PM Internship Scheme 2024: The Prime Minister Internship Scheme, initiated by the Ministry of Corporate Affairs (MCA) in India, is an innovative program designed to enhance the professional skills of youth. Launched to create a robust bridge between education and employment, registrations for the PM Internship Scheme (PMIS) began on October 12, 2024. This unique internship program spans one year (12 months) and allows eligible candidates to apply online through the official PM Internship Portal at pminternship.mca.gov.in.
What is the Prime Minister’s Internship Scheme (PMIS)?
The Prime Minister’s Internship Scheme (PMIS) is a government-backed initiative aimed at facilitating internships for young individuals in the top 500 companies across India. This program not only provides valuable exposure to real-world business environments but also equips participants with essential skills and experience vital for future employment. With a target of one crore internships over five years and a strong commitment to youth empowerment, the PMIS stands as a testament to India’s focus on skill development and career readiness.
Eligibility Criteria for PM Internship Scheme 2024
Age Limit
The age limit to apply for the PM Internship Scheme is 21-24 years as of the last date for submitting the application form.
Ineligibility Criteria
Candidates are not eligible to apply for the PM Internship Scheme if they meet any of the following criteria:
- Individuals who are below 21 years or above 24 years of age.
- Those currently engaged in full-time employment or education.
- Graduates from institutes like IITs, IIMs, National Law Universities, IISER, NIDs, or IIITs.
- Candidates holding qualifications such as CA, CMA, CS, MBBS, BDS, MBA, PhD, or any master’s degree recognized by UGC.
- Individuals undergoing skill training or any apprenticeship programs under central or state government schemes.
- Those who have already completed apprenticeships under the National Apprenticeship Training Scheme (NATS) or National Apprenticeship Promotion Scheme (NAPS).
- Families with a combined annual income exceeding ₹8 lakh for FY 2023-24.
- Family members, including parents or spouses, who are regular government employees (excluding contract workers).
Benefits of PM Internship Scheme 2024
Participants in the PM Internship Scheme can expect to gain extensive industry experience along with the following financial benefits:
| Benefit Type | Amount |
|---|---|
| Monthly Allowance/Stipend | ₹5,000/- |
| One-time Grant | ₹6,000/- |
Important Resources and Links
For further details, candidates can refer to:
FAQs about PM Internship Scheme 2024
Applications can be submitted online at the official website pminternship.mca.gov.in.
The internship scheme includes participation from India’s top 500 companies.
The registration for the PM Internship Scheme opened on October 12, 2024, at 5:00 PM.
Participants will receive a monthly stipend of ₹5,000 and a one-time benefit of ₹6,000.
The internship duration is one year.