Viksit Bharat Rojgar Yojana: Unemployment continues to be one of the biggest challenges for India. According to government data, around 3.1 crore people are unemployed in the country, and the actual number could be even higher. Among them, nearly 1.4 crore are educated youth who hold degrees but still do not have jobs.
On the 79th Independence Day, Prime Minister Narendra Modi announced the Viksit Bharat Rojgar Yojana (PM-VBR), which aims to create 3.5 crore jobs within the next two years. Approved by the cabinet in July 2025, this ambitious scheme carries a budget of almost ₹1 lakh crore and is being seen as a major step towards tackling unemployment.
How Will the Scheme Work?
The Viksit Bharat Rojgar Yojana offers benefits to both job seekers and employers. For the youth, if your monthly salary is up to ₹1 lakh and you are registered under EPFO for the first time, you will receive financial support. Under Part A, newly employed workers will get up to ₹15,000 in two installments – the first after completing six months of service and the second after 12 months.
For employers, the government will provide an incentive of ₹3,000 per employee every month for two years. In the manufacturing sector, this support will continue for the third and fourth year as well, as India’s goal is to become a global manufacturing hub.
Why Is It Important?
Government jobs are very limited, with only 1.8 crore people employed in the public sector compared to 39.6 crore in the private sector. Reports suggest that by 2030, India needs to create nearly 1.2 crore new jobs every year. The PM-VBR scheme is designed to push job creation in private industries while also addressing the skill gap.
Challenges Ahead
Experts highlight that unemployment is not just about the lack of jobs, but also about the lack of skills. Many industries face a shortage of skilled workers, even while millions of educated youth remain jobless. Sectors like manufacturing, green energy, healthcare, tourism, agri-processing, and digital services have the potential to generate large-scale employment if supported with the right policies.
Conclusion
The Viksit Bharat Rojgar Yojana is a bold initiative aimed at reducing unemployment and boosting private sector hiring. While it may not solve the problem overnight, it has the potential to make a significant impact if coupled with strong skill development programs and sector-based investments. India’s young population is its biggest strength, and with the right opportunities, this scheme could be a turning point in building a stronger employment-driven economy.
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