Consider this: a manufacturing unit in Pune hired 18 new workers between August and December 2025. All 18 had Aadhaar-authenticated UAN numbers, were first-time EPFO members, and earned below Rs. 1 lakh per month. The employer had heard about PMVBRY but assumed registration was complicated and the incentive would be small. When Futurex calculated the actual benefit, it came to Rs. 3,000 per month per worker for 24 months, totalling Rs. 12.96 lakh in employer incentives for those 18 hires alone. The employer had not registered yet and was losing money every month by waiting.
PMVBRY stands for Pradhan Mantri Viksit Bharat Rozgar Yojana. The Union Cabinet approved it on 1 July 2025 with a total outlay of Rs. 99,446 crore. Specifically, it is an employment-linked incentive scheme designed to stimulate job creation across all sectors, with special focus on manufacturing. Specifically, the scheme runs from 1 August 2025 to 31 July 2027 and provides direct financial incentives to both employers and first-time employees who join the formal workforce during this period.
This guide covers exactly what PMVBRY means for employers, how much you can claim, what the eligibility conditions are, how the baseline calculation works, and the step-by-step registration process through the official EPFO portal.
Already hired new employees since August 2025 but not yet registered for PMVBRY? Futurex handles PMVBRY registration, baseline calculation and claim filing for employers across India. Every month you delay is an incentive you lose permanently.
What Is PMVBRY? Full Meaning and Purpose
PMVBRY full form is Pradhan Mantri Viksit Bharat Rozgar Yojana. The scheme aims to create more than 3.5 crore new jobs over two years by incentivizing employers to hire additional workers and by supporting first-time employees as they enter the formal workforce. Consequently, the scheme works on both sides of the employment equation simultaneously.
Notably, the Ministry of Labour and Employment administers the scheme. Day-to-day operations and IT-based monitoring run through the Employees Provident Fund Organisation (EPFO). The official portal is at pmvbry.epfindia.gov.in. Employers can also access the scheme through pmvbry.labour.gov.in. Notably, both portals link to the same backend system.
PMVBRY Benefits for Employers: How Much Can You Claim?
The employer incentive under PMVBRY is paid monthly per additional employee hired beyond the baseline workforce. Specifically, the amount depends on the employee’s monthly wage and is paid directly to the employer’s PAN-linked bank account after the employee completes the required employment period.
| Employee Monthly Wages | Employer Monthly Incentive | Total Over 2 Years |
|---|---|---|
| Up to Rs. 10,000 | Rs. 1,000 per month | Rs. 24,000 per employee |
| Rs. 10,001 to Rs. 20,000 | Rs. 2,000 per month | Rs. 48,000 per employee |
| Rs. 20,001 to Rs. 1,00,000 | Rs. 3,000 per month | Rs. 72,000 per employee |
Importantly, for manufacturing sector employers, the incentive period extends to 4 years instead of 2. This means the total employer incentive for a manufacturing worker earning between Rs. 20,001 and Rs. 1,00,000 per month reaches Rs. 1,44,000 per employee over the scheme period. Notably, the incentive releases in installments after the employee completes 6 months, 12 months, 18 months, and 24 months of continuous employment with the same establishment.
⚠ Incentives are not retroactive: The PMVBRY employer incentive applies only from the month of registration onwards. Employers who hired eligible employees after 1 August 2025 but have not yet registered are losing the incentive for every month that passes. Register immediately to stop the loss. Incentives for past months before registration cannot be claimed retroactively.
PMVBRY Benefits for Employees: The Rs. 15,000 First-Timer Support
For first-time employees, PMVBRY provides a one-time incentive of up to Rs. 15,000 paid in two installments. Specifically, the first installment arrives after the employee completes 6 months of employment. Moreover, the second installment releases after 12 months, subject to completion of a Financial Literacy Course on the EPFO portal. The amount equals one month’s EPF wages or Rs. 15,000, whichever is lower. The payment goes directly to the employee’s Aadhaar-seeded bank account.
