Prime Minister Internship Scheme – 2024

November 25, 2024

The Prime Minister Internship Scheme (PMIS) will launch on December 2, 2024, and aims to enhance job opportunities and skills for India’s youth. The pilot phase began on October 3, 2024, and Selected candidates will receive joining orders on the launch day.

Internship Opportunities

PMIS has secured 1.28 lakh internships from 280 leading companies, spans 745 districts, and covers 25 industries. Companies include Tata Consultancy Services, Reliance Industries, and HDFC Bank. Sectors involved are energy, automotive, banking, manufacturing, IT, and telecom.

Applicant Details

The scheme received 6.2 lakh applications before the November 15 deadline. Eligible applicants must be aged 21-24. They should have completed at least the 10th grade, ITI, Polytechnic, Diploma, or graduation. Applicants can apply for up to five internships in their own or other states.

Financial Support

Interns will receive a monthly allowance of ₹5,000. A one-time grant of ₹6,000 will also be provided. The government has allocated ₹800 crore for the pilot phase. The goal is to offer 1.25 lakh internships in the fiscal year 2025.

Inclusivity Focus

PMIS promotes inclusivity by targeting underrepresented groups. Graduates from top institutions like IITs and IIMs are excluded to level the playing field. The scheme encourages practical learning through real-world experience.

The scheme aims to skill 1 crore youth over five years, is part of a larger ₹2 lakh crore project to create jobs and enhance skills. The Ministry of Corporate Affairs oversees the PMIS, ensuring efficient management and implementation.

Important Facts for Exams:
PMIS: The Prime Minister Internship Scheme aims to enhance job opportunities for youth. It targets 1 crore individuals aged 21-24 over five years, promoting practical skills and employment.
₹800 crore: The government allocated ₹800 crore for the pilot phase of PMIS. This funding supports 1.25 lakh internships in FY2025, denoting the initiative’s commitment to youth employment.
Aadhaar: An Aadhaar number is required for PMIS applicants. This unique identification number ensures verification, promoting transparency and accountability in the internship selection process.

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