Prime Minister’s Internship Scheme 2024: This is an opportunity to Empower India’s Youth for India, with its enormous youth population, faces a significant challenge: equipping its young people with the skills needed to thrive in an increasingly dynamic economy. To tackle this pressing issue, the Government of India has launched an ambitious initiative known as the Prime Minister’s Internship Scheme on October 3, 2024. This scheme aims to provide one crore internships to young Indians over the next five years, offering exposure to diverse industries and a variety of professional environments. Managed through a dedicated online portal, this scheme promises to play a crucial role in enhancing the employability of India’s youth and preparing them for the challenges of tomorrow.
Laste Date Extended! The last date to apply for the PM Internship Scheme is 15 November 2024.
No recent posts found.
Overview of PM Internship 2024
| Key Points | Details |
|---|---|
| Scheme Launch Date | October 3, 2024 |
| Total Internships Targeted | 1 crore over five years |
| Internships in Pilot Phase | 1.25 lakh (2024-25) |
| Sectors Covered | 24 sectors including energy, automotive, travel, hospitality, and banking |
| Partner Companies | Top 500 companies (e.g., Reliance, Maruti Suzuki, L&T) |
| Eligibility Age | 18-24 years (Relaxation for OBC/SC/ST) |
| Stipend | ₹5,000 per month |
| One-Time Grant | ₹6,000 |
| Internship Duration | 12 months |
| Insurance Coverage | Jyoti Bima Scheme, Pradhan Mantri Suraksha Bima Yojana |
| Application Dates | October 12, 2024 – October 25, 2024 |
| Internship Start Date | December 2, 2024 |
| Application Portal | pminternship.mca.gov.in |
Introduction to PM Internship Scheme
The Prime Minister’s Internship Scheme was announced as part of the Union Budget 2024-25 and formally launched on October 3, 2024. The scheme’s first phase, conducted as a pilot project during the financial year 2024-25, seeks to offer 1.25 lakh internships in 24 diverse sectors, including energy, automotive, travel, hospitality, and banking. These internships will be provided by top 500 companies in India that have shown consistent dedication to corporate social responsibility (CSR) over the past three years. This pilot phase will set the groundwork for the full rollout of the scheme in the coming years.
This internship program stands apart from traditional skill development or apprenticeship initiatives. Unlike other existing programs, the PM Internship Scheme focuses exclusively on internships, allowing participants to experience real-world work environments while directly applying their classroom knowledge to actual tasks. The initiative aims to nurture the potential of the next generation by providing a gateway into India’s business world, ultimately contributing to the nation’s progress.
Objectives and Vision for PM Internship Yojna
The PM Internship Scheme is aligned with the Skill India Mission, a government initiative to build a skilled workforce capable of meeting the demands of modern industries. The scheme has a clear focus on the following objectives:
No recent posts found.
- Skill Development and Employment: By providing practical work experience, the scheme aims to enhance the employability of India’s youth and create a robust pipeline of job-ready individuals for the country’s burgeoning industries.
- Social and Economic Inclusion: The scheme targets young people, particularly from disadvantaged backgrounds, helping bridge the gap between academic qualifications and industry requirements. By working with responsible and ethical companies, the initiative also seeks to ensure that the internships contribute positively to the personal and professional development of participants.
- Building a Future-Ready Workforce: With a vision to create a workforce that is ready for the challenges of the future, the scheme aims to equip young professionals with the experience, skills, and exposure necessary for success in the global economy.
Key Features of PM Internship Scheme
The Prime Minister’s Internship Scheme aims to facilitate 1 crore internships over the next five years, with a target of 1.25 lakh internships in the 2024-25 pilot phase alone. Here are some of the major highlights of the scheme:
- Launch Date: The scheme was officially launched on October 3, 2024.
- Target Audience: Youth aged 18 to 24 years, with relaxation in the age limit for OBC/SC/ST candidates.