For employers, consequently, this employee incentive creates an indirect benefit. First-time employees who know they have a Rs. 15,000 incentive coming after 6 months have a stronger reason to stay. Consequently, employers in high-attrition sectors like garments, food processing, and logistics find that PMVBRY reduces early-tenure turnover among first-time hires.
PMVBRY Eligibility Criteria for Employers
Not every employer qualifies for PMVBRY incentives, and not every new hire triggers an incentive. Understanding both employer-level and employee-level eligibility is therefore essential before registering.
Employer-Level Eligibility
Specifically, the establishment must be registered with EPFO. Specifically, establishments already registered with EPFO do not need fresh registration under PMVBRY. They need only furnish their PAN, GSTIN, and PAN-linked bank account details on the PMVBRY portal. New establishments registering through the Shram Suvidha Portal or the MCA’s SPICe+ portal automatically receive an EPFO PF code and can then access PMVBRY benefits.
Moreover, employers must file monthly ECR (Electronic Challan-cum-Return) on time. The EPFO system uses ECR data to verify employee contributions and determine whether incentive conditions are met. A lapse in ECR filing can result in loss of incentives for that period, even if the employees are still working.
Employee-Level Eligibility for Part A (First-Timer Incentive)
Specifically, for Part A eligibility, the employee must never have been an EPFO member before 1 August 2025, must join an EPFO-registered establishment between 1 August 2025 and 31 July 2027, must have an Aadhaar-authenticated UAN via UMANG app Face Authentication, must earn below Rs. 1,00,000 per month, and must complete at least 6 months of continuous employment with the same establishment.
Employee-Level Eligibility for Part B (Employer Incentive)
In addition, Part B covers both first-time EPFO members joining during the scheme period and re-joining employees who had previous EPFO membership but are rejoining a registered establishment during the scheme period. For both categories, the employee’s UAN must be Aadhaar-authenticated. EPFO contributions, both employer and employee portions, must be received for at least 6 months before the incentive installment releases.
What Is the PMVBRY Baseline and How Is It Calculated?
The PMVBRY employer incentive applies only to employees hired above the baseline workforce. The baseline is, therefore, the critical number every employer must understand before estimating their benefit.
For Existing EPFO-Registered Establishments
Specifically, for establishments registered with EPFO before 31 July 2024 and regularly filing ECRs, the baseline equals the average number of employees across ECRs filed from August 2024 to July 2025. Importantly, existing establishments must submit ECRs from August 2024 to July 2025 by 31 January 2026 to establish their baseline. Any lapse in filing during this period can result in loss of incentives.
For New Establishments
For new establishments, however, those that registered after 1 August 2024 or that are registering fresh, the baseline is zero. Consequently, every eligible employee they hire from 1 August 2025 onwards counts as an additional hire and qualifies for the employer incentive immediately, subject to all other eligibility conditions.
⚠ Minimum hiring threshold applies: Employers with fewer than 50 employees must hire at least 2 additional employees per year above the baseline to qualify. Employers with 50 or more employees must hire at least 5 additional employees per year above the baseline. Hiring below these minimums means no PMVBRY incentive applies for that year regardless of other conditions.
How to Register for PMVBRY: Step-by-Step Process
Registration for PMVBRY happens through the official portal at pmvbry.epfindia.gov.in. The process for existing EPFO-registered employers is straightforward and does not require a separate new registration.
Step 1: Visit pmvbry.epfindia.gov.in and log in using your existing EPFO employer credentials.
Step 2: Navigate to the PMVBRY registration section and furnish your PAN, GSTIN, and the bank account number linked to your PAN. This is a one-time process.
Step 3: Verify your baseline employee count. The portal will pull ECR data from August 2024 to July 2025 to compute the baseline automatically for eligible establishments.
Step 4: Ensure all eligible new employees have Aadhaar-authenticated UANs generated through Face Authentication on the UMANG app. Without this, the employee does not qualify for either Part A or Part B benefits.
Step 5: File monthly ECR on time for all covered employees. The portal tracks contributions through ECR data and releases incentive installments automatically after the required employment period is completed.
