The Prime Minister Internship Scheme is a great chance for young people to boost their skills and find jobs. This scheme will start on October 3, 2024. It’s a one-year program for youths aged 21-24. With this internship, you can work in India’s top 500 companies.
This scheme is part of the Prime Minister’s Package for Employment and Skilling. It was announced in the Union Budget, and many are excited about it! You will be able to apply through an internship portal, which will also start on the same day.
To be eligible, you shouldn’t have a full-time job. Also, you need to come from families that don’t have government employees. If you have studied in famous colleges like IITs or IIMs, you can’t apply. But don’t worry! Youths from Industrial Training Institutes (ITIs) and skill centers can apply and take part.
PM Internship Scheme 2024 Overview
The PM Internship Yojana is a cool program started by the Finance Minister during a talk about the government budget. This program is managed by the Ministry of Corporate Affairs. The main goal of the PM Internship Yojana is to help young people, like students, learn important skills that they can use in real jobs.
By joining this internship, you can gain practical knowledge and experience. It’s a great chance for everyone to be ready for future jobs. This scheme not only teaches you how to work but also helps you understand what employers are looking for.
The PM Internship Yojana is perfect for young minds who want to grow and shine in their careers.
Summary of the PM Internship Scheme 2024
| Name of the scheme | Prime Minister Internship Scheme |
| Introduced by | Government of India |
| Objective | Provide internship |
| Beneficiaries | Youth of India |
| Total Internships | 1 crore youth in 500 top companies |
| Duration | 12 months |
| Monthly Stipend | ₹4,500 (₹500 from companies’ CSR funds) |
| One-Time Grant | ₹6,000 on joining |
| Insurance Coverage | Under PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana |
| Official website | https://pminternship.mca.gov.in |
Also Read: Digital India Internship Scheme
Eligibility Criteria
Here are the eligibility criteria for the Prime Minister Internship Scheme:
- Candidates must be between 21 and 24 years old.
- Applicants should not be engaged in full-time employment.
- Candidates from families with government employees are excluded.
- Individuals who studied at prestigious institutions like IITs, IIMs, or hold qualifications like CA or CMA are not eligible.
- Youth trained at Industrial Training Institutes (ITIs) and Kaushal Kendras (skill centers) can apply.
Benefits of the PM Internship Yojana
- Vocational Training: Interns will get training that helps them get ready for jobs in the real world.
- Financial Assistance: Interns will receive money each month and a one-time payment, which will help them with their expenses.
- Real Work Experience: Interns will understand how a workplace operates and learn useful skills.
- Networking Opportunities: Interns will meet professionals in their industry, which can help them find jobs in the future.
- 12 months real-life experience in India’s top companies
- Monthly assistance of ₹4500 by Government of India and ₹500 by Industry
- One-time Grant of ₹6000 for incidentals
- Insurance coverage for every intern under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana by Government of India
How to Apply for PM Internship Yojana
Step 1- Go to the website: PMInternship.mca.gov.in
Step 2- Register: Click on the link to register. This will take you to a new page.
Step 3- Fill in Your Details: Enter the information they ask for and click submit.
Step 4- Resume Generation: The website will create a resume for you using the information you provided.
Step 5- Choose Internship Opportunities: You can apply for up to 5 internships based on your choices, like where you want to work and the type of job.
Step 6- Submit Your Application: After picking the internships, send in your application.
Step 7- Download Confirmation: Download the confirmation page to keep a record of your application.
Application Timeline
- Start Date October 12, 2024
- End Date October 25, 2024
Contact Details
- Address: A Wing, 5th Floor, Shastri Bhawan, Dr Rajendra Prasad Rd, New Delhi-110001
- Toll-Free Number: 1800 11 6090
- Email ID: pminternship[at]mca.gov.in
FAQs
Who introduced the Prime Minister Internship Scheme 1 Crore Youth 2024?
The finance minister of India introduced the scheme Prime Minister Internship Scheme 1 Crore Youth 2024.
What is the monthly stipend to be given under the Prime Minister Internship Scheme 1 Crore Youth 2024?
The monthly stipend of INR 5000 will be given under the Prime Minister Internship Scheme 1 Crore Youth 2024.
What is the main objective of launching the Prime Minister Internship Scheme 1 Crore Youth 2024?
The main objective of launching the Prime Minister Internship Scheme is to help the unemployed youth of India by providing them with internships.