PM disburses ~₹2,400 crore under Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)

📌 Summary:

• PM Modi disbursed incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)
• PM-VBRY is the Government's flagship employment-linked incentive (ELI) scheme that supports both first-time employees and employers simultaneously
• The release states the scheme has supported the creation of ~15 lakh employment opportunities; the PM noted nearly 70 lakh new jobs created with an equal number brought under social security
• Around 20 lakh youth have completed six months in their first jobs; ~10 lakh beneficiaries have received incentives; over ₹2,000 crore has been directly transferred to bank accounts
• The scheme aims to build a bridge between youth and industry and expand social-security coverage across sectors

🎯 UPSC Relevance: GS3 Economy (employment generation, ELI schemes, social security) and GS2 (welfare schemes)

📝 Prelims Facts:

• PM-VBRY is an employment-linked incentive (ELI) scheme of the Government of India
• ~₹2,400 crore was disbursed; benefits delivered via Direct Benefit Transfer to bank accounts
• It supports first-time employees and employers simultaneously

🔑 Key Term: Employment-Linked Incentive (ELI) — incentives tied to net new job creation and first-time formal employment