For complete EPFO compliance alongside PMVBRY, our guide on ESIC applicability and rules 2026 covers the ESI obligations that apply alongside PF for most establishments benefiting from PMVBRY. For companies that want to ensure their EPFO filing is accurate before registering for PMVBRY, our labour compliance services team reviews ECR history and corrects any gaps before baseline determination.
How Futurex Helps Employers Claim PMVBRY Benefits
Futurex manages PMVBRY registration and claim support for employers across India. In practice, this means assessing baseline eligibility, verifying that existing ECR filings are complete and accurate, registering on the PMVBRY portal, ensuring all new hires have Aadhaar-authenticated UANs, tracking the 6-month, 12-month, and 18-month installment triggers, and coordinating with the EPFO system when installments are due.
For manufacturing sector employers, in particular, the 4-year incentive period makes the total benefit per eligible hire significantly larger. Consequently, mapping this across projected hiring plans allows those employers to quantify the government subsidy embedded in their workforce expansion and factor it into business planning. Contact Futurex at futurexsolutions.com/contact-us to start with a free PMVBRY eligibility check.
Frequently Asked Questions About PMVBRY
What does PMVBRY mean?
PMVBRY stands for Pradhan Mantri Viksit Bharat Rozgar Yojana. It is a central government employment-linked incentive scheme approved on 1 July 2025 with a total outlay of Rs. 99,446 crore. The scheme runs from 1 August 2025 to 31 July 2027 and provides financial incentives to both employers who hire additional workers and to first-time employees entering the formal workforce through EPFO-registered establishments.
What are the PMVBRY benefits for employers?
Employers receive a monthly incentive of Rs. 1,000, Rs. 2,000, or Rs. 3,000 per additional eligible employee depending on the employee’s wage slab. The incentive pays out after the employee completes 6, 12, 18, and 24 months of employment. For manufacturing sector employers, the incentive period extends to 4 years. An employer hiring 10 employees earning between Rs. 20,001 and Rs. 1,00,000 per month receives Rs. 30,000 per month in employer incentives, totalling Rs. 7.2 lakh over 2 years for those 10 hires.
What is the PMVBRY eligibility criteria for employees?
For Part A first-timer support, the employee must never have been an EPFO member before 1 August 2025, must join an EPFO-registered establishment between 1 August 2025 and 31 July 2027, must have an Aadhaar-authenticated UAN via Face Authentication on the UMANG app, must earn below Rs. 1,00,000 per month in gross wages, and must complete at least 6 months of continuous employment with the same establishment.
What is the tentative baseline for PMVBRY?
The PMVBRY baseline is the average number of employees an establishment had during the reference period from August 2024 to July 2025, based on ECR filings. Only employees hired above this baseline count for the employer incentive. Existing EPFO-registered establishments must submit ECRs from August 2024 to July 2025 by 31 January 2026 to establish their baseline. New establishments have a zero baseline, meaning every eligible hire qualifies immediately.
Does an employer need separate PMVBRY registration?
Indeed, no separate registration is needed. Establishments already registered with EPFO under PMVBRY. They need only furnish their PAN, GSTIN, and PAN-linked bank account details on the PMVBRY portal at pmvbry.epfindia.gov.in. New establishments registering through the Shram Suvidha Portal or the MCA SPICe+ portal automatically receive an EPFO PF code and can access PMVBRY benefits without a separate registration process.
What is PMVBRY in EPFO?
In EPFO context, PMVBRY is the Employment Linked Incentive scheme administered through EPFO’s digital infrastructure. EPFO tracks registrations, verifies monthly ECR contributions, monitors the 6-month and 12-month employment conditions, and processes incentive disbursements directly to employer and employee bank accounts. The EPFO portal at pmvbry.epfindia.gov.in is the primary gateway for all PMVBRY registrations and claims.
Are You Claiming Your PMVBRY Employer Incentives?
Every eligible employee you hired after August 2025 without PMVBRY registration is a month of incentive lost permanently. Futurex Management Solutions handles PMVBRY baseline assessment, portal registration, UAN verification, ECR compliance, and installment tracking for employers across India. First eligibility check is free. No commitment required.