Cabinet approves PM Viksit Bharat Rozgar Yojana (PM-VBRY) – Employment Linked Incentive (ELI) Scheme

India Launches ₹99,000 Cr+ ELI Scheme!

The Union Cabinet has approved the Employment-Linked Incentive (ELI) Scheme, aimed at generating 3.5+ crore jobs and expanding formal workforce participation over the next 2 years.

Key Benefits for Employers:

• Incentives up to ₹3,000/month for each new employee (salary up to ₹1L) retained for 6+ months
• Benefit Validity: 2 years (Aug 2025 – July 2027)
• Manufacturing sector: Incentive extended up to 4 years!
• Funds disbursed via DBT using EPFO-linked bank accounts

Key Benefits for Employees:

• Targeting first-time employees with gross wages up to 1 Lakh registered with EPFO
• One-month EPF wage up to Rs 15,000 in 2 instalments.
  • 1st instalment payable after 6 months of service
  • 2nd instalment payable after 12 months of service post completion of financial literacy programme

Login Page: https://pmvbry.epfindia.gov.in/

Aimed at reducing informal employment and building a robust social security ecosystem, the ELI Scheme will drive both economic growth and people empowerment.

The detailed document can be found below:

PMVBRY