All India Rubber Industries Association (AIRIA) organized webinar, under their Knowledge Series: Rubber & Beyond on the latest PM Viksit Bharat Rozgar Yojana (PMVBRY), the new name for Employment Linked Incentives Scheme, with speaker Mr. Pugazhendhi J, Enforcement Officer, EPFO RO Ambattur.
The webinar highlighted the scheme's objective, eligibility criteria, and benefits for both employees and employers, including financial incentives and social security measures. The webinar further included the detailed registration process, benefit calculations, and technical requirements for participating in the scheme, which launched on August 1, 2025.
The webinar took place on the 22 August 2025 and was attended by all the members of AIRIA and other participants.
Mr. Mithilesh Jadhav, past Vice Chairman and currently Western Region Committee member of AIRIA welcomed the participants and introduced the speaker, outlining the key points to be covered in the session.
The webinar started with explaining the new employment scheme with two parts: Part A for employees and Part B for employers. Part A provides an incentive of up to Rs. 15,000 in two installments to first-time employees with a monthly salary of Rs. 1 lakh or less, who joined a PF covered organization on or after August 25, 2025.
The first installment is available after 6 months of ECR filing, and the second after another 6 months, contingent on completing a mandatory financial literacy course. The scheme aims to formalize informal sector workers, increase their welfare, and promote saving habits through financial literacy. The scheme aims to create new jobs and increase employability by requiring new employees to be retained for at least six months.
He also explained the process for employers and employees to register and be eligible for benefits through the PM Vbry registration and face authentication using the Umanga and Azar Face RD apps. He clarified that new employees must install these apps and complete face authentication to create a new UAN, which employers can then use in their portal. Pugazh also discussed that employers must provide GST details, PAN, and bank account information to be eligible for benefits.
The further discussion focused on employee benefits, specifically the eligibility criteria for first-time employees and explained that employees must complete at least 6 months of service to be eligible for benefits, with the first installment calculated as 50% of the average wage for the first 6 months. He also clarified that the maximum benefit an employee can receive is Rs. 15,000, split into two installments of Rs. 7,500 each and these benefits are only available to first-time employees who complete the mandatory financial literacy module within the specified timeframe.
The session concluded with Mr. Mithilesh Jadhav expressing gratitude to the speaker, participants and the AIRIA organizing team for conducting such discerning webinar.