Prime Minister to disburse ₹2,400 crore worth incentives to new employees, employers
Indian Prime Minister Narendra Modi is set to disburse ₹2,400 crore in incentives under the PM-VBRY scheme to support first-time employees and small enterprises. The initiative aims to boost manufacturing employment and formalize the workforce.
Why it matters
This government program represents a significant fiscal effort to stimulate job creation and support small-scale enterprises within the Indian economy.
Prime Minister Narendra Modi will disburse ₹2,400 crore worth of incentives under the Pradhan Mantri Viksit Bharat Rojgar Yojana (PM-VBRY) in New Delhi on Friday (June 19, 2026).
The article provides a factual summary of a government policy announcement and official statements without overt editorializing.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in