PM internship scheme registrations to close on November 10: Steps to apply
The Prime Minister's Internship Scheme (PMIS) was introduced in the Union Budget for 2024. Over the next five years, the programme aims to provide internships to 10 million young individuals. It seeks to offer practical, real-world business experience by matching interns with 12-month placements at India's top 500 companies.
by India Today Education Desk · India TodayIn Short
- PM Internship Scheme registration ends on November 10, 2024
- Enhances employability with practical skills and experience
- Internships offered by top companies in 745 districts
The Prime Minister Internship Scheme (PMIS) registration process will end on November 10, 2024 on the official website. Applicants who have still not applied for the same can check and apply for the internship on the official website, i.e., pminternship.mca.gov.inbefore any delays. As per the information,this 12-month programme aims to equip young people with practical skills to enhance their employability in the job market.
ABOUT THE PM INTERNSHIP SCHEME
The scheme was first announced by Finance Minister Nirmala Sitharaman during her Budget speech on July 23 and launched on October 3. PMIS is designed to be rolled out in two phases, with the goal of training 10 million young people over the next five years. The internship spans 12 months, with at least 50 percent of the programme dedicated to hands-on work experience.
Under the Prime Minister Internship Scheme (PMIS), interns will receive a monthly stipend of Rs 5,000 for the entire 12-month programme.
This stipend is funded through Corporate Social Responsibility (CSR) contributions from participating companies, with Rs 500 provided by the company and Rs 4,500 contributed by the government.
Additionally, interns will be given a one-time grant of Rs 6,000 to cover incidental expenses during the course of the internship.
Several prominent companies are offering internships under the PMIS, including Larsen & Toubro, Mahindra & Mahindra, Bajaj Finance, Tech Mahindra, Alembic Pharmaceuticals, Max Life Insurance, and Eicher Motors, amongst others.
Internships are distributed across 745 districts in India, with the highest concentration in states like Maharashtra, Tamil Nadu, Gujarat, Karnataka, Haryana, and Uttar Pradesh.
BENEFITS OF THE SCHEME
The scheme provides interns with valuable practical skills gained through hands-on experience in real-world business environments. The stipend will help cover basic living expenses during the internship, and the experience gained will significantly enhance their employability, increasing their chances of securing future job opportunities.
The registration for the PM Internship Scheme closes on November 10, 2024. Here are the steps to apply:
- Visit the PM Internship Scheme portal
- Create an Account by providing your details to create an account on the portal
- Fill in your personal information, educational background
- Explore the available internships offered by various companies across different sectors
- Apply for the internships that interest you by submitting your application
- Ensure you have an Aadhaar number
- After applying, regularly check the portal for updates on your application status.
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Tis scheme not only provides practical exposure but also helps in building a professional network. It is crucial to act promptly and submit your application before the deadline to take advantage of this opportunity for personal and professional growth. Applicants are advised to keep a check here or on the official website for more updates and information related to this.