PM Modi launches Rs 1 lakh crore Viksit Bharat Rozgaar Yojna, aims to create millions of jobs

PM Modi Independence Day Address:  

Prime Minister Narendra Modi, in his Independence Day address from the Red Fort on Friday, announced a new employment-focused scheme worth Rs 1 lakh crore, aimed at boosting job creation and supporting India’s economic growth.

Named the Pradhan Mantri Viksit Bharat Rozgaar Yojna, the scheme will focus on creating jobs across sectors with high potential for growth, while also supporting skill-building and entrepreneurship.

“The Viksit Bharat Rozgaar Yojna will help generate employment across industries and strengthen India’s workforce,” Modi said, addressing the nation on the 79th Independence Day.

Viksit Bharat Rozgaar Yojna: More Jobs, Better Skills

The scheme is expected to have a broad reach — targeting both urban and rural employment needs. Officials say it will align with industries like infrastructure, green energy, manufacturing, and digital services, with funding tied to measurable outcomes.

What makes this scheme different, according to government sources, is its focus on long-term employment — not just short-term relief. The aim is to bridge the gap between training and actual jobs, particularly for young people entering the workforce for the first time.

Why It Matters Now

The announcement comes at a time when India’s economy is growing, but concerns remain around the quality and scale of job creation, especially in rural areas and among youth.

A programme of this size could help address some of those gaps — provided implementation keeps pace. The government is also hoping that linking jobs with entrepreneurship will encourage more young Indians to launch small businesses or join high-growth sectors.

What’s Next

Details on how the scheme will be rolled out are expected soon. Officials say it will likely involve partnerships with state governments, private sector players, and skilling institutions. The fund may also support incentives for companies that hire in priority sectors or invest in worker training.

For the Modi government, the scheme is also a signal — that economic development and employment will remain top priorities as the country moves toward its goal of becoming a developed nation by 2047.