PM Modi to disburse Rs 2,400 crore PM-VBRY incentives to over 15 lakh beneficiaries on June 19

Prime Minister Narendra Modi will disburse incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) at a national event on 19 June 2026., said Union Minister for Labour and Employment Mansukh Mandaviya on Thursday, June 18.

The event is being organised at Vigyan Bhawan, New Delhi, and during the programme, incentives worth Rs 2,400 crore will be disbursed through direct benefit transfer (DBT) to more than 15 lakh beneficiaries.

The proceedings of the main event at Vigyan Bhawan will be broadcast live to regional programmes being organised at 200 industrial clusters across the country. Before the proceedings of the main event at Vigyan Bhawan will be broadcast live to regional programmes being organised at 200 industrial clusters across the country.

Regional programmes will be organised simultaneously at these industrial clusters and will be attended by Governors, Chief Ministers, Union Ministers, Deputy Chief Ministers, State Labour Ministers, Members of Parliament, Members of Legislative Assemblies, Mayors, and other distinguished dignitaries. During these regional programmes, employers and employees will be felicitated. Appointment Letters will also be distributed to employees.

PM-VBRY

Total Outlay: Rs 99,446 crore
Targeted Job Creation: 3.5 crore jobs in 2 years

Benefits:
- Up to Rs 15,000 for first-time employees.
- Up to Rs 3,000 per month per new employee for employers.
- To boost employment in the manufacturing sector, extended benefits are being provided for up to four years.
- Since August 2025, more than 63 lakh first-time employees have been brought into the formal workforce under PM-VBRY, of which nearly 30 per cent are women.
- More than 80 per cent of establishments incentivised under Part B are small enterprises with fewer than 25 workers. This highlights PM-VBRY’s role in supporting small and emerging enterprises while promoting employment generation, which remains the backbone of India’s economy.

Eligibility

For employees: They must join an EPFO-registered company for the first time between August 1, 2025, and July 31, 2027.
For employers: They must create extra jobs in comparison with their existing employees. This means that if an employer has fewer than 50 employees, they need to create two more jobs, and if they have more than or equal to 50 employees, they must create at least five more jobs.