New Delhi | Prime Minister Narendra Modi will disburse Rs 2,400 crore through Direct Benefit Transfer to more than 15 lakh beneficiaries under Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) on Friday, Union Minister Mansukh Mandaviya said.
Modi will disburse the funds during an event at Vigyan Bhawan here, the labour minister informed media persons.
Before this, the prime minister will interact with a few young first-time employees and employers benefiting under PM-VBRY, he added.
Regional programmes will be organised simultaneously at 200 industrial clusters across the country. During these programmes, employers and employees will be felicitated. Appointment letters will also be distributed to employees.
The new labour codes mandate employers to give appointment letters to the recruited workers.
Under PM-VBRY, the government has provided total outlay of Rs 99,446 crore and targeted 3.5 crore jobs creation in 2 years.
Under the scheme, up to Rs 15,000 is provided for first-time employees. Employers get up to Rs 3,000 per month per new employee under the scheme.
To boost employment in the manufacturing sector, extended benefits are being provided for up to four years under the scheme.
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 the scheme are small enterprises with fewer than 25 workers.
