PM Internship Scheme Update: 90,000+ Opportunities Open, Registration Begins, Know How To Apply Online & Egibility
PM Internship Scheme Update: The Prime Minister Internship Scheme is a government initiative to provide young people with internships in India’s top 500 enterprises.
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| PM Internship Scheme Update |
More than 90,800 internship opportunities have reportedly been posted by 193 companies on the Prime Minister Internship Scheme portal before the registration commencement on October 12.
Major companies like Jubilant Foodworks, Maruti Suzuki India, Eicher Motors, Larsen & Toubro Ltd., Muthoot Finance, and Reliance Industries offer these internships. The portal was opened on October 3 for companies to submit available opportunities.
PM Internship Scheme Update: Steps To Apply For The MCA Prime Minister PM Internship Scheme PMIS 2024
- Ministry of Corporate Affairs Released PM Internship Scheme PMIS 2024 Notification. Candidate Can Apply to Start From 12/10/2024 to the Last Date at pminternship.mca.gov.in
- Candidate Read the Notification Before Apply the PM Internship Scheme / Yojna Application Form 2024.
- Kindly Check and Collect the Documents - Eligibility, ID Proof, Address Details, and Basic Details.
- Kindly scan documents related to the Admission Entrance Form - Photo, Sign, ID Proof, Etc.
- Before Submitting the Application Form Must Check the Preview and All columns carefully.
- Take A Print Out of the Final Submitted Form.
PM Internship Scheme Update
PM Internship Scheme Update: Eligibility for MCA Prime Minister PM Internship Scheme PMIS 2024
- Applicants must be permanent residents of India.
- Age requirement: 21-24 years old.
- Candidates enrolled in online or distance learning programs may apply, but full-time employees or students are ineligible.
- Educational qualifications: Candidates should have a certificate from an Industrial Training Institute (ITI), a diploma from a Polytechnic Institute, or a bachelor’s degree (e.g., BA, B.Sc., B.Com., BCA, BBA, B.Pharma). They must also have completed their Secondary School Certificate (SSC) and Higher Secondary Certificate (HSC), or equivalent qualifications.
Required Documents For PM Internship Scheme :
- Aadhaar card
- Educational certificates (completion or final examination certificates)
- Recent passport-size photograph (optional)
- Self-declaration suffices for other requirements; no additional documentation is necessary.
Ineligibility Criteria For the PM Internship Scheme:
You are not eligible for the scheme if:
- You are under 21 or over 24 years of age at the time of application.
- You are a full-time employee or student.
- You have graduated from institutions like National Law Universities, IISER, NID, IIIT, or IIT.
- You hold advanced degrees (e.g., MBA, PhD) or professional certifications (e.g., CA, CMA, CS, MBBS, BDS).
- You are already participating in a government-funded skill development, apprenticeship, or training program.
- You have completed an apprenticeship under NAPS or NATS.
- Your family’s annual income exceeds ₹8 lakh in the fiscal year 2023-2024.
- You or your immediate family members are permanent or regular employees of the central, state, or local government, PSUs, or other government bodies.
Benefits of the PM Internship Scheme:
- Interns will receive a monthly stipend of ₹5,000 for up to 12 months.
- The government will provide a one-time grant of ₹6,000 for incidentals, which will be directly transferred to interns upon joining their internship location.
- The training costs for interns will be covered by the company's CSR funds as per current rules.
- Up to 5% of CSR expenditure may be booked as administrative costs by the company, in line with CSR policy rules.
- Every intern will receive insurance coverage under the government’s insurance schemes.
PM Internship Scheme Will Help Youth
PM Internship Scheme 2024 Live: This internship scheme will help the youth gain exposure for 12 months to real-life business environments across varied professions and employment opportunities. In five years, one crore candidates will be provided internship opportunities in the top 500 companies.
PM Internship Scheme Monthly Stipend
PM Internship Scheme 2024 Live: Candidates will get ₹5000/- as a monthly assistant for the entire duration of 12 months of the internship. Out of the total amount, the company will pay ₹500/- to each intern from the Company's CSR funds, and the government will pay ₹4500/-.
Here are 10 frequently asked questions (FAQs) about the PM Internship Scheme:
1. Who is eligible to apply for the PM Internship Scheme?
Applicants must be Indian citizens aged between 21 and 24 years as of the application deadline. They should not be engaged in full-time education or employment but may be enrolled in distance or online programs. Educational qualifications include SSC, HSC, ITI, Polytechnic Diploma, or a bachelor's degree such as BA, B.Sc., B.Com, etc.
2. How do I apply for the PM Internship Scheme?
Applications can be submitted through the official portal PM Internship Portal. Candidates need to provide personal details, educational qualifications, and documents such as their Aadhaar card and relevant educational certificates.
3. What types of internships are offered under the PM Internship Scheme?
The scheme offers internships across various sectors, including IT, Banking, FMCG, Manufacturing, Telecom, Media, and many others, enabling candidates to gain experience in diverse industries.
4. What stipend will I receive during the internship?
Interns will receive financial assistance from both the Government and the host company. A total monthly stipend of ₹5,000 will be provided, with ₹500 from the company and ₹4,500 from the government. Additionally, there’s a one-time joining bonus of ₹6,000.
5. Can I apply to multiple internships?
Yes, candidates can apply to up to five internships in a single application cycle. If selected for more than one, they can choose to accept one offer within a given timeframe.
6. Is there a chance of getting a job after completing the internship?
While the scheme does not guarantee employment, companies may offer jobs to interns who perform exceptionally well during their internship. However, this is at the discretion of the company.
7. What happens if I leave the internship before completion?
If an intern drops out before completing the internship, they will not receive the completion certificate. Moreover, they won’t be eligible to apply for other internships under the scheme for one year.
8. How long is the internship?
Internships under the PM Internship Scheme are for a fixed duration of 12 months. Extensions are not allowed.
9. Are there any leaves or breaks allowed during the internship?
Interns can take leaves per the policies of the host company. In case of emergencies, a sabbatical of up to two months is permitted.
10. What are the benefits for companies participating in the scheme?
Companies benefit by gaining access to a pool of young, talented individuals who can contribute fresh perspectives and address skill gaps. The scheme encourages the development of future professionals through hands-on training
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