The PM Internship Scheme was announced by Union Finance Minister Nirmala Sitharaman on July 23. The registration process under this Scheme has been started from 12 October 2024. A one-year PM Internship Scheme program has start for the youth between the ages of 21 and 24.
PM Internship Scheme: Key Highlights
| Information | Details |
| Objective | Internship opportunities to the Indian youth unemployment. |
| Target | To provide Internships to 1 crore youth in the next 5 years. |
| Monthly Stipend | ₹5,000/month (₹500 from the company and ₹4,500 from the government) |
| Duration | 12 months |
| Eligibility | Higher Secondary (12th), ITI Certificate, Polytechnic Diploma, or Bachelor’s Degree (BA, BSc, B.Com, BCA, BBA, B.Pharma) |
| Age Limit | 21-24 years (as on the last date of application) |
| Application Start Date | 12-Oct-24 |
| Official Website | pminternship.mca.gov.in |
| Other Benefits | ₹6,000 one-time assistance for incidental expenses, insurance coverage under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana (premium borne by the government) |
| Company Participating | Based on CSR spending in the last 3 years |
PM Internship Scheme Date
This program has started on October 3, and candidates can apply for the vacancies directly through the official internship portal. Candidates can begin submitting their applications on October 12.
PM Internship Scheme Object
The PM Internship program aims to provide opportunities for young graduates to gain experience in a variety of practical sectors.
PM Internship Scheme Eligibility Criteria
- Interested Candidates for this scheme must be between the ages of 21 and 24 and not be employed full-time in any type of company.
- A backend bot will be used to shortlist applicants for the internship program.
- The participating companies choose the candidates based on their requirements and the individual’s performance.
- The goal of this strategy is to provide an impartial and open selection procedure.
PM Internship Yojana Stipend
According to the information provided by online, intern candidates will receive a monthly stipend of Rs 4,500 through online transfer for the entire 12-month internship. Each intern candidate will receive Rs. 500 from the company’s CSR funding.
How to Apply for PM Internship Scheme?
Candidates can follow the steps given below to apply for the PM Internship Scheme:
- You have to visit the official website for PM Internship registration at pminternship.mca.gov.in.
- On the homepage of the portal, find the “Register” option. Click on it to open a new page.
- Now you have to need enter all the required information mentioned on the form, complete the registration details.
- Click on the submit button.
Benefits of the PM Internship Scheme
- This scheme has been launched for the youth. The young candidates will greatly benefit from this new scheme.
- This program will offers valuable work experience by allowing participants to spend minimum six months in an internship.
- This program aimed to give training over one crore young people in India with the necessary skills over the next five years.
- PM Internship program helps improve country’s employment prospects, especially for youth who lack access to specialized training or higher education.
What is the PM internship scheme in 2024?
The Indian government aims to provide internships for 1 crore young candidates, in the age group of 21 to 24 years, over a period of 5 years.
Who is eligible for internship scheme budget 2024?
Candidates aged 21–24 years, with Indian nationality, can apply for the program.
