PM Internship Scheme Archives

Over 90,000 Internships Offered Under PM Internship Scheme: Registration Opens October 12 More than 90,800 internship opportunities have been posted by 193 companies on the Prime Minister Internship Scheme portal. This comes just days before the official registration starts on October 12, 2024. The internships provide young people with a chance to gain practical work experience in some of India’s largest companies. The PM Internship Scheme portal, which opened for companies on October 3, 2024, has seen significant participation from leading firms. Some of the most notable companies offering internships include Jubilant Foodworks, Maruti Suzuki India, Eicher Motors, Larsen & Toubro Ltd., Muthoot Finance, and Reliance Industries. These companies are offering a wide range of internships across various sectors, providing young talent with the opportunity to work in real business environments. What is the Prime Minister Internship Scheme? The Prime Minister Internship Scheme is an ambitious government initiative aimed at offering internships to India’s youth in top-tier companies. The scheme's main goal is to help young people acquire hands-on experience in real-world settings, gain practical skills, and boost their employability. Over the next five years, the program intends to provide one crore internships to eligible youth across the country. By offering work opportunities in India’s top 500 enterprises, the government hopes to bridge the gap between academic learning and practical business knowledge. Eligibility for PM Internship Scheme 2024 To apply for the PM Internship Scheme, candidates must meet certain eligibility criteria. These include: Age: Applicants must be between 21 and 24 years old. Citizenship: Candidates must be permanent residents of India. Educational Qualification: Applicants must have one of the following: Certificate from an Industrial Training Institute (ITI) Diploma from a Polytechnic Institute Bachelor’s degree in fields such as Arts (BA), Science (B.Sc.), Commerce (B.Com.), Business Administration (BBA), Pharmacy (B.Pharma), or equivalent. Candidates must also have completed their Secondary School Certificate (SSC) and Higher Secondary Certificate (HSC) or equivalent qualifications. Additionally, candidates who are currently enrolled in online or distance learning programs may apply. However, full-time employees and students are ineligible to participate in the scheme. Documents Required for Application To apply, candidates need to provide the following documents: Aadhaar card Educational certificates (completion or final exam certificates) Recent passport-sized photograph (optional) Self-declaration (for other requirements; no additional documentation needed) Who is Ineligible for the PM Internship Scheme? Certain individuals are not eligible for the PM Internship Scheme. This includes: Anyone below 21 or above 24 years of age at the time of application. Full-time employees or students. Graduates from institutions like National Law Universities, IISER, NID, IIIT, or IIT. Applicants with advanced degrees, such as MBA, Ph.D., or professional certifications like CA, CMA, CS, MBBS, BDS. Those already participating in government-funded skill development, apprenticeship, or training programs. Individuals who have completed apprenticeships under NAPS or NATS. Applicants whose family income exceeds ₹8 lakh for the fiscal year 2023-2024. Individuals or immediate family members who are permanent or regular employees of the central, state, or local government, public sector undertakings (PSUs), or other government bodies. Company Criteria for Offering Internships The Ministry has identified India’s top 500 companies based on their Corporate Social Responsibility (CSR) spending over the last three years. These companies are allowed to offer internships under the scheme. However, companies not included in this list can still offer internships, but they must first receive approval from the Ministry of Corporate Affairs. This ensures that all internships offered through the scheme meet the required standards. Benefits of the PM Internship Scheme Interns participating in the Prime Minister Internship Scheme will receive several benefits: Stipend: Interns will be paid ₹5,000 per month for up to 12 months. One-time Grant: Each intern will receive a one-time grant of ₹6,000 for incidental expenses. This amount will be directly transferred to the intern’s bank account when they begin their internship. Training Costs: Companies will cover the training expenses of interns through their CSR funds, as per current regulations. CSR Allocation: Up to 5% of CSR expenditure can be booked as administrative costs by companies, following CSR policy rules. Insurance: All interns will receive insurance coverage under the government’s insurance schemes. How to Register for the PM Internship Scheme To register for the PM Internship Scheme, follow these steps: Visit the official PM Internship Scheme website. Complete the profile section by providing personal details such as name, age, and education. Generate your CV through the portal and select your preferred internship opportunities from the list. Follow the instructions to complete your registration and submit your application. Grievance Redressal If you encounter any issues during the application process or have any questions, you can reach out to the scheme’s grievance redressal system: Visit the official PM Internship Scheme website for contact details. Use the helpline number 1800 11 6090 for assistance. You can also send your queries via email to pminternshipmca.gov.in. FAQs What is the PM Internship Scheme?The PM Internship Scheme is a government program that provides internships to young people in India’s top companies. It helps them gain practical work experience and develop professional skills. What are the benefits of the scheme?Interns will receive ₹5,000 per month as a stipend, along with a one-time grant of ₹6,000 for incidental expenses. They will also be insured under government schemes. Who is eligible to apply?Applicants must be Indian citizens, aged 21-24, and have relevant educational qualifications such as an ITI certificate, a polytechnic diploma, or a bachelor’s degree. How do I apply?You can apply online through the official PM Internship Scheme website by completing your profile, submitting your CV, and selecting your preferred internships. The PM Internship Scheme is a unique opportunity for young Indians to gain experience, enhance their skills, and kickstart their professional careers in top industries across the nation. for more updates follow ANN MEDIA on facebook , X , Instagram and Linkedin