Independence Day PM Modi Speech 2025: On the 79th Independence Day, Prime Minister Narendra Modi launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), a mega youth job scheme worth Rs 1 lakh crore, PM Modi announced that the programme will benefit over 3 crore young Indians.
As part of the scheme, first-time private sector employees will receive Rs 15,000 in support, while students will be encouraged to take up internships alongside their education. The initiative, he said, is aimed at empowering India’s ambitious and aspirational youth, while strengthening the nation’s workforce.
What is Pradhan Mantri Viksit Bharat Rozgar Yojana?
Praising India’s progress over the last decade, he said, “Over the past decade, India has been reforming, performing, and transforming. But now, we need to move forward with even greater strength. In recent years, we have implemented several reforms, including FDI, the insurance sector, and allowing world-class universities to operate in India…”
Supporting job creation and employment opportunities, the Pradhan Mantri Viksit Bharat Rozgar Yojana is valid for two years with a total outlay of Rs 99,446 crore. Focusing on first-time employees and the manufacturing sector, this incentive scheme is applicable for salaried employees earning up to Rs 1 lakh a month.
Pradhan Mantri Viksit Bharat Rozgar Yojana for employees and employers
Empowering the young workforce in India, those who register under the EPFO are eligible for direct financial incentives under this Rozgar Yojana. For employers, the scheme would help promote job creation and allow firms for monthly incentives for hiring new workers.
It includes EPFO-registered and compliant establishments, including units exempt under the EPF Act, and creates new jobs in the existing workforce. For employers, a Rs 3000 incentive would be given per employee per month basis their salary.
How Pradhan Mantri Viksit Bharat Rozgar Yojana benefits? Steps here
- Get EPFO Code via Shram Suvidha Portal
- Register on EPFO Employer Login Portal
- Hire new employees with salary up to ₹1 lakh/month
- File monthly ECR returns with PF contributions
- Maintain additional staff for at least 6 months
Praising the heights, the youth has reached, PM Modi mentioned the feat of sports Indians touched this year. Referring to triumphs in chess from Divya Deshmukh, D Gukesh, and R. Pragganandha, he also praised Shubhanshu Shukla’s successful visit to the International Space Station in a joint mission with NASA, SpaceX, and other global agencies.