Financial Incentives for Employers Under PMVBRY
The pradhanmantri viksit bharat yojana offers direct financial support to employers who create additional employment. This is Part B of the pmvbry scheme, designed to encourage job growth in all sectors, with special focus on manufacturing.
Employers receive monthly incentives for 2 years in non-manufacturing sectors and 4 years in manufacturing. The support is calculated based on the EPF wage of new employees with gross wages up to ₹1 lakh.
How Employers Qualify for Benefits
To get benefits under pradhan mantri viksit bharat rojgar yojana, an establishment must:
- Be registered with epfo
- File 6 months of continuous ECR with contributions
- Meet the threshold criteria for additional jobs
For units with baseline < 50 employees: at least 2 additional jobs
For units with baseline ≥ 50 employees: at least 5 additional jobs
The baseline is the average number of employees from August 2024 to July 2025 for existing units. For new units, it’s fixed at 20 employees.
Incentive Calculation Based on EPF Wage
The pm viksit bharat rozgar yojana uses a slab-based system to determine employer incentives:
- EPF wage ≤ ₹10,000: 10% of wage (e.g., ₹950 for ₹9,500)
- ₹10,001 to ₹20,000: ₹2,000 per employee per month
- Above ₹20,000: ₹3,000 per employee per month
Only employees joining between August 1, 2025, and July 31, 2027 are counted. The incentive is paid every 6 months on a pro-rata basis after verifying net additional employment.
Role of ECR and Rolling Average
The epfo uses Electronic Challan-cum-Return (ECR) data to verify employment levels. The rolling average method is used to assess sustainability of new jobs.
For example:
- Months 1–6: Simple average of employees
- From Month 7: Average of all previous months
- From Month 13: Average of last 12 months
This ensures only sustained job creation qualifies for benefits under viksit bharat rozgar yojana.
How to Claim Benefits: pmvbry.epfindia.gov.in and pmvbry login
Employers do not apply separately. The system at pmvbry.epfindia.gov.in automatically identifies eligible units based on ECR filings and UAN status.
Use pmvbry login to:
- Check eligibility status
- View incentive calculations
- Track disbursement dates
Some official circulars may also appear on pmvbry labour gov in, so employers should monitor both platforms.
The pmvbry scheme stops incentives if the unit fails to meet threshold criteria in any month. However, it resumes if compliance is restored — without extending the total incentive period.
Final Notes on Employer Support
The pradhanmantri viksit bharat yojana strengthens formal hiring by reducing initial costs for employers. With automatic processing via epfo, the viksit bharat rojgar yojana ensures fast, fraud-free disbursement.
Manufacturing units benefit most due to the 4-year incentive window. Employers must ensure timely ECR filing and correct employee data to fully access benefits under pradhan mantri viksit bharat rojgar yojana.