- Partner Companies: Top 500 companies across India, selected based on their CSR spending over the past three years, are participating in the scheme. Some of the companies involved include Reliance Industries, Maruti Suzuki, Larsen & Toubro, Muthoot Finance, Jubilant Foodworks, and many more.
- Duration: The internships offered under the scheme are for 12 months.
- Insurance Coverage: Interns are covered under Jyoti Bima Scheme and Pradhan Mantri Suraksha Bima Yojana, ensuring their safety during the internship.
- Stipend and Financial Support: Interns receive a monthly stipend of ₹5,000, along with a one-time payment of ₹6,000 at the beginning of the internship.
Eligibility Criteria
To apply for the Prime Minister’s Internship Scheme, applicants must meet the following criteria:
- Age Requirement: Applicants must be 18 to 24 years old. Age relaxation of 3 years for OBC and 5 years for SC/ST candidates is applicable.
- Educational Qualifications:
- ITI: Matriculation + ITI in a relevant trade.
- Diploma: Intermediate + AICTE-recognized diploma in a relevant field.
- Degree: Bachelor’s degree from a UGC/AICTE-recognized university (e.g., BA, B.Sc, B.Com, BCA, BBA, B.Pharma).
- Income Criteria: Applicants must come from families with an annual income of less than ₹8 lakh.
- Other Conditions: Full-time employees, students enrolled in full-time programs, graduates from top-tier institutions such as IITs, IIMs, and National Law Universities, as well as those with advanced degrees like MBA or PhD, are not eligible to apply.
Application Process and Key Dates
The application process for the PM Internship Scheme is entirely online, managed through the portal pminternship.mca.gov.in. The steps to apply for the internship are outlined below:
- Registration: The registration process started on October 12, 2024, and will remain open until October 25, 2024. Interested candidates must visit the official website to register their details.
- Application Submission: Once registered, applicants can browse through the available internships and apply for up to five opportunities based on their interests, qualifications, and preferred location.
- Selection Process:
- October 26: The government will forward a shortlist of applications to participating companies.
- October 27 to November 7: Companies will select interns from the shortlist based on their specific needs.
- November 8 to 15: Youths must accept internship offers online. If they do not accept the first offer, they will receive up to two additional offers.
- Internship Start Date: The first batch of internships will officially begin on December 2, 2024.
Important Dates Summary:
| Event | Date |
|---|---|
| Registration Start Date | 12th October 2024 |
| Registration Last Date | 15th November 2024 |
| Internship Start Date | 2nd December 2024 |
PM Internship Resources and Important Links
| PM Internship Scheme Apply Online | Registration | Login |
| PM Internship Scheme User Manual | English | Hindi |
| PM Internship Scheme FAQs | English | Hindi |
| PM Internship Scheme Guidelines | English | Hindi |
| PM Internship Scheme Registration Video | English | Hindi |
| List of Participating Companies | Company | List |
| PM Internship Scheme (PMIS) Official Website | PMIS | PMIS |
Benefits of the PM Internship Scheme
The PM Internship Scheme offers a range of benefits to the interns, ensuring that the experience is valuable both financially and professionally:
- Monthly Stipend: Interns receive a monthly stipend of ₹5,000 to support their living expenses during the internship. This amount includes ₹4,500 provided by the government and ₹500 from the participating companies.
- One-Time Payment: A one-time grant of ₹6,000 is provided to interns upon joining their respective companies.
- Insurance Coverage: All interns are covered under the Jyoti Bima Scheme and Pradhan Mantri Suraksha Bima Yojana, with the premium paid by the government. Partner companies may also provide additional accidental insurance coverage.
- Exposure to Real-World Work Environment: Interns have the opportunity to work with some of the largest companies in India, gaining practical experience that enhances their employability and bridges the gap between academic learning and industry requirements.
- Skill Development: By engaging in various roles within different sectors, interns develop essential skills that improve their chances of securing long-term employment.
