The Prime Minister Internship Scheme 2024 is an initiative announced by India’s Finance Minister, Nirmala Sitharaman, aiming to provide residencies for 1 crore jobless youth. This program, officially initiation on October 3, 2024, will offer monetary help, applied knowledge, and services growth to young persons, ornamental their employability. Residencies will be offered across India’s top 500 businesses, helping bond the skill gap and creating job chances for India’s youth.
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Eligibility Criteria
To succeed for the scheme, applicants must:
- Be enduring residents of India.
- Be aged among 21 to 24 years.
- Have finished SSC, HSC, or hold a diploma/diploma (ITI, Polytechnic), or a advancement degree (BA, B.Sc, B.Com, BCA, BBA, B.Pharma).
- Not be engaged in full-time employment or full-time education.
- Come from relations without regular administration staffs and with an annual family revenue below INR 8 lakh.
Ineligible applicants include alumnae from premier organizations like IITs, IIMs, and holders of higher degrees (e.g., MBBS, PhD, MBA), or those enrolled in other government traineeship or internship programs.
Benefits of the Scheme
- Monthly stipend of INR 4,500 from the administration, with an extra INR 500 from participating companies (through CSR funds).
- One-time monetary assistance of INR 6,000.
- Internships with top 500 companies in India, providing hands-on work experience.
- Insurance attention under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.
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Application Process
- Visit the official website https://pminternship.mca.gov.in/.
- Complete registering by providing personal and instructive details.
- Browse and apply for up to five residencies based on your preferences.
- Shortlisted applicants will be reread by companies, and offers will be sent via the portal.
Timeline
- October 3, 2024: Businesses begin posting residencies.
- October 12, 2024: Candidates can start applying.
- Duration: The residency program will last one year.
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Contact Information Prime Minister Internship Scheme
- Toll-Free Number: 1800 11 6090
- Email: pminternship[at]mca.gov.in
- Address: A Wing, 5th Ground, Shastri Bhawan, New Delhi-110001
This ingenuity is a key step in language youth unemployment in India, aiming to train 10 million youth over five years.
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