The Prime Minister’s Internship Scheme 2024 is a landmark initiative by the Government of India, aiming to bridge the gap between academic learning and industry requirements.
By offering structured internship opportunities, the scheme seeks to enhance the employability of the nation’s youth, providing them with practical experience in top-tier companies.
Key Features of the PM Internship Scheme 2024
- Launch Date: December 2, 2024.
- Target: 1.25 lakh internships for the fiscal year 2024-25.
- Duration: 12 months.
- Participating Companies: Over 500 leading firms across various sectors.
Eligibility Criteria
To ensure that the benefits of the scheme reach the intended candidates, specific eligibility criteria have been established:
- Age Limit: Applicants must be between 21 and 24 years old as of the application deadline.
- Educational Qualifications: Candidates should have completed at least one of the following:
- High School (10th)
- Higher Secondary School (12th)
- ITI Certificate
- Diploma from a Polytechnic Institute
- Undergraduate Degree (e.g., BA, B.Sc, B.Com, BCA, BBA, B.Pharma)
- Employment Status: Applicants should not be engaged in full-time employment.
- Family Income: The combined annual family income should not exceed ₹8 lakh for the financial year 2023-24.
- Exclusions: Graduates from premier institutions (IITs, IIMs, National Law Universities, IISERs, NIDs, IIITs) and holders of professional qualifications (CA, CMA, CS, MBBS, BDS, MBA, or any master’s degree) are not eligible.
Benefits of the Scheme
The PM Internship Scheme offers a comprehensive package to support interns throughout their tenure:
- Monthly Stipend: A total of ₹5,000 per month, comprising:
- ₹4,500 from the Government of India.
- ₹500 from the participating company, sourced from their Corporate Social Responsibility (CSR) funds.
- One-Time Grant: ₹6,000 to cover incidental expenses such as travel and documentation.
- Insurance Coverage: Enrollment under the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, with premiums paid by the government.
- Professional Exposure: Hands-on experience in leading companies, enhancing practical skills and industry knowledge.
- Networking Opportunities: Building connections with industry professionals, paving the way for future career prospects.
Application Process
Interested candidates can apply through a streamlined online procedure:
- Registration
- Visit the official PM Internship Scheme portal: pminternship.mca.gov.in.
- Click on the “Youth Registration” tab and provide the required personal and contact details.
- Verify your mobile number through the OTP sent during registration.
- Profile Creation
- Complete e-KYC using Aadhaar or DigiLocker.
- Fill in personal details, including educational qualifications and skills.
- Upload necessary documents, such as educational certificates and proof of age.
- Application Submission
- Browse available internship opportunities based on sector, location, and role.
- Apply for up to five internships that align with your preferences and qualifications.
- Submit the applications and await shortlisting.
Important Dates
| Event | Date |
|---|---|
| Launch of the Scheme | December 2, 2024 |
| Company Registration Window | October 3 – October 11, 2024 |
| Candidate Application Window | October 12 – November 15, 2024 |
| Internship Commencement | December 2, 2024 |
Participating Sectors
The scheme encompasses a diverse range of industries, including:
- Oil, Gas & Energy
- Automotive
- Travel and Hospitality
- Banking and Financial Services
- Metals and Mining
- Manufacturing & Industrial
- Infrastructure and Construction
- IT and Software Development
- FMCG
- Telecom
The PM Internship Scheme 2024 stands as a significant endeavor to empower India’s youth by providing them with invaluable industry exposure and practical skills.
By facilitating internships across leading companies, the scheme not only enhances employability but also contributes to the nation’s economic growth by cultivating a skilled and ready workforce.
FAQs
1. What is the duration of the internships under the PM Internship Scheme 2024?
The internships are designed to last for 12 months, providing comprehensive exposure to industry practices.
2. Are there any provisions for candidates from economically weaker sections?
Yes, the scheme includes financial support through stipends and one-time grants to assist candidates from economically weaker sections.
3. Can candidates pursuing distance education apply for the internship?
Yes, candidates enrolled in online or distance learning programs are eligible to apply, provided they meet the other eligibility criteria.
4. How will the selection process be conducted?
The selection process involves shortlisting candidates based on their applications, followed by selection by the participating companies as per their criteria.
5. Is there any age relaxation for candidates from reserved categories?
Yes, there is an age relaxation of 3 years for OBC candidates and 5 years for SC/ST candidates.
