Big gift to youth on Independence Day, Announcement of Pradhan Mantri Vikasit Bharat Rojgar Yojana, know about it
On India’s 79th Independence Day, PM Narendra Modi announced the Pradhan Mantri Vikasit Bharat Rojgar Yojana worth Rs 1 lakh crore. The scheme will benefit 3.5 crore youth with financial support of Rs 15,000 for first jobs and subsidies for companies creating employment. Aimed at boosting jobs in SMEs, manufacturing, services, and technology, the scheme ensures job opportunities for youth and incentives for businesses.
New Delhi, Prime Minister Narendra Modi made a big announcement for the youth from the Red Fort on the occasion of 79th Independence Day. He announced the implementation of a scheme of Rs 1 lakh crore for the youth. PM Modi said that the Pradhan Mantri Vikasit Bharat Rojgar Yojana is being implemented from today itself.
Benefit to 3.5 crore youth
The Pradhan Mantri Vikasit Rojgar Yojana will provide new employment opportunities for about 3.5 crore youth. The scheme of Rs 1 lakh crore is a big gift from PM Modi to the youth of the country on the occasion of Independence Day. Under this scheme, those who do their first job in the private sector will be given Rs 15 thousand by the government.
Opportunities for new jobs
Under this scheme, the government will help those companies and businesses in the form of subsidy which will provide maximum employment. Along with giving subsidy to the companies, the government will give this financial help to the youth. This scheme will provide opportunities for new jobs in the country. This scheme focuses on increasing jobs in small-medium enterprises and different sectors like manufacturing, services and technology.
The amount will be transferred in two installments
Only those youth who are in their first job and are registered with EPFO will get the benefit of this scheme. A total of 15 thousand rupees will be transferred in two installments. The condition will be that the salary should be less than one lakh rupees. Those with more salary than this will not be able to get the benefit of this scheme.
The company providing the job will also benefit
Along with the youth getting their first job, the companies providing the job will also get the benefit in this scheme. The government will give three thousand rupees per month to the companies per employee for two years, but the condition in this will also be that the employee should remain in the job for at least 6 months.
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