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PM Internship Scheme Registration: The registration process for PM Internship Scheme will start from today, October 12, 2024. As the opening of the portal for applicants approaches, the number of opportunities listed on the Prime Minister Internship Scheme portal has reached 90,849 as of 11th October 2024, as reported by a senior official from the Ministry of Corporate Affairs. The official indicated that internship positions have been made available by 193 companies, including prominent private sector firms such as Jubilant Foodworks, Maruti Suzuki India, Eicher Motors Ltd, Larsen & Toubro Ltd, Muthoot Finance, and Reliance Industries, among others.
The Prime Minister's Internship Scheme in Top Companies (Scheme) was announced in the Budget 2024-25 which aims to provide internship opportunities to one crore youth in the Top 500 companies over 5 years.
This will be implemented through an online portal developed by the Ministry of Corporate Affairs (MCA), accessible at www.pminternship.mca.gov.in. Sources said that this pilot project has received massive responses from the interns and till the morning 1077 offers of Internship were ready by companies like Mahindra & Mahindra, Max Life, and Alembic Pharma.
According to sources website will be open for youths from 12-25 October where they can register themself for internship on the portal. Between 27 October to November 7, they will be selected by the companies, and by 8-15 November companies will be sending offers to interns. According to the sources Rs 800 crores will be spent in FY 2024-25 on 1.25 lakh interns.
Also Read: PM Internship Scheme: Over 13,000 opportunities posted by 200 companies on portal
The first batch of internships will commence on December 2, 2024.
PM Internship: Steps To Register Online
Step 1: Visit the official website (pminternship.mca.gov.in).
Step 2: Go to the "Register" option.
Step 3: Enter the required information and complete the registration details.
Step 4: Click on the submit button.
PM Internship Scheme Highlights
Objective: To address youth unemployment by providing internship opportunities
Target: To provide internships to 1 crore youth in the next 5 years
Monthly Stipend: Rs 5,000 per month (Rs 500 from the company and Rs 4,500 from the government)
Duration: 12 months
Eligibility: Higher Secondary (12th), ITI Certificate, Polytechnic Diploma, or Bachelor's Degree (BA, BSc, B.Com, BCA, BBA, B.Pharma)
Age Limit: 21-24 years (as on the last date of application)
Application Start Date: October 12, 2024
Official Website: pminternship.mca.gov.in
Other Benefits: Rs 6,000 one-time assistance for incidental expenses, insurance coverage under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana (premium borne by the government)
Company Participating: Based on CSR spending in the last 3 years
