Pm Internship Scheme: Centre Sounds Out Industry To Scale Up Scheme

With a position to standard up nan flagship PM Internship Scheme, nan authorities has initiated discussions pinch manufacture stakeholders to talk really to further nan scheme’s reach.

According to sources, nan Ministry of Corporate Affairs is engaging pinch India Inc connected really to standard up nan strategy successful bid to return internships beyond nan existent 100,000 aliases truthful done successful each round.

“The thought is to standard up nan strategy for intake of astir 15 lakh (150,000) candidates aliases so. There should beryllium capable liking from younker arsenic good arsenic opportunities disposable pinch firms to do so,” noted a personification acquainted pinch nan development.

The PM Internship Scheme was announced arsenic portion of nan 5 employment linked schemes successful nan Union Budget 2024-25 to supply general assemblage jobs to India’s immense younker workforce. In total, it intends to spot 10 cardinal candidates complete a five-year play successful apical 500 companies.

The database of nan apical 500 companies is based connected their mean Corporate Social Responsibility (CSR) expenditure successful nan past 3 years and information is voluntary. The authorities will salary them Rs 4,500 monthly stipend and nan institution will salary different Rs 500 per period to each candidate.

The Centre has been launching nan strategy successful aviator phases to understand really it useful and reappraisal it to meet nan needs of employers arsenic good arsenic applicants.

At present, nan 3rd information of registration nether nan strategy is underway pinch nan deadline for applications until coming (April 22). Over 1 lakh internship opportunities are disposable astatine apical India Inc firms successful this round.

The ministry of firm affairs has been regularly looking into nan various issues raised arsenic portion of nan monitoring of nan aviator rounds. Finance curate Nirmala Sitharaman had successful March besides launched a mobile app for candidates pinch features specified arsenic includes features specified arsenic easy registration done Aadhaar look authentication, personalised dashboard, entree to a dedicated support squad arsenic good arsenic existent clip alerts to support candidates abreast of caller updates. She had besides urged much companies to return portion successful nan scheme.

As portion of stakeholder consultation, sources had said that nan authorities had received recommendations for widening nan ambit of nan strategy to see companies beyond nan apical 500 companies based connected their mean CSR spends successful nan past 3 years. Further, respective candidates had indicated their penchant to enactment successful aliases adjacent their hometowns alternatively than moving distant arsenic it leads to higher costs.

Published on: Apr 22, 2025 2:10 PM IST