The Ministry of Corporate Affairs has extended the registration deadline for the PM internship programme. As per the ministry the new deadline to apply for the internship will be November 15. The opportunity is open to youth across India, providing a chance to train with the top Indian companies.
The official website stated, “The application window has been extended until 15th November. Take advantage of this opportunity to shape your future! We encourage you to regularly monitor the portal, email, and phone for updates. Please note, there are no registration or application fees.”
Applicants can register online through www.pminternship.mca.gov.in , developed by the ministry.
Over one and half lakh candidates are learnt to have already applied for the Prime Minister Internship Scheme within days of its launch. The scheme launched for the benefit of youth has over 80,000 internship opportunities covering 24 sectors.
The Prime Minister’s Internship Scheme is an initiative aimed at providing internship opportunities to youth in top 500 companies of the country. The programme offers youth exposure to real-life business environments across sectors, helping them gain valuable skills and work experience. The scheme aims to offer one crore internships to youth over the next five years.
The scheme, which was announced by Union Finance Minister Nirmala Sitharaman in the Union Budget 2024, aims to cover 737 districts across 36 states and union territories over the next few months.
After joining the internship, each intern will receive a monthly assistance of Rs 5,000 for the entire duration of the 12-month internship. Of this amount the partner companies will release Rs 500 each month based on the intern’s attendance and related company policies regarding good conduct.
The government will pay Rs 4,500 to the candidate through the Direct Benefit Transfer to the intern’s Aadhaar seeded bank account. Additionally, a one-time grant of Rs 6,000 will be provided by the Central government to each intern after joining the internship.
Moreover, insurance coverage shall be provided to each individual intern under insurance schemes, for which premium amount shall be provided by the central government.
Till now 193 companies, in varied sectors like oil, gas, travel, hospitality, banking and financial services have offered to absorb interns under the scheme. Some important companies on board are Muthoot, Jubilant, Maruti Suzuki, Eicher, Larsen and Toubro, ITC and REC among others. Internships under the scheme are scheduled to begin on December 2, 2024. As per the scheme’s pilot project, it is estimated to cost around Rs 800 crore.
