2nd Phase of PM Internship Scheme

Recently, Finance Minister Nirmala Sitharaman announced the launch of a dedicated app for the Prime Minister’s Internship Scheme (PMIS). This initiative aims to boost participation by simplifying the registration process for the second round of the scheme. The app addresses the challenge of limited computer access, leveraging mobile technology to provide a more user-friendly experience for applicants.

About PM Internship Scheme

  • The PMIS was introduced to enhance employment opportunities for young individuals.
  • It aims to provide professional experiences and training across various sectors.
  • The scheme’s goal is to offer internships to 10 million people over five years.
  • Interns can expect a monthly stipend of ₹5,000 and a one-time grant of ₹6,000 for incidental expenses.

Facilitation Centre in Kolkata

A facilitation centre has been established in Kolkata through a partnership between the Ministry of Corporate Affairs (MCA) and the Confederation of Indian Industry (CII). This centre will mobilise candidates and provide guidance. CII operates 47 model career centres, which will integrate PMIS cells to enhance outreach and support for applicants.

Information, Education, and Communication Events

To improve social outreach, the MCA plans to conduct over 70 Information, Education, and Communication (IEC) events nationwide. These events aim to raise awareness about the PMIS and ensure that potential interns are well-informed about the opportunities available.

Targets

The first round of PMIS saw 28,141 candidates accepting internship offers. The second round aims to provide over 100,000 internships across more than 300 companies. The ambitious target for the financial year 2025 is to reach 1.25 lakh internships.

Eligibility Criteria

Candidates aged between 21 and 24 years are eligible to apply. Applicants must have completed their 10th and 12th grades or hold a UG degree, ITI, or other technical qualifications. This criterion ensures that a diverse range of young individuals can participate in the scheme.

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