The PM Internship Scheme 2024 has officially opened for registration today, October 12, 2024. This initiative, launched by the Ministry of Corporate Affairs (MCA), aims to provide valuable internship opportunities to young individuals across India, allowing them to gain real-world experience in various sectors. The registration portal will be accessible from 5 PM today.
What is the PM Internship Scheme?
The PM Internship Scheme is designed to bridge the gap between education and employment by offering internships in top companies for a duration of 12 months. The government aims to provide 1 crore internship opportunities over five years, with an initial target of 1.25 lakh internships for the financial year 2024-25. This scheme is expected to enhance the employability of youth by equipping them with practical skills and exposure to real-life business environments.
How to Apply for the PM Internship Scheme
To apply for the PM Internship Scheme, candidates can follow these simple steps:
→ After completing the application, download and save the confirmation page for future reference.
Benefits of the PM Internship Scheme
Participants in this scheme will receive a monthly stipend of up to INR 5,000, paid directly into their bank accounts through a Direct Benefit Transfer (DBT) system. In addition, a one-time grant of INR 6,000 will be provided upon joining an internship. This financial support aims to alleviate some of the economic burdens faced by young interns as they begin their professional journeys.
Who Can Apply?
→ The eligibility criteria for the PM Internship Scheme include:
→ Candidates must be aged between 21 and 24 years.
→ Applicants should currently be unemployed and not engaged in full-time education.
→ Those enrolled in online or distance learning programs are also eligible.
Companies Participating in the Scheme
The scheme has garnered participation from several prominent companies across various sectors. Notable firms include:
→ Adani Group
→ Coca-Cola
→ Deloitte
→ Mahindra Group
→ Wipro
→ Hindustan Unilever
These companies have committed to providing valuable internships that will help shape the careers of young individuals.
Conclusion
The launch of the PM Internship Scheme 2024 marks a significant step towards empowering India’s youth by providing them with essential skills and experience needed in today’s competitive job market. With registration now open, interested candidates are encouraged to apply promptly through the official website. This initiative not only aims to enhance employability but also fosters a culture of learning and growth among young professionals across India.For more updates on this scheme and other educational initiatives, stay connected with India Hood.
