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Prime Minister to participate in the Virtual Vesak Global Celebrations on Buddha Purnima, 7th May 2020

Published By : Admin | May 6, 2020 | 20:52 IST

Prime Minister Shri Narendra Modi shall be participating in the Buddha Purnima celebrations tomorrow, 7th May 2020.

Ministry of Culture, Government of India in collaboration with the International Buddhist Confederation (IBC), a global Buddhist umbrella organization is holding a Virtual Prayer Event with the participation of all the supreme heads of the Buddhist Sanghas from around the world.

Prime Minister Shri Narendra Modi shall be delivering the keynote address in the morning.

Buddha Purnima celebrations are being held through a Virtual Visak day owing to the impact of the COVID-19 Pandemic across the globe.

The event is being organised in honour of the Victims and the frontline warriors of COVID-19.

Prayer ceremonies on the occasion will be streamed live from the Sacred Garden Lumbini, Nepal,Mahabodhi Temple, Bodhgaya, India,Mulgandha Kuti Vihara, Sarnath, India, Parinirvana Stupa, Kushinagar, India, Pirith Chanting from Ruwanweli Maha Seya in the sacred and historic Anuradhapura stupa premises, Sri Lanka,  Boudhanath, Swayambhu, Namo Stupa, Nepal apart from other popular Buddhist sites

Minister of Culture Shri Prahlad Singh Patel and Minister of State for Minority Affairs and Youth Affairs & Sports Shri Kiren Rijiju shall also be participating in the event.

Vesak- Buddha Poornima, is considered the Triple Blessed Day as Tathagata Gautam Buddha's Birth, Enlightenment and Maha Parnirvana.

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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.