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
Programme to last for 12 months, with at least half of it focusing on hands-on work experience
The Institute of Chartered Accountants of India (ICAI) has expressed its interest to the government to be part of the Prime Minister's Internship Scheme whereby youth can be offered opportunities in various areas of accounting and finance. The scheme, being implemented by the corporate affairs ministry, was launched on October 3, 2024 and aims to provide internship opportunities to 1.25 lakh youth in the current financial year. An ICAI official on Thursday said the institute has written to the ministry seeking to be part of the scheme. After getting the ministry's in-principle approval, the ICAI Central Council will discuss on the modalities related to participating in the scheme, the official said and added that the aim is to provide internship opportunities for the youth at chartered accountant firms in the areas of accounting and finance. The scheme, announced in the 2024-25 Budget, aims to provide internship opportunities to 1 crore youth in top 500 companies in 5 ...
PM Internship Scheme 2025: As per the Ministry, each intern will get a monthly stipend of ₹5,000, and a one-time financial assistance of ₹6,000. The last date to apply is March 12
In Round 2, each person can apply for up to three internships before the deadline. Each intern will receive monthly financial assistance of Rs 5,000, along with a one-time financial aid of Rs 6,000
Currently, the top 500 companies with the highest average corporate social responsibility (CSR) expenditure over the last three years are part of the scheme
The MCA will seek Cabinet approval for the full-fledged rollout of the scheme after incorporating lessons from the pilot phase
As part of the Viksit Bharat initiative, announced in the July 2024 budget, the government launched a comprehensive internship scheme aimed at providing opportunities to 1 crore youth over five years
Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme
The B-School is spread over a 3.5-acre area adjacent to the MCC campus in Tambaram
Flag concerns around finding interns with the right skillset
The scheme had set a target of providing 125,000 opportunities by the end of March 2025
The selection procedure, including interviews and group discussions, for the full-time internship scheme has already started, he said
Move may be aimed at attracting more applicants
The pilot project of the PM Internship Scheme received over 650,000 applications for 127,000 opportunities offered by 280 Indian companies participating in the scheme
The government aims to skill 10 million youths in India's top companies in five years through the internship scheme
12-month programme trains young Indians for the job market and provides a monthly stipend