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PM Modi announces Rs 1 tn Viksit Bharat jobs scheme, first-time employees to get Rs 15,000

FP News Desk August 15, 2025, 08:55:26 IST

In his Independence Day speech, Prime Minister Narendra Modi announced the ‘Pradhan Mantri Viksit Bharat Rojgar Yojana’ that will provide Rs 15,000 to people getting jobs for the first time. The scheme will also provide incentives to private companies to generate jobs.

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Prime Minister Narendra Modi addresses the nation from the Red Fort on the Independence Day on August 15, 2025.
Prime Minister Narendra Modi addresses the nation from the Red Fort on the Independence Day on August 15, 2025.

In his Independence Day speech, Prime Minister Narendra Modi on Friday said that the government will launch a new scheme to promote job generation named ‘Pradhan Mantri Viksit Bharat Rojgar Yojana’.

Under the scheme, Modi said that the government will provide Rs 15,000 as support to individuals who secure their first job in the private sector.

“Today, on the 15th of August, we are launching a landmark scheme worth Rs 1 lakh crore, the Pradhan Mantri Viksit Bharat Rojgar Yojana. Under this scheme, the government will provide Rs 15,000 as support to individuals who secure their first job in the private sector. This initiative is expected to generate 3.5 crore job opportunities across the nation,” the prime minister said.

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Modi also said that the government will provide incentives to companies to generate more jobs.

Modi is delivering his 12th consecutive address to the nation on Independence Day from the Red Fort.

In the speech, Modi also spoke about making India self-reliant in critical minerals and hailed the National Critical Mineral Mission (NCMM).

The prime minister said, “Today, the entire world is highly concerned about critical minerals and has begun to fully understand their importance. For us too, self-reliance in critical minerals is essential. That is why we have launched the National Critical Mission. Exploration is underway at more than 1,200 locations, and we are moving forward towards self-reliance in critical minerals as well.”

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