PM To Disburse Rs 24 bn Under PM VBRY on 19 June

24 Jun 2026 CW Team

Prime Minister Narendra Modi will disburse incentives worth Rs 24 billion (Rs 24 bn) under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme on 19 June 2026 at Vigyan Bhawan in New Delhi. The disbursal marks a significant milestone in the roll-out of the national employment-linked incentive scheme. The programme will underscore progress in formal job creation and widening social security coverage across states.

Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) is designed to accelerate job creation, promote formalisation of employment and expand social security coverage across sectors. The scheme has facilitated employment for one point five million (1.5 mn) beneficiaries to date and aims to support further formal employment opportunities. The incentives apply across sectors including manufacturing and services and are paired with measures to enhance worker skills and employability.

Under the scheme first-time employees are eligible for an incentive of up to Rs 15,000, while employers who generate additional employment can receive incentives of up to Rs 3,000 per month for each additional employee, encouraging sustained job creation. Employers in the manufacturing sector are entitled to incentives for four years and employers in other sectors for two years. The structure is intended to boost recruitment, strengthen social security cover and enhance employability.

PM-VBRY came into effect on one August 2025 and carries a total outlay of Rs 994.46 billion (Rs 994.46 bn), aiming to incentivise more than 35 million (35 mn) jobs over a two-year period. Of these roughly 19.2 million (19.2 mn) beneficiaries are expected to be first-time entrants to the workforce. Officials view the scheme as complementing other government measures to foster employment-led growth and translate economic progress into quality formal employment for youth.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..