The Government of India has released the official guidelines for the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), popularly known as the ELI Scheme. After months of discussions and clarifications, the framework is now clear for both employers and employees.
Key Highlights of the Scheme
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One-time support for employees: First-time employees (First Timers) are eligible for a one-time incentive of up to ₹15,000/-, helping them navigate their initial learning curve.
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Support for employers: Establishments creating additional employment will receive incentives for:
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4 years – for manufacturing sector employers.
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2 years – for employers in other sectors.
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Who is a “New Employee” or “First Timer”?
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New Employee / New Joiner: An employee who joins an establishment between 1st August 2025 and 31st July 2027.
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First Timer: An employee who:
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Has never been a contributing member of EPFO or an Exempted Trust before the scheme.
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Joins during the scheme period.
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Has contributions deposited for the first time.
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Completes UAN Face Authentication via the UMANG App.
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What is “EPF Wage”?
For calculating incentives, the EPF Wage will be derived using reverse calculation from the actual contribution amount submitted in the Electronic Challan-cum-Return (ECR). This ensures accuracy and consistency across establishments.
Why it Matters for Companies
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Companies do not need any extra registration or additional reporting.
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The scheme works seamlessly through existing ECR filings and compliance processes.
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The focus is simply on generating new employment.
Conclusion
The PMVBRY (ELI Scheme) is designed to encourage job creation, especially in manufacturing, while giving first-time employees a direct financial benefit. The scheme will evolve with clarifications from the Ministry of Labour & Employment as it progresses, but its intent is clear: support new workers and reward employers who create jobs.
Download: PMVBRY-Final
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