The Ministry of Corporate Affairs has launched the Prime Minister’s Internship Scheme in a pilot phase for the country’s youth. The scheme aims to provide students with internship opportunities to address youth unemployment. Through this scheme, PM envisions to provide internships to 1 crore young people over the next five years.
As of now, the portal is open for partner companies, not for youth, to register for the internship. Candidates who meet the eligibility requirements of a company can apply online through the official portal — pminternship.mca.gov.in — to benefit from the Prime Minister Internship Scheme.
PM Internship Scheme: Eligibility
Applicants for the internship programme must have completed their higher secondary education or high school, as well as have a certificate from an ITI, a diploma from a Polytechnic Institute, or a degree such as a BA, BSc, BCom, BCA, BBA, or BPharma. Candidates should be between 21 and 24 years old as of the application deadline.
To be eligible, candidates should be Indian and should not work a full-time job or full-time school. Applicants may apply if they are enrolled in online or distance learning courses.
PM Internship Scheme: Offerings
As an assistant, candidates will receive Rs 5,000 per month for the full 12-month internship. From the company’s CSR funding, each intern will get Rs 500 from the company, while the government will contribute Rs 4500.
Applicants will receive a one-time financial support of Rs 6,000 to cover incidental expenses in addition to the monthly stipend. Additionally, via initiatives like PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana, the government will guarantee that interns are insured, with the government paying the premiums.
PM Internship Scheme: How to apply
Step 1: Visit the official website — pminternship.mca.gov.in.
Step 2: On the homepage, scroll down and you will see a register option. Select the link and a new page will open.
Step 3: Fill in the registration details and required documents, and select the submit button.
Based on the details shared by the candidate, a resume will be generated automatically and a student can apply to at least five opportunities based on his or her preferences.
PM Internship Scheme: Which companies are part of the scheme?
Companies that have taken part in the programme have been chosen based on the CSR money they have spent in the last three years. More businesses, banks, and financial institutions may choose to participate in the programme, if the Ministry of Corporate Affairs (MCA) gives its approval. However, participation is entirely voluntary. Companies that are unable to offer internships internally may work with vendors, clients, or other partners in their value chain to generate possibilities.
