months.

● Incentive will be available for 2 years. But in manufacturing sector establishments, it will be given for 4 years.

● Eligibility for this benefit:

➢ Employers who have less than 50 employees → they will have to hire at least 2 new employees.

➢ Employers who have 50 or more employees → they will have to hire at least 5 new employees.

➢ And these new employees should keep working continuously for at least 6 months, only then will they get the benefit.

● Exempted Establishments will also be included in this scheme. They will have to open UAN for all their existing and new employees, which facility is available on UMANG App.

(Note: This article is for information purposes only and should not be construed as investment advice in any way. It is advisable to consult financial advisors for investment.)

FAQs

1. What is PM Vikas Bharat Rojgar Yojana?

This is a new scheme of the government, under which youth will be given assistance of up to ₹ 15,000 on getting their first private job and employers will be given incentives up to ₹ 3,000 per month.

2. Who will get the benefit of this scheme?

Youth working in the private sector for the first time and employers giving them jobs will get the benefit of the scheme

3. How much amount will the youth get?

Youth will be given assistance of up to ₹ 15,000 every month on their first job.

4. How much incentive will employers get?

Companies or employers will get incentives of up to ₹ 3,000 per employee.

5. What are the conditions to avail the scheme?

For this, registration in EPFO, UAN activation and other eligibility conditions will have to be fulfilled.