Prime Minister Internship Scheme 2024-25: A Pathway to Skill Development and Financial Aid
The Prime Minister Internship Scheme, launched by Prime Minister Narendra Modi on October 3, 2024, and rolled out by the Ministry of Corporate Affairs on October 12, 2024, is a groundbreaking initiative aimed at providing valuable work experience to unemployed youth across India. Within just a day of its launch, over 1.55 lakh candidates registered on the official portal, surpassing the initial target of 1.25 lakh. This scheme is part of the government’s ambitious plan to generate 1 crore internships over the next five years, offering financial support and skill-building opportunities across major industries, significantly boosting employability.
Internship Opportunities Across Leading Companies on Prime Minister Internship Scheme
The Prime Minister Internship Scheme opens doors for young professionals to work with some of the country’s top companies, gaining practical experience across various industries. Internships are available in well-known firms such as:
- ITC
- Reliance
- Tata Group
- Infosys
- Wipro
- Mahindra
- Maruti Suzuki
- Hindustan Unilever
- ICICI Bank
- HDFC Bank
These opportunities will help interns learn from industry leaders, building a foundation for future employment.
Key Features of the Prime Minister Internship Scheme 2024-25
The Prime Minister Internship Scheme offers comprehensive benefits to its participants, focusing on both skill-building and financial aid. Here are the key features:
| Feature | Details |
|---|---|
| Project Name | PM Internship Scheme |
| Target Beneficiaries | Youth with 10th, 12th pass or degrees like ITI, Polytechnic, BA, BCom, etc. |
| Internship Availability | More than 1 lakh internships for 2024-25 |
| Duration | 1 year (12 months) |
| Stipend | ₹5,000 per month (₹4,500 from government + ₹500 from company CSR funds) |
| Additional Benefits | One-time ₹6,000 payment + Insurance under PM Jeevan Jyoti Bima Yojana & PM Suraksha Bima Yojana |
| Eligibility Age | 21 to 24 years |
Financial Support and Benefits of Prime Minister Internship Scheme 2024-25
Apart from valuable work experience, interns will receive financial support through this program. The ₹5,000 monthly stipend is divided as follows:
- ₹4,500 from the government
- ₹500 from the company’s CSR funds
Additionally, each intern will receive a one-time ₹6,000 payment. The scheme also provides insurance coverage under PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana, ensuring participants are financially secure during the internship.
Who Can Apply on Prime Minister Internship Scheme 2024-25?
The PM Internship Scheme is designed to be accessible to a wide range of students and job seekers. Here’s who is eligible:
- Educational Qualification: Candidates must have completed 10th or 12th grade, or hold qualifications such as ITI, Polytechnic diplomas, or degrees like BA, BCom, BPharm, etc.
- Age Limit: Applicants must be between 21 and 24 years.
- Non-Eligibility: Postgraduates and students from prestigious institutions such as IIT, NIT, IIM, as well as graduates in MBA, CS, CA, and MBBS fields, are not eligible to apply.
How to Apply?
Candidates can easily register through the portal pminternship.mca.gov.in by using Aadhaar-linked tools, ensuring quick and secure access to internships. With opportunities across industries such as automotive, hospitality, and energy, the scheme aims to help youth transition smoothly into the workforce.
Also Read : Empowering Specially-Abled Students: AICTE’s Saksham Scholarship Scheme
Also Read :How to Apply Pradhan Mantri Uchchatar Shiksha Protsahan Yojana (PM-USP) 2024
Also read :Ministry of Rural Development Internship Programme- PRATIBHA
Conclusion:
This initiative, first introduced in the Union Budget 2024 by Finance Minister Nirmala Sitharaman, marks a significant step toward tackling youth unemployment. Offering real-world experience, skill development, and financial aid, the PM Internship Scheme is set to empower young job seekers across the country.
If you are looking to build a career, don’t miss this chance! Apply today on the official portal and secure your place in this game-changing program.
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