Sectors Covered Under the Scheme
The PM Internship Scheme is designed to provide exposure across a diverse range of industries. This wide range of sectors allows interns to explore various career paths and develop skills in their field of interest. The 24 sectors covered by the scheme include:
- Oil, Gas, and Energy
- Automotive
- Travel and Hospitality
- Banking and Financial Services
- Manufacturing
- IT and Software Development
- Telecom
- Healthcare
- Retail and FMCG
- Construction
- Metals and Mining
- Finance and Insurance
The internships are spread across 737 districts in 37 states and union territories, ensuring that youth from every corner of the country can benefit from this initiative.
Selection Process and Merit Criteria
The selection process for the Prime Minister’s Internship Scheme is competitive and is designed to ensure that the best candidates are chosen for each role. The selection criteria are based on merit and company requirements.
The Merit List is prepared by considering the candidate’s educational qualifications and skills. The candidates are then matched with the requirements of the participating companies. In the event of a tie (i.e., candidates with the same scores), preference will be given to candidates who are older, and if the date of birth is also the same, alphabetical order will be considered.
The selection process timeline is as follows:
| Event | Date |
| Shortlist Applications to Companies | 26th October 2024 |
| Company Selections | 27th October – 7th November 2024 |
| Accept Offers | 8th – 15th November 2024 |
Selected candidates will have up to three opportunities to accept an internship offer, giving them flexibility in choosing the best possible opportunity for their career growth.
Partner Companies
The Prime Minister’s Internship Scheme is supported by 500 top companies, which have been selected based on their consistent CSR expenditure over the past three years. This ensures that interns are placed with companies that are committed to social responsibility and ethical business practices.
Some of the notable companies participating in the scheme include:
- Reliance Industries
- Maruti Suzuki
- Larsen & Toubro
- Muthoot Finance
- Jubilant Foodworks
- Mahindra & Mahindra
- Tata Consultancy Services
- HDFC Bank
These companies offer internships in roles like operations management, production, sales, maintenance, and software development, thereby addressing skill gaps in various growing industries across India.
How to Apply for PM Internship Scheme 2024
The application process for the PM Internship Scheme 2024 is straightforward and can be completed entirely online through the portal pminternship.mca.gov.in. Here are the steps to apply:
- Visit the Official Website: Go to pminternship.mca.gov.in.
- Register: Click on the register link and fill in the required details, such as name, email, phone number, and educational qualifications.
- Upload Documents: Upload scanned copies of the required documents, including Aadhaar card, educational certificates, and passport-sized photograph.
- Select Internship Opportunities: Browse through the available internships and apply for up to five positions based on your preferences regarding location, sector, and role.
- Submit the Application: Review the application details and click on submit. Make sure to save a copy of the confirmation page for future reference.
There is no application fee for applying to the scheme, ensuring that candidates from all backgrounds have an equal opportunity to participate.
Grievance Redressal and Support
To ensure smooth implementation and to address any concerns raised by applicants or participants, the scheme offers a grievance redressal process. If you have any questions or require support during the application process, you can contact the helpdesk through the following channels:
- Helpline Number: 1800 11 6090
- Email: pminternship[at]mca.gov.in
The helpdesk is available from 10:00 AM to 5:00 PM on all days, including Sundays and holidays.
Conclusion
The Prime Minister’s Internship Scheme 2024 represents a landmark initiative by the Indian government to bridge the gap between academic learning and industry requirements. By offering real-world work experience across 24 sectors, the scheme not only enhances the employability of India’s youth but also contributes to the growth of key industries by providing them with skilled and enthusiastic interns.
This initiative is a critical step toward realizing the vision of a skilled and empowered India, where the youth are equipped to meet the challenges of a rapidly evolving global economy. By providing practical work experience, financial support, and exposure to diverse industries, the PM Internship Scheme aims to unlock the potential of young Indians and contribute to the nation’s progress.
Aspiring candidates are encouraged to apply online through the official portal, follow the instructions carefully, and make the most of this prestigious opportunity to gain valuable work experience, enhance their skills, and pave the way for a successful career.
For more information or to register, please visit pminternship.mca.gov.in.
You can also check out more opportunities like this from Recruitment Officer.
No recent posts found.
About the Author
