New Delhi, . PM Internship Scheme, one of the ambitious schemes of Prime Minister Narendra Modi, has been launched. This year, Finance Minister Nirmala Sitharaman had announced the internship scheme while presenting the Union Budget 202425. In such a situation, let us tell you what is the PM Internship Scheme and how the youth will be able to register through this scheme.
In fact, the internship scheme for youth was announced in the Union Budget 202425. According to this scheme, one crore youth will benefit in a period of five years. Youth will be provided internship in top 500 companies, where they will be provided an internship allowance of Rs 5,000 per month. Selected participants will receive a monthly stipend of Rs 4,500 from the government, while an additional Rs 500 will be given by the companies.
To avail the benefits of Prime Minister Internship Scheme, youth can apply online through the official portal. Candidates have to fulfill certain rules for this scheme.
For example, their age limit should be 21 to 24 years. Apart from this, he does not do a full time job. If a person in the candidate's family is a government employee, he will also not be eligible. Also, people studying from prestigious institutions like IIT, IIM will also not be eligible for this scheme.
Under this scheme, internship opportunities will be provided to 1 crore youth. The internship program will be launched in two phases, aiming to train 1 crore youth over a period of five years.
Registration for the internship will be open from October 12 to October 25, 2024. Selected candidates will be informed about this between October 27 and November 7, 2024 and companies will issue offers between November 8 and November 15.
The first batch of interns is expected to start on December 2, 2024. The internship will last for 12 months. This scheme is estimated to cost Rs 800 crore.
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Image Credit: KhasKhabar.