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From Red Fort, PM Modi Unveils ‘Viksit Bharat Rojgar Yojana’; ₹15,000 Support for Youth

On Independence Day, PM Narendra Modi launched the "Pradhan Mantri Vikasit Bharat Rojgar Yojana" offering ₹15,000 incentives to first-time private sector employees, aiming for 3.5 crore jobs in 35 years.

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Edited By: Lalit Sharma
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Prime Minister Narendra Mod

National news: On Independence Day, PM Modi unfurled the national flag at the Red Fort and addressed the nation. During his speech, he made several announcements, including a GST review and the launch of the PM Viksit Bharat Rojgar Yojana, which will provide ₹15,000 incentives to youth on securing their first job.

While announcing the Pradhan Mantri Vikasit Bharat Rojgar Yojana, PM Modi said that this is big news for the youth of the country. Today, on 15th August, we are launching a scheme worth Rs. 1 lakh crore for the youth of my country.

₹15,000 Incentive For First Job

He said that the Pradhan Mantri Vikasit Bharat Rojgar Yojana has been implemented from today. Boys and girls who get their first job in the private sector will be given Rs 15,000 by the government. Under this scheme, a target has been set to create more than 3.5 crore jobs in the next 2 years.

The amount will be available only on these conditions

This new scheme launched by the government focuses especially on the manufacturing sector. The scheme has been made keeping this in mind. Under this scheme, as soon as the youth works in a company or gets a job for the first time, they will be given this amount. However, many conditions have also been imposed on this. Under this, the youth who get a job will have to work in that company for at least 6 months. Along with this, it is necessary for the company to be registered with EPFO. If all these conditions are fulfilled, then the youth will be given incentive money.

How to apply for this scheme?

There is no need to apply for this scheme started by PM Modi. As soon as you get a job in a company or your PF account is opened, you will become eligible for this scheme. The first installment, or amount, of this scheme will be given to you 6 months after getting a job. Which will come directly to your account.

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