PMVBRY (Pradhan Mantri Viksit Bharat Rozgar Yojana): Complete Guide for Employers and Employees (2026)

What is PMVBRY?

Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) is a Government of India employment promotion scheme aimed at creating new jobs in the formal sector. The scheme encourages employers to hire more workers while providing financial support linked to employment and social security registration.

The primary objective is to increase formal employment, improve social security coverage through EPFO, and support businesses in expanding their workforce.

Objectives of PMVBRY

The key objectives of PMVBRY are:

Generate new employment opportunities.
Encourage formal sector hiring.
Increase EPFO coverage.
Support MSMEs, startups, and manufacturing industries.
Improve income security for employees.

Key Benefits of PMVBRY

For Employers

Financial incentive for hiring eligible employees.
Lower employment costs.
Easier workforce expansion.
Encourages compliance with EPF regulations.
Supports business growth.

For Employees

Formal employment opportunities.
EPF benefits.
Pension benefits under EPS.
Insurance coverage under EDLI.
Better job security.

Eligibility for Employers

To avail benefits under PMVBRY, employers generally need to:

Be registered with EPFO.
Have a valid Establishment ID.
File EPF returns regularly.
Maintain compliance with labour laws.
Add eligible new employees.

Eligibility for Employees

Eligible employees generally should:

Be newly employed.
Be registered with EPFO.
Meet salary eligibility criteria notified by the Government.
Possess a valid Aadhaar-linked UAN.
Have complete KYC.

Documents Required

Employers may require:

EPFO Registration
PAN
GST Registration (if applicable)
Aadhaar
Bank Account Details
Digital Signature Certificate (DSC)

Employees may require:

Aadhaar Card
PAN Card
Bank Account
Mobile Number
UAN
KYC Documents

How PMVBRY Works

Employer hires a new eligible employee.
Employee is enrolled with EPFO.
Employer files monthly EPF returns.
Government verifies eligibility.
Eligible incentives are credited as per scheme guidelines.

Advantages of PMVBRY

Encourages formal employment.
Reduces unemployment.
Supports MSMEs.
Promotes social security.
Boosts economic growth.
Increases EPFO membership.
Helps employers reduce hiring costs.

Role of EPFO under PMVBRY

EPFO plays a major role by:

Registering employees.
Maintaining PF accounts.
Processing contributions.
Verifying employer compliance.
Supporting benefit administration.

Common Challenges

Some employers face issues such as:

Incorrect employee KYC.
UAN mismatch.
Delay in EPF filing.
Aadhaar authentication errors.
Non-compliance with EPFO rules.

Professional EPF consultants can help resolve these issues quickly.

How EPFWala Can Help

EPFWala provides end-to-end assistance for employers under PMVBRY, including:

EPF Registration
UAN Activation
Employee Onboarding
Monthly EPF Return Filing
Compliance Management
KYC Verification
Employer Advisory
EPFO Notice Handling

Our experts ensure your business remains fully compliant while helping you maximize available government employment incentives.

Frequently Asked Questions (FAQs)

Is PMVBRY available across India?

Yes, eligible employers across India can benefit, subject to government guidelines.

Is EPFO registration mandatory?

Yes. EPFO registration is generally required to receive scheme benefits.

Can MSMEs apply?

Yes. MSMEs are among the major beneficiaries of PMVBRY.

Does the scheme benefit employees?

Yes. Employees receive social security benefits such as EPF, EPS, and EDLI coverage.

Can EPFWala assist with PMVBRY compliance?

Yes. EPFWala provides complete support, from EPFO registration to monthly compliance and advisory services.

Conclusion

The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) is an important initiative to promote formal employment and strengthen India’s workforce. By encouraging employers to hire new workers and ensuring EPFO coverage, the scheme benefits businesses, employees, and the economy alike.

If you are planning to hire new employees or want assistance with EPF registration and compliance under PMVBRY, EPFWala can help you manage the entire process efficiently.