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Economics2h 42m ago

Ravi, a young worker in Coimbatore, six months into his first formal job at a small manufacturing unit, recently received a credit of ₹ 7,500 in his bank account.

Coimbatore, India

Who
Ravi, Prime Minister
What
Ravi, a young worker in Coimbatore, six months into his first formal job at a small manufacturing unit, recently received a credit of ₹ 7,500 in his bank account.
When
Tue, 16 Jun 2026 16:27:00 GMT · 2h 42m ago
Where
Coimbatore, India ·
Why
The amount was disbursed automatically following completion of six months of continuous employment, as part of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) introduced in the Union Budget 2024-25.
The Frontline Impact

How this affects you

The PM-VBRY scheme aims to create over 3.5 crore formal jobs in India, providing cash incentives and social security access to first-time employees and encouraging small businesses to expand their workforce.

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