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PM Modi disburses Rs 2,400 crore incentives under PM-VBRY in New Delhi
NewsOnAir··20 Jun
NewsOnAir reported that Prime Minister Narendra Modi disbursed incentives worth Rs 2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana on June 19, marking a milestone in the employment-linked incentive scheme launched in August 2025.
Prism
What It Means For You
- First-time job seekers may receive up to Rs 15,000 incentives.
- Small employers with under 25 workers are major beneficiaries.
- Formal employment and social security coverage are expanding.
What's Happening
- Rs 2,400 crore was disbursed via direct benefit transfer.
- About 15 lakh beneficiaries received incentives on June 19.
- PM Modi interacted with employees and employers at the event.
Policy Context
- PM-VBRY is the Centre's flagship employment-linked scheme.
- It aims to create 3.5 crore jobs over two years.
- Over 80% of incentivised establishments are small enterprises.
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