PM Modi Distributes 51,000+ Appointment Letters, Launches ‘Viksit Bharat Yojana’ to Provide 3.5 Crore Jobs
Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) – Online Portal for Employers and First-Time Employees Launched
The Employees’ Provident Fund Organisation (EPFO) has announced a significant enhancement to its financial support scheme for the families of employees who pass away while in service. Starting April 1, 2025, the ex-gratia assistance provided from the Death Relief Fund will be raised from the existing ₹8.8 lakh to ₹15 lakh.
The Labour Insurance Scheme offers comprehensive financial coverage for workers who hold a white ration card (excluding government employees), typically aged between 18 to 55 years. For a one-time payment of ₹110, beneficiaries receive insurance protection spanning six years, averaging just ₹22 per year.
This initiative is aimed at encouraging private sector job creation and supporting young professionals who are entering formal employment for the very first time. Under the scheme, eligible employees will receive ₹15,000 as direct financial support from the government, while employers who generate additional jobs will also be given incentives.
Are you stepping into your first formal job? The Government of India has launched the Employment Linked Incentive (ELI) Scheme, a transformative move aimed at empowering India’s youth and boosting formal employment.
If you're a young entrepreneur dreaming of starting your own venture, the Pradhan Mantri Employment Generation Programme (PMEGP) might just be the golden opportunity you've been waiting for. Backed by the Ministry of MSME, the scheme provides loans up to ₹25 lakhs with government subsidy up to ₹8.75 lakhs, especially targeting unemployed youth, women, and marginalized communities.
To provide financial assistance to unemployed youth in West Bengal and enhance their employability through support for skill development and training.