Prime Minister Narendra Modi on Friday unveiled the “Pradhan Mantri Viksit Bharat Rozgar Yojana” and announced that individuals getting their first job in the private sector will receive Rs 15,000 from the Centre. Addressing the nation from the Red Fort on the 79th Independence Day, PM Modi informed that the new Rs 1 lakh crore scheme will come into immediate effect. He said it will benefit over 3.5 crore people.
“My country’s youth, today is 15th August, and on this very day, we are launching a scheme worth ₹1 lakh crore for the youth of our country. From today, the Pradhan Mantri Viksit Bharat Rojgar Yojana is being implemented… Under this scheme, young men and women getting their first job in the private sector will receive ₹15,000 from the government. Companies that create more employment opportunities will also be given incentive amounts. The Pradhan Mantri Viksit Bharat Rojgar Yojana will create nearly 3.5 crore new employment opportunities for the youth,” Modi said.
#WATCH | Delhi: Prime Minister Narendra Modi says, "My country’s youth, today is 15th August, and on this very day, we are launching a scheme worth Rs 1 lakh crore for the youth of our country. From today, the Pradhan Mantri Viksit Bharat Rojgar Yojana is being implemented…… pic.twitter.com/KKFTHevUi9
— ANI (@ANI) August 15, 2025
PM Modi also said that two crore women had become ‘lakhpati didis’ in no time, adding that several of them were seated in front of him at the Red Fort.
Highlighting the role of farmers, he said, “Farmers contribute a lot to our economy, they have made India top producer of several commodities,” adding that he is “standing like a wall to protect interests of farmers and fishermen from any unfriendly policies.”
Modi also announced that the government will roll out the next generation of GST reforms by Diwali this year, promising what he called a “bahut bada tohfa” (big gift) for all Indians. The reforms, he said, will focus on rationalising tax slabs and reducing GST rates on essential and everyday-use items, aiming to provide direct relief to households and boost consumption. “By this Diwali, you will see a new, simplified GST structure that makes life easier for the common man and strengthens our economy,” Modi said, noting that the changes will also enhance compliance and transparency.
#WATCH | Delhi: Prime Minister Narendra Modi says, "This Diwali, I am going to make it a double Diwali for you… Over the past eight years, we have undertaken a major reform in GST… We are bringing next-generation GST reforms. This will reduce the tax burden across the… pic.twitter.com/2hAPP0CFtH
— ANI (@ANI) August 15, 2025
Also Read: Independence Day 2025: ‘Pakistan Has Lost Its Sleep After Operation Sindoor’ – PM Modi’s Top Quotes
