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India's Rs 99,446 crore Viksit Bharat Rozgar Yojana aims to expand formal jobs

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The Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) has been introduced to boost formal employment across several sectors. It offers financial incentives to both employers and first-time workers entering the formal job market. The scheme projects creating over 3.5 crore jobs by 2027, including 1.92 crore for first-time workers. It also seeks to raise employment in manufacturing through incentives specific to that sector.

Read the full story at Times of India

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