PM Internship Scheme: Click to Check Eligibility And Apply Now

Applications for the Prime Minister Internship Scheme will close tomorrow, 10th November 2024. The scheme offers 80,000 internship positions across 24 sectors, with leading companies such as Mahindra & Mahindra, L&T, Tata Group, and Jubilant FoodWorks participating. This ambitious initiative, accessible through the online portal pminternship.mca.gov.in, aims to transform India’s workforce by providing internships to 1 crore young individuals over the next five years. The program is designed to equip young Indians with vital work experience, bridging the gap between formal education and the practical demands of the modern workplace.

PM Internship Scheme: Internships for a Brighter Future

At the heart of the Prime Minister Internship Scheme is the government’s commitment to offering internships to students who have completed their education, giving them the opportunity to gain real-world professional experience.

The scheme is open to young Indians aged 21 to 24 years. Successful applicants will have the chance to intern with India’s top 500 companies, spanning industries such as technology, manufacturing, finance, and more. The programme will be rolled out in two phases, aiming to benefit 10 million youth within the first five years.

PM Internship Scheme: Financial Support for Interns

A significant feature of the scheme is the financial support provided to interns. Each intern will receive a monthly stipend of ₹4,500, which will be transferred directly into their bank accounts through the Direct Benefit Transfer (DBT) system. In addition, companies hosting interns are required to contribute an extra ₹500 from their Corporate Social Responsibility (CSR) funds.

Moreover, the scheme includes a one-time financial assistance of ₹6,000, intended to help interns cover initial expenses such as relocation or accommodation. This financial aid ensures that participants can fully focus on acquiring new skills and contributing meaningfully to their host companies without being distracted by financial concerns.

PM Internship Scheme: Eligibility and Application Process

The scheme is primarily targeted at young people from economically disadvantaged backgrounds. Candidates must be aged 21 to 24 and have completed at least Class 10. Those from families with government employees or who are income tax assessees are not eligible. Furthermore, graduates from prestigious institutions like IITs, IIMs, and IISER, as well as individuals holding professional qualifications such as CA or CMA, are excluded.

Applications will be processed through a dedicated online portal, which will go live on 12 October 2024. Through this platform, candidates can browse available internship positions, apply, and track the status of their applications in a transparent manner.

PM Internship Scheme: A Strategic Investment in India’s Youth

The launch of the Prime Minister Internship Scheme marks a turning point in India’s employment and skills development agenda. By offering structured internships, the government is investing in the future workforce of the country. The scheme also aims to support Micro, Small, and Medium Enterprises (MSMEs) by providing them with access to a pool of talented and eager young professionals.

PM Internship Scheme: A Phased Rollout for Maximum Impact

The internship scheme will be implemented in two phases. In the first phase, which starts this year, 5 million young people will be placed in internships over a period of three years. The second phase will focus on training another 5 million youth over the following two years. Each internship will last for six months, during which participants will receive comprehensive training and mentorship from their host companies.

PM Internship Scheme: Skilling for India’s Future

The Prime Minister Internship Scheme is a cornerstone of India’s efforts to tackle youth unemployment. By providing young people with hands-on experience in real-world business environments, the programme ensures that they are not only employable but are also well-prepared to meet the growing demands of India’s rapidly expanding industries.

This initiative is part of a broader vision to position India as a global talent hub. The government’s commitment to creating a skilled and employable workforce aligns with its larger goal of building an Atmanirbhar Bharat—a self-reliant India. As young Indians embark on their professional journeys, this programme will play a key role in shaping the nation’s future.

Key Information of Prime Minister Internship Scheme

• Launch Date: 3 October 2024
• Objective: To provide internships for 1 crore youth over five years, with placements in India’s top 500 companies.
• Eligibility: Candidates aged 21-24; must have completed Class 10 or higher; families without government employees or income tax assessees.
• Exclusions: Graduates from elite institutions (IIT, IIM, etc.) and those holding CA/CMA qualifications.
• Stipend: ₹4,500 from the central government, plus ₹500 from the host companies.
• Application Portal: Opens on 12 October 2024.
• Clsoing Date: 10th November 2024

This bold initiative signals a new era for India’s youth, equipping them with the skills and opportunities they need to thrive in an increasingly competitive and globalised market. Through this programme, the Government of India is laying the groundwork for a skilled, self-sufficient workforce that will propel the nation to new heights.

PM Internship Portal Now Live: ₹800 Crore Initiative Targets 1 Crore Interns

The Prime Minister Internship Scheme has officially opened for registrations at the online portal pminternship.mca.gov.in and will remain accessible until October 25. So far, 193 companies have offered around 91,000 internships, with the government targeting 1.25 lakh opportunities for the 2024-25 fiscal year. This ambitious initiative, backed by an 800-crore rupee budget, aims to engage one crore interns aged 21 to 24 over the next five years. Participants will receive a monthly stipend of ₹5,000 and a one-time grant of ₹6,000. With internships spread across 737 districts and 24 sectors—ranging from energy to finance—the scheme promises nationwide engagement. Top companies have been selected based on their Corporate Social Responsibility (CSR) expenditure, but other firms can also join with the Ministry of Corporate Affairs' approval.

Click Here To Register on PM Intership Portal