Modi disburses Rs 2,400 crore under PMVKR Yojana

Prime Minister Narendra Modi today disbursed incentives amounting to approximately ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme held at Vigyan Bhawan, New Delhi.

The programme was attended by Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya; Minister of State for Labour & Employment and Micro, Small & Medium Enterprises, Ms. Shobha Karandlaje; and senior officials of the Ministry of Labour & Employment. As part of the nationwide outreach effort, PM-VBRY events were also organised simultaneously at around 200 locations across the country.

Addressing the event, PM Modi said, “Prime Minister Viksit Bharat Rozgar Yojana is much more than an employment scheme. It is an initiative designed to strengthen the aspirations of young people entering their first jobs while creating a robust bridge between industry and the workforce.” He observed that while many schemes are typically focused either on employees or employers, this programme simultaneously supports both. The Government stands with young people beginning their professional journeys and encourages institutions that create new employment opportunities.

The Prime Minister also expressed satisfaction over the participation of institutions and enterprises that have generated employment opportunities under the scheme. “Employment generation gains momentum when the Government, industry, and youth work together. The initiative is a reflection of a new India where young people receive opportunities, industries receive encouragement, and employment generation becomes a national mission”, Shri Modi noted.(UPDATED ON 19TH JUNE 2026)