PM Modi To Disburse ₹2,400 Crore Under Employment Scheme On June 19

Prime Minister Narendra Modi will disburse incentives totalling around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme in New Delhi on June 19. According to the Prime Minister's Office, the scheme has already supported the creation of approximately 15 lakh employment opportunities across the country since its launch.

The scheme provides first-time employees with incentives up to ₹15,000 and allows employers to receive up to ₹3,000 per month per additional employee. Manufacturing sector employers are eligible for incentives for four years, while other sectors receive support for two years. With a total outlay of ₹99,446 crore, the scheme targets the creation of over 3.5 crore jobs over two years, with around 1.92 crore expected to be first-time workforce entrants.