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PM Internship Scheme 2024: Registration Starts Today, Stipend, Top Companies Participated, Check Eligibility, Additional Benefits and Steps to Apply

PM Internship Scheme 2024

PM Internship Scheme 2024

PM Internship Scheme 2024

Background 

Registration for the PM Internship Scheme 2024 is now officially open, according to the Ministry of Corporate Affairs (MCA). Those who are interested in applying can register through the official website at https://pminternship.mca.gov.in starting on today i.e. 12th-Oct-2024 at 5 PM. 
Over the next five years, the scheme intends to offer one crore internships to young people across the nation. The government has set a goal of offering 1.25 lakh internship jobs at top companies for the current fiscal year (2024–25).

In Short

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PM Internship Scheme 2024 | Steps to Apply 

PM Internship Scheme 2024 | Step-2
Note: A printed copy of the notification should be saved for future use. Post Registration Participants will get notifications on opportunities for internships via registered email or phone number .

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PM Internship Scheme 2024 | Eligibility Criteria

PM Internship Scheme 2024 | Step-3

PM Internship Scheme 2024 | Monthly Stipend

PM Internship Scheme 2024 | Step -4
The PM Internship Scheme 2024 will provide participants a stipend of Rs. 4,500 per month, which will be credited into their bank accounts via direct benefit transfer (DBT).
The total monthly stipend would be Rs. 5,000 as participating firms will also donate Rs. 500 from their corporate social responsibility (CSR) funding each intern.

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PM Internship Scheme 2024 | Top Companies Participating

PM Internship Scheme 2024 | Step -5
The PM Internship Scheme is being engaged with by 500 premier companies. Among the key companies are:

 

PM Internship Scheme 2024 | Important Points to be considered

PM Internship Scheme 2024 | Step -6
The PM Internship Scheme, that was announced by Finance Minister Nirmala Sitharaman in the Union Budget, aims to give young people a year of practical experience in related to work environments. The government has set out Rs. 800 crore for the scheme’s initial phase. The results of the pilot phase will decide the extent to which the project is expanded.

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PM Internship Scheme 2024 | Benefits

In order to offer financial stability during the course of their internship, each intern will also be protected by insurance schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.

PM Internship Scheme 2024 | Selection Procedure

Candidates selection will be based on preferences, partner company requirements, and emphasis on diversity, social inclusivity, and opportunities for all backgrounds.

PM Internship Scheme 2024 | Interns Recognition

Ministry of Corporate Affairs (MCA) recognizes exceptional interns and companies through transparent process, motivating interns to excel during their tenure.

Previous announcement in Budget 2024:  Budget 2024: What items got cheaper or costlier?, Impact on Item Price?

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