PM Internship Scheme 2024: Work At Top 500 Firms, Get 60k PA + Insurance
Furthering India's job-push agenda, the Government of India has launched a new internship program offering INR 60,000 per annum to 1 crore youth over five years. The move, as announced in the Union Budget 2024, aims to provide internships to 1.25 lakh candidates in its first year. According to government sources, the scheme is being rolled out as a pilot program and shall offer opportunities from the top 500 companies in India.
Let's take a closer look at this mega internship drive.
Prime Minister's Internship Scheme: Key Offerings
- 12 months real-life exposure in India's top firms.
- Out of 12 months, at least 6 months of the training involves hands-on work in a business setting.
- Monthly assistance of INR 4500 by Government of India and INR 500 by Industry.
- One-time financial aid of INR 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
Sectors Covered Under PM Internship Scheme 2024
Eligible candidates will get internships in different roles across sectors, including:
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Prime Minister's Internship Scheme: Eligibility
Following the eligibility criteria for the PM internship scheme 2024:
- Candidate must be an Indian citizen
- Age limit: 21-24 years
- Must not be employed full-time or engaged in full-time education. (Note: Candidates enrolled in online or distance learning programmes are eligible.)
- Candidate must have completed Secondary School Certificate (SSC) or its equivalent, Higher Secondary Certificate (HSC) or its equivalent, or hold a certificate from an Industrial Training Institute (ITI), a diploma from a Polytechnic Institute, or a graduation degree such as BA, B.Sc, B.Com, BCA, BBA, B.Pharma, etc.
Note: Government's reservation policy for Scheduled Castes, Scheduled Tribes, Other Backward Classes, and people with disabilities would apply to the internships offered under the Prime Minister Internship Scheme.
Who CANNOT apply for the internship?
- Graduates from IITs, IIMs, National Law Universities, IISER, NIDs, or IIITs.
- Individuals with advanced qualifications such as CA, CMA, CS, MBBS, BDS, MBA, PhD, or any master's degree or higher qualification (recognized by the UGC) are not eligible to apply.
- Anyone with the income of any of your family members exceeding INR 8 lakh for FY 2023-24.
- Government employees or anyone whose parents or spouse are regular government employees.
Say yes to opportunities. Say yes to Unstop! Unlimit yourself here
Important Dates & Official Registration Link
| Events | Dates |
| Registration | October 12 to October 25, 2024 |
| Selected candidates to be notified | Between October 27 and November 7, 2024 |
| Internship offer roll-out | Between November 8 and November 15 |
| Commencement of internship (First Batch) | December 2, 2024 |
| Registration Link | Click Here |
Eligible candidates can register on the PM Internship portal link, complete their profile, generate their CV, and submit their preferences from the list of opportunities available. A multilingual call centre has been launched to assist with candidates' queries and the registration process.
Wishing all the aspirants the best of luck with their applications!
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