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Prime Minister Narendra Modi used India’s Independence Day celebrations on 15 August to unveil the Pradhan Mantri Viksit Bharat Rojgar Yojana, a jobs initiative with an outlay of about ₹1 trillion (Rs 1 lakh crore). The programme offers a one-time grant of ₹15,000 to young people taking up their first job in the private sector and provides financial incentives to companies that expand hiring. The government estimates the scheme could benefit as many as 35 million youths, aiming to address unemployment and encourage formal job creation. Details on the size of employer subsidies and the disbursement timeline were not immediately released, but Modi said the measure is intended to make “developed India” a shared goal between business and the country’s growing workforce.
PM Modi unveils Viksit Bharat Rojgaar Yojana to aid first-time private sector employees and incentivise employers to generate jobs, aiming to benefit 35 million youth. #PMModi #NarendraModi #ViksitBharat #IndependenceDay | @ShivaRajora7 https://t.co/kSlTnoWKEt
State Bank of India (#SBI) on Thursday unveiled a dedicated personal loan scheme for Agniveers serving under the Government of India’s short-term Agnipath recruitment programme. @sunainaachadha shares details 👇 #StateBankOfIndia #Agniveers #Agnipath https://t.co/EGZ5bzEVp8
PM Modi marked Independence Day by launching a ₹1 trillion jobs scheme, offering ₹15,000 to first-time private sector employees and incentives for employers. #PMModi #IndependenceDay #JobsScheme #PrivateSector | @surbhiglori https://t.co/yi3pkPT8un
