{"id":28089,"date":"2026-06-18T20:31:02","date_gmt":"2026-06-18T15:01:02","guid":{"rendered":"https:\/\/justicenews.in\/?p=28089"},"modified":"2026-06-18T20:31:02","modified_gmt":"2026-06-18T15:01:02","slug":"chandigarh-to-join-nationwide-pm-vbry-celebration-as-pm-leads-%e2%82%b92400-crore-incentive-disbursement","status":"publish","type":"post","link":"https:\/\/justicenews.in\/?p=28089","title":{"rendered":"Chandigarh to Join Nationwide PM-VBRY Celebration as PM Leads \u20b92,400 Crore Incentive Disbursement"},"content":{"rendered":"<p>Chandigarh,<\/p>\n<p>(\u00a0 Justice News)<\/p>\n<p>To mark the successful implementation of the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY), the Ministry of Labour &amp; Employment is organising a national PM-VBRY Event under the gracious presence of the Hon&#8217;ble Prime Minister of India on 19 June 2026 at Vigyan Bhawan, New Delhi. During the event, Hon&#8217;ble Prime Minister of India \u00a0will disburse incentives amounting to approximately \u20b92,400 crore to beneficiaries through Direct Benefit Transfer (DBT).<\/p>\n<p>This incentive disbursement under PM-VBRY is expected to support additional employment for more than 15 lakh persons. Around 1,200 invitees, including employer and employee beneficiaries and other distinguished guests, are expected to attend the main event in New Delhi. The Hon&#8217;ble Prime Minister will also interact with beneficiaries representing diverse regions of the country. The event will be telecasted on Doordarshan.<\/p>\n<p>The event will also be attended by Union Minister of Labour &amp; Employment and Youth Affairs &amp; Sports, Dr. Mansukh Mandaviya, and Minister of State for Labour &amp; Employment, Sushri Shobha Karandlaje, along with senior officials of the Ministry of Labour &amp; Employment.<\/p>\n<p>As part of a nationwide outreach effort, regional programmes will be organised simultaneously at 200 locations across the country. The regional programmes will be graced by a wide spectrum of public representatives and dignitaries, including 2 Governors, 5 Chief Ministers, 12 Union Ministers, 1 Deputy Chief Minister, 13 State Labour Ministers, 39 State Ministers, 59 Members of Parliament, 56 Members of Legislative Assemblies and 2 Mayors. Their participation, alongside senior government officials, employers and employees, will further strengthen the nationwide outreach of PM-VBRY and underscore the collective commitment towards employment generation and workforce formalisation. The proceedings of the main event at Vigyan Bhawan will be broadcast at all regional venues to facilitate nationwide participation.<\/p>\n<p>An estimated 65,000 to 70,000 participants are expected to attend the events across the country, including nearly 9,000 employer representatives and around 45,000 employees.<\/p>\n<p>Venue Details: &#8211; Goswami Ganesh Dutta Sanatan Dharma College Main Auditorium, Sector-32, Chandigarh.<\/p>\n<p>Chief Guest: Sh. Saurabh Joshi, Mayor of Chandigarh.<\/p>\n<p>Dignitaries: &#8211; \u00a0 \u00a01.Sh. Sh. Rajiv Kumar Gupta, IAS, Commissioner labor, government of Punjab.<\/p>\n<ol>\n<li>Sh. Hemang Dimngel, Deputy CLC Chandigarh<\/li>\n<li>Sh. Akash Mittal, ALC Chandigarh<\/li>\n<li>Sh. Pankaj Vohra, Joint Director ESIC<\/li>\n<li>Sh. S S Negi, DG Labour Bureau<\/li>\n<li>Sh. Hukum Singh, Regional Committee member.<\/li>\n<\/ol>\n<p>Apart from above dignitaries, Major employer\u2019s associations, employers and the employees will also attend the event.<\/p>\n<p>About PM-VBRY<\/p>\n<p>Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) is a flagship Employment-Linked Incentive (ELI) Scheme of the Government of India aimed at promoting formal employment, supporting first-time entrants into the organised workforce, and incentivising employers to create additional jobs. Under the Scheme, eligible first-time employees receive one month&#8217;s wage, up to \u20b915,000, while employers are provided incentives for a period of two years for generating additional employment. The manufacturing sector is eligible for extended support for an additional two years, thereby encouraging sustained job creation in labour-intensive industries.<\/p>\n<p>With a total outlay of \u20b999,446 crore, PM-VBRY aims to facilitate the creation of over 3.5 crore jobs across the country over a period of two years. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the formal workforce. The benefits under the Scheme are applicable to jobs created between 1 August 2025 and 31 July 2027. The Scheme seeks to expand social security coverage, promote quality employment and contribute to the vision of Viksit Bharat through inclusive and sustainable economic growth.<\/p>\n<p>The Scheme comprises two components:<\/p>\n<p>Part A \u2013 Incentive to First-Time Employees:<\/p>\n<p>Under this component, first-time employees registered with EPFO and earning wages up to \u20b91 lakh per month are eligible to receive an incentive equivalent to one month\u2019s wage, up to a maximum of \u20b915,000, in two instalments. The first instalment is payable after completion of six months of continuous service, while the second instalment is payable after twelve months of service and completion of a financial literacy programme. Employees who remain in continuous employment for more than six months become eligible to receive benefits under the Scheme, reinforcing workforce retention and sustained formal employment. The second instalment of the incentive will be retained in a savings instrument\/deposit account for a fixed period to encourage long-term savings habits among young workers.