Fri Jul 25 09:18:50 UTC 2025: ## Summary:
The Ministry of Labour and Employment has announced that first-time employees registered with the Employees’ Provident Fund Organisation (EPFO) will be eligible to receive Rs. 15,000 under the new PM Viksit Bharat Rozgar Yojana (PM-VBRY), effective August 1st.
## News Article:
**First-Time EPFO Employees to Receive Rs. 15,000 Under New Rozgar Yojana**
**New Delhi, India -** In a move aimed at boosting employment and providing financial support to new workforce entrants, the Ministry of Labour and Employment announced on Friday that first-time employees registered with the Employees’ Provident Fund Organisation (EPFO) will be eligible to receive Rs. 15,000 under the PM Viksit Bharat Rozgar Yojana (PM-VBRY).
The scheme, effective from August 1st, aims to incentivize companies to hire new employees and provide a financial cushion for individuals just starting their careers.
“This initiative under the PM-VBRY is a significant step towards empowering our youth and creating more employment opportunities,” stated a spokesperson for the Ministry. “By providing this financial assistance, we aim to encourage more individuals to join the formal workforce and contribute to the nation’s economic growth.”
Further details regarding the eligibility criteria and application process are expected to be released by the Ministry in the coming days. The PM-VBRY is anticipated to significantly impact the employment landscape and provide a much-needed boost to the livelihoods of new entrants into the workforce.
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