PMVBRY Scheme Explained at Footwear Cluster Bahadurgarh | BCCI–EPFO Meeting Update
PMVBRY Scheme Explained at Footwear Cluster Building, Bahadurgarh
We are pleased to inform all members that a highly informative and productive meeting was successfully conducted today at the Footwear Cluster Building, Bahadurgarh. The meeting was organized jointly by BCCI and the Footwear Park Association with the objective of creating awareness about key industrial issues and an important Government of India initiative — the Pradhan Mantri Viksit Bharat Rozgaar Yojana (PMVBRY).
The session was chaired by the Regional Provident Fund Commissioner, Rohtak, and witnessed active participation from employers, industrial representatives, and stakeholders from the footwear and allied manufacturing sectors.
Objective of the Meeting
The primary objective of the meeting was to:
- Address key industrial and compliance-related concerns
- Provide clarity on the PMVBRY employment-linked incentive scheme
- Educate employers on eligibility, benefits, and procedural requirements under EPFO
The initiative aims to strengthen collaboration between industry and government while promoting structured employment generation.
Overview of Pradhan Mantri Viksit Bharat Rozgaar Yojana (PMVBRY)
During the session, officials from EPFO explained the scheme in detail, referring to the official EPFO communication to ensure transparency and accuracy.
🔹 Scheme Duration
The PMVBRY scheme will be operational from 1 August 2025 to 31 July 2027, providing long-term support to both employees and employers.
🔹 Key Objective
The scheme is designed to:
- Promote new employment generation, especially for youth
- Encourage formalization of workforce
- Support industries in expanding manpower sustainably
Key Highlights of the Scheme
✅ Part–A: Employee-Centric Benefits
Under Part-A of PMVBRY, eligible newly hired employees will receive direct benefits through EPF-linked incentives.
Key benefits include:
- Financial assistance through EPF contributions
- Incentives up to ₹15,000 per employee, depending on category
- Enhanced financial literacy
- Coverage under insurance and social security schemes
- Improved cyber-security awareness for digital EPFO services
These benefits aim to make formal employment more attractive and secure for young workers.
✅ Part–B: Employer Incentives
Part-B of the scheme focuses on incentivizing employers for job creation.
Highlights include:
- Financial incentives for employers creating additional jobs beyond the baseline employee count
- Encouragement for sustained workforce expansion
- Support for industries scaling up operations
This component is especially beneficial for manufacturing units, MSMEs, and large establishments.
Special Provisions for Large & New Establishments
The officials further clarified that:
- Establishments with 50 or more employees are eligible for special benefits
- New establishments registered after August 2025 will receive additional support under the scheme
These provisions are aimed at boosting fresh investments and expansion in industrial clusters like Bahadurgarh.
Eligibility & Compliance Requirements
To avail benefits under PMVBRY:
- Establishments must be registered under the EPF Act
- Monthly EPF returns must be filed regularly
- All claims will be processed through the official EPFO account of the establishment
- Proper documentation and compliance are mandatory
Officials provided step-by-step clarity to ensure employers fully understand the procedural framework.
Interactive & Informative Session
The meeting remained highly interactive, with employers actively raising queries related to:
- Eligibility criteria
- Incentive calculations
- Documentation process
- Timelines for benefit claims
All questions were addressed in detail, ensuring that members leave with clear understanding and confidence to implement the scheme effectively.
Acknowledgement & Appreciation
BCCI and the Footwear Park Association sincerely thank:
- The Regional P.F. Commissioner, Rohtak
- EPFO officials
- All participating members and employers
for their valuable time, cooperation, and active engagement, which made the session both informative and productive.
Commitment of BCCI & Footwear Park Association
BCCI and the Footwear Park Association remain committed to:
- Supporting industries with timely policy awareness
- Facilitating interaction between government departments and employers
- Promoting employment generation and industrial growth
We encourage all eligible establishments to take advantage of the PMVBRY scheme and contribute towards a stronger, more inclusive workforce.
Thanks & Regards
BCCI & Footwear Park Association