<\/p>\n<p>Part B \u2013 Support to Employers:<\/p>\n<p>This component incentivizes employers for generating additional employment across all sectors. Employers will receive incentives of up to \u20b93,000 per month per additional employee for a period of two years, provided the employee remains in sustained employment for at least six months. For the manufacturing sector, these incentives are extended for an additional two years, covering the third and fourth years as well. To qualify, EPFO-registered establishments must recruit at least two additional employees (for establishments with fewer than 50 employees) or five additional employees (for establishments with 50 or more employees).<\/p>\n<p>All payments to first-time employees under Part A are made through Direct Benefit Transfer (DBT) using the Aadhaar Bridge Payment System (ABPS), while incentives to employers under Part B are credited directly to their PAN-linked bank accounts.<\/p>\n<p>The PMVBRY Scheme is expected to catalyse job creation, particularly in the manufacturing sector, while encouraging youth participation in the formal workforce. The Scheme will also contribute substantially towards the formalization of employment and the expansion of social security coverage among millions of workers across the country.<\/p>\n<p>The PMVBRY Scheme has already demonstrated significant early success in promoting formal employment and supporting both workers and employers. In March 2026, benefits amounting to \u20b9247 crore were disbursed under Part A of the Scheme to 4.41 lakh first-time employees, providing direct financial support to young workers entering the formal workforce. Under Part B, incentives worth \u20b9214 crore were released to 17,551 establishments that generated additional employment of approximately 6.46 lakh workers.<\/p>\n<p>State level details of Part A and PART B beneficiaries for Punjab and Himachal Zone and Regional Office Chandigarh is given below for reference.<\/p>\n<p>1.Tentative Part-B Beneficiaries (Employers) for 2nd Disbursement Cycle<\/p>\n<p>Particulars \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0No. of Establishments\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Amount (\u20b9)<br \/>\nPunjab &amp; Himachal Pradesh Zone \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a02,428 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 56,85,77,793<br \/>\nRegional Office Chandigarh \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 794\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a026,63,94,224<\/p>\n<p>2.Tentative Part-A Beneficiaries (Employees) for 2nd Disbursement Cycle<\/p>\n<p>Particulars \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0No. of Beneficiaries\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Amount (\u20b9)<br \/>\nPunjab &amp; Himachal Pradesh Zone \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a015,287 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a08,38,03,235<br \/>\nRegional Office Chandigarh\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 5,435\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 3,26,38,831<\/p>\n<p>The upcoming benefit disbursement marks another significant milestone in the implementation of PM-VBRY.The nationwide event reflects the Government&#8217;s continued commitment to employment generation, formalisation of the workforce and expansion of social security coverage. Through sustained support to both employees and employers, PM-VBRY is emerging as a key pillar of India&#8217;s employment strategy and a significant contributor towards the vision of Viksit Bharat.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Chandigarh, (\u00a0 Justice News) To mark the successful implementation of the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY), the Ministry of Labour &amp; Employment is <a class=\"mh-excerpt-more\" href=\"https:\/\/justicenews.in\/?p=28089\" title=\"Chandigarh to Join Nationwide PM-VBRY Celebration as PM Leads \u20b92,400 Crore Incentive Disbursement\"><span>Read More<\/span><\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":16703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15],"tags":[],"class_list":["post-28089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-punjab"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/justicenews.in\/wp-content\/uploads\/2025\/06\/IMG-20250507-WA0010-2.jpg","jetpack_likes_enabled":true,"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pe1HXo-7j3","_links":{"self":[{"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/posts\/28089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/justicenews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28089"}],"version-history":[{"count":1,"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/posts\/28089\/revisions"}],"predecessor-version":[{"id":28091,"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/posts\/28089\/revisions\/28091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/justicenews.in\/index.php?rest_route=\/wp\/v2\/media\/16703"}],"wp:attachment":[{"href":"https:\/\/justicenews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justicenews.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justicenews.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}