All graduates not enrolled in full-time courses are requested to apply for the PM Internship Scheme for all Graduates. Check the details and apply now!
About PM Internship Scheme
The PM Internship Scheme allows youth to gain 12 months of hands-on experience in leading Indian companies across various sectors, such as agriculture, automotive, and healthcare. With over 125,000 internship opportunities available in 25 sectors, the scheme aims to enhance skill development and mentorship. Interested candidates can register to explore diverse opportunities aligned with their qualifications. For more details, contact the PM Internship Scheme team at the Ministry of Corporate Affairs.
Internship Guidelines
The Prime Minister’s Internship Scheme in Top Companies (Scheme) was announced in the Budget 2024-25. It aims to provide one crore youth with internship opportunities in the top 500 companies in five years. Through this Scheme, youth will gain exposure for 12 months to a real-life business environment across varied professions and employment opportunities.
As an initiation of this ambitious Scheme, which involves multiple stakeholders and innovative skilling concepts, a Pilot Project targeted at providing 1.25 lakh internship opportunities is being launched for the Financial Year (FY) 2024-25. The top companies for this Pilot Project have been identified based on the average CSR expenditure of the last three years. Companies ‘ participation in this scheme is voluntary. A list of these companies will be uploaded on the PM Internship Scheme Portal.
For the purpose of this Scheme, an internship is envisaged as an arrangement between the intern and the company in which the company provides an opportunity for the intern to get training, gain experience, and develop skills within the real-life environment of the business or organization. This helps bridge the gap between academic learning and industry requirements, and, in turn, assists in the enhancement of her/his employability.
Scope
The Scheme is separate from all the existing schemes related to skill development, apprenticeships, internships, student training programmes, etc., and is being implemented across all the States and UTs of India. It will run independently of all such Central/State schemes.
Internship Duration
The Internship shall be 12 months long. At least half of the period must be spent in the actual working experience/ job environment, not in the classroom.
Age
Youth aged between 21 and 24 (as of the last date for submission of application), belonging to Indian nationality, who are not employed full-time and not engaged in full-time education.
Candidates enrolled in online/ distance learning programmes are eligible to apply.
Educational Qualifications
- Candidates who have passed High School or Higher Secondary School, possess a certificate from an ITI and hold a diploma from a Polytechnic.
- Institute, or are graduates with degrees such as BA, B.Sc, B.Com, BCA, BRA, B.Pharma, etc. are eligible.
Ineligibility criteria
The following persons are ineligible to participate:
- Graduates from IITs, 1lMs, National Law Universities, IISER, N1Ds, and 11ITs.
- Those with qualifications such as CA, CMA, CS, MBBS, BUS, MBA, or any master’s or higher degree.
- Those undergoing any skill, apprenticeship, internship or student training programme under Central Government or State Government schemes.
- Those who have completed an apprenticeship or training under the National Apprenticeship Training Scheme (NATS) or National Apprenticeship Promotion Scheme (NAPS) at any point.
- If the income of any of the candidate’s family members exceeds Rs 8 lakh for FY 2023-24.
- If any family member is a permanent/regular government employee.
- Note: For the Pilot Project:
- “Family” means self, parents and spouse.
- “Government” means the Central and State Governments, UT administrations, Central and State PSUs, statutory organizations, local bodies, etc.
- “Employee” means regular/ permanent employees but does not include contractual employees.
Support and Benefits
This is a Direct Benefit Transfer (DBT) Scheme. Details of the support, financial benefits and funding pattern under the Scheme are given below:
- Monthly assistance to the interns: Rs. 5,000 will be paid monthly to the interns for the entire duration of the 12-month internship.
- Out of this, every month, the company will release Rs. 500 /—to each intern from its CSR funds based on attendance and related company policies regarding good conduct, etc.
- Once the Company makes the payment, the Government will pay Rs.4,500 to the candidate through a Direct Benefit Transfer to the intern’s Aadhaar-bank account.
- If a Company wishes to provide monthly assistance beyond Rs.500, it may do so from its own funds.
- Grant for incidentals: Upon joining the internship location, the government will disburse a one-time grant of 26,000 incidentals to each intern through Direct Benefit Transfer.
- Training cost: As per the extant rules, the company would pay the expenses associated with training interns under the Scheme from its CSR funds.
- Administrative cost: As covered under Companies (CSR Policy) Rules, 2014, the company may book up to 5% of the CSR expenditure incurred under this Scheme as administrative costs.
Insurance coverage
Each intern shall be provided with insurance coverage under the government schemes of the Government of India, Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, for which the government will provide the premium amount. In addition, the company may also offer additional accidental insurance coverage to the interns.
Registration and Application Process
- Eligible candidates must register on the Portal.
- The portal will generate a resume based on the information provided by the candidates.
- Candidates will be able to browse for preferred sectors, functional roles, locations, and other criteria using a facility.
- Candidates may apply for up to five (5) internship opportunities based on their preferences, including location (state, district), sector, functional role, and qualifications.
How to Apply?
Interested candidates can directly apply using this link.
Important Links
Click here to view the Candidate Profile Manual.
Note: Please thoroughly review the manual and read all details carefully before applying.
