Prime Minister Shri Narendra Modi held bilateral talks with Prime Minister of Lao PDR H.E. Mr. Sonexay Siphandone in Vientiane today. He congratulated Lao PM on successfully hosting the 21st ASEAN-India and 19th East Asia Summits.

The two Prime Ministers held productive talks on further strengthening India-Laos civilizational and contemporary ties. They discussed various areas of bilateral cooperation such as development partnership, capacity building, disaster management, renewable energy, heritage restoration, economic ties, defence collaboration, and people-to-people ties. Prime Minister Siphandone thanked Prime Minister for India’s flood relief assistance provided to Lao PDR in the aftermath of Typhoon Yagi. The two leaders noted that the ongoing restoration and conservation of Vat Phou, a UNESCO World Heritage Site, under Indian assistance by the Archaeological Survey of India (ASI) imparts a special dimension to bilateral ties.

The two Prime Ministers expressed satisfaction at the close cooperation between the countries in regional and multilateral fora. PM Siphandone reaffirmed India’s role on the international stage. India has strongly supported Lao PDR’s Chairmanship of ASEAN for 2024.

Following the talks, MoUs/ Agreement in the fields of defence, broadcasting, Customs cooperation, and three Quick Impact Projects (QIPs) under the Mekong-Ganga Cooperation were exchanged in the presence of the two leaders. The QIPs relate to preservation of heritage of Lao Ramayan, restoration of Wat Pakea Buddhist temple with murals related to Ramayan, and support to shadow puppetry theatre on Ramayan in Champasak province. All three QIPs have a GoI grant assistance of about USD 50000 each. India will also provide a grant assistance of about USD 1 million to improve nutrition security in Lao PDR. This assistance through the India UN Development Partnership Fund, will be the Fund’s first such project in South-East Asia. The details of the MoUs, agreements, and announcements may be seen here.

Explore More
শ্রী রাম জন্মভূমি মন্দিরের ধ্বজারোহণ উৎসবে প্রধানমন্ত্রীর বক্তব্যের বাংলা অনুবাদ

জনপ্রিয় ভাষণ

শ্রী রাম জন্মভূমি মন্দিরের ধ্বজারোহণ উৎসবে প্রধানমন্ত্রীর বক্তব্যের বাংলা অনুবাদ
Solar power in focus: An Indian formula for African food security

Media Coverage

Solar power in focus: An Indian formula for African food security
NM on the go

Nm on the go

Always be the first to hear from the PM. Get the App Now!
...
PM to disburse incentives worth around ₹2,400 crore under PM-VBRY on 19 June
June 17, 2026
First-Time Employees to Receive Incentive of up to ₹15,000
To encourage sustained job creation, Employers eligible for Incentive of up to ₹3,000 per Month per Additional Employee
PM-VBRY is designed to facilitate Job Creation, Formalisation of Employment and Expansion of Social Security Coverage
Scheme has already Facilitated Employment for 15 Lakh Beneficiaries Across the Country

Prime Minister Shri Narendra Modi will disburse incentives worth around ₹2,400 crore under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) at a special programme to be held on 19 June 2026 at 5 PM at Vigyan Bhawan, New Delhi.

The disbursal marks a significant milestone in the implementation of PM-VBRY, the Government of India’s flagship employment-linked incentive scheme aimed at accelerating job creation, promoting formalisation of employment, enhancing employability, and expanding social security coverage across sectors. The scheme has already supported the creation of 15 lakh employment opportunities across the country.

PM-VBRY is designed to encourage both workers and employers to participate in the formal economy. Under the scheme, first-time employees are eligible for an incentive of up to ₹15,000, providing crucial support as they enter the workforce. Employers generating additional employment are eligible for incentives of up to ₹3,000 per month per additional employee, thereby encouraging sustained job creation. Recognising the strategic importance of manufacturing in driving economic growth, employers in the manufacturing sector are eligible to receive incentives for a period of four years, while employers in all other sectors can avail incentives for two years.

The scheme reflects the Government’s commitment to fostering an enabling ecosystem for employment-led growth and ensuring that the benefits of India’s economic progress translate into quality formal employment opportunities for its youth.

PM-VBRY came into effect on 1 August 2025. With a total outlay of ₹99,446 crore, the scheme aims to incentivise the creation of more than 3.5 crore jobs over a two-year period. Of these, approximately 1.92 crore beneficiaries are expected to be first-time entrants into the workforce. By supporting both employees and employers, the scheme is playing a transformative role in expanding formal employment, strengthening social security coverage, and advancing the vision of a Viksit Bharat.