This comes as MCA is placing first batch of interns as it races for full roll out
The launch of the full fledged scheme would be based on the feedback received from the stakeholder consultations and evaluation of outcomes during the implementation of the Pilot Project
Round two of the Prime Minister Internship Scheme saw 30 per cent of offers accepted versus 34 per cent in the first, with Andhra Pradesh topping state-wise applications
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
A look at the varied experiences of Prime Minister's Internship Scheme - what's working, what's not, and what it's teaching India's youth
The panel also sought fast-track IBC tribunals, SME engagement in internships, and robust job-tracking under the PMIS to improve impact and budget efficiency
Over 4.5 lakh applications received for 1.18 lakh internship opportunities in the PM Internship Scheme's second pilot phase; low joining rate noted in first round
In Round 1,68.82 per cent of all offers went to the top 10 states, with Uttar Pradesh alone getting 14 per cent. In Round 2, this concentration rose to 74 per cent
Sitharaman said that India was a country going through a decade or more of demographic dividend
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 .
The age for joining the scheme, according to sources, is also likely to be brought down to accommodate applicants coming from industrial training institutes and polytechnics
First facilitation centre for PM internship scheme launched in Kolkata
The pilot of the scheme was launched on October 3, 2024. The MCA will have to get the Cabinet's approval for the launch of the full scheme
Each intern will receive insurance coverage under Pradhan Mantri Jeevan Jyoti Bima Yojana and the Pradhan Mantri Suraksha Bima Yojana
Internship opportunities in the country have doubled over the past three years as organisations are trying to equip young professionals with industry-ready skills, a report has said. Internships are taking centre stage as companies gear up to equip young talent with real-world skills, said a report by global job site Indeed. According to data from Indeed, India witnessed a 103 per cent increase in internship postings over the past three years (February 2022 till February 2025), underscoring how businesses are doubling on internships to bridge the gap between academics and industry expectations. The report by Indeed is based on an analysis of data on its platform from February 2022 to February 2025. It further revealed that as industries evolve-especially with the rise of AI, data analytics, and digital transformation, companies are using internships not only to offer hands-on experience but also to spot and groom top talent early on. Delhi, Karnataka, and Maharashtra lead the pack
The survey is based on responses of 30K+ GenZ professionals and 700 HR leaders
Maximum interns who have joined the scheme are from Uttar Pradesh (1,234) followed by Assam (994), Bihar (715) and Madhya Pradesh (693)
I appeal to industry that more companies should come forward and participate in the scheme, says FM
Union Minister Nirmala Sitharaman on Monday launched a dedicated mobile application for the Prime Minister Internship Scheme and urged more companies to join the programme. Also, the minister said she has appealed to MPs to encourage youth to join the scheme. The pilot project of the scheme targeted at providing 1.25 lakh internship opportunities to the youth during 2024-25 was launched on October 3, 2024. After launching the app in the national capital on Monday, Sitharaman, who is in charge of the Finance and Corporate Affairs ministries, said the scheme is aimed at getting youth from Tier II and III cities and help them to understand the skills that are required by the industry as well as the job availability. There is a shortage of people in terms of industry expectations and requirements and the scheme is aimed at bridging that gap, the minister said. Regarding the scheme, she emphasised that there is no compulsion on industry and no interference. The scheme is for a nationa
The FM will also launch the first facilitation centre for the Internship Scheme being set up in Kolkata by the Ministry of Corporate Affairs in collaboration with the Confederation of Indian Industry