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The government on Monday said location considerations and duration of internships are among the reasons for applicants not accepting offers made under the pilot project of the PM Internship Scheme (PMIS). The scheme, announced in the 2024-25 Budget, aims to provide internship opportunities to 1 crore youth in top 500 companies in 5 years and is being implemented by the corporate affairs ministry. The pilot project of PMIS that commenced on October 3, 2024, targets to provide 1.25 lakh internship opportunities to the youth in 1 year and in the first round, 280 partner companies posted more than 1.27 lakh internship opportunities. "Against this, more than 6.21 lakh applications were received from about 1.81 lakh candidates. Partner companies made over 82,000 internship offers and more than 28,000 candidates accepted offers to join the internship. Over 8,700 candidates joined their internship in the round I," Minister of State for Corporate Affairs Harsh Malhotra told the Lok Sabha on
The Bihar government on Tuesday launched the 'Mukhya Mantri Pratigya' scheme to provide financial support to youths for carrying out internship programmes after clearing their class 12 board examination. The decision to launch the paid internship program, which aims to address youth unemployment and enhance industry readiness among students, was taken at a Cabinet meeting chaired by Chief Minister Nitish Kumar on Tuesday. "The Cabinet approved the 'Mukhya Mantri Pratigya' scheme on Tuesday. Under the scheme, youths aged between 18 and 28, having either trained under skill development programme or those who have passed Class 12 Industrial Training Institutes (ITI) diploma, graduate and post-graduate will get financial support for availing internship training," Additional Chief Secretary (Cabinet Secretariat) S Siddhartha said. The youths during their internship programme will be given financial support for a period ranging from three months to 12 months. Those who have cleared the .