The government has officially launched the much-anticipated 'Pradhan Mantri Viksit Bharat Rozgar Yojana' (PMVBRY) portal to boost employment across the country. Announcing the launch on Monday, Union Minister Mansukh Mandaviya called upon employers and first-time job seekers to make the most of this major initiative, which carries a massive allocation of nearly Rs 1 lakh crore.
The employer is entitled to get incentives under three slabs. If the salary of an employee is Rs 10,000 per month, then the employer will get an incentive of Rs 1,000. The employer of an employee with a monthly salary ranging between Rs 10,000-20,000 will get an incentive of Rs 2,000. Employers whose new employee has a salary up to Rs 30,000 will get a one-time incentive of Rs 3,000.
