PM Internship Scheme 2024-25: Over 6.21 Lac Applications Flood Program
The PM Internship Scheme 2024-25 has witnessed an extraordinary response, with 6.21 lakh applications submitted for 1.27 lakh available internships during its initial rollout. Announced in the Union Budget 2024, this flagship initiative aims to empower one crore young Indians with hands-on work experience over the next five years.
Launched on October 3, 2024, the scheme has already created a buzz among students, fresh graduates, and young professionals looking to gain practical skills and industry exposure. With the potential to bridge the gap between academia and industry, the PM Internship Scheme promises to revolutionize youth employment in India.
What is the PM Internship Scheme 2024-25?
The PM Internship Scheme is a government-backed program designed to provide paid internships to one crore youth across the country within the next five years. It aims to address the growing need for industry-ready skills among young graduates and build a skilled workforce to boost economic growth.
Key Features of the Scheme:
- Total Target: One crore internships over five years.
- Current Phase: 1.27 lakh internships available in 2024-25 (pilot phase).
- Stipend: Rs 5,000 per month for 12 months.
- Grant: A-time grant of Rs 6,000 will be selected interns.
- Eligibility: Open to youth aged 18–30 years, including students and graduates.
- Mode: Both offline and online internships are available, depending on the role.
Massive Response to the Internship Program
The Ministry of Corporate Affairs announced that the scheme has received 6.21 lakh applications, far exceeding expectations. As of now:
- 1.27 lakh internships have been listed by partner companies on the dedicated scheme portal.
- 4.87 lakh applicants have completed their KYC verification and registered successfully.
This overwhelming response underscores the growing demand for skill development programs and employment opportunities among India’s youth.
Objectives and Benefits of the PM Internship Scheme
The PM Internship Scheme 2024-25 focuses on empowering the youth and enhancing their employability through structured work experiences.
Key Objectives:
- Skill Enhancement: Offer practical training to bridge the gap between academic knowledge and industry requirements.
- Youth Empowerment: Support students and young professionals with financial aid and practical exposure to boost career growth.
- Economic Growth: Develop a skilled workforce to meet industry demands and promote economic development.
- Employment Generation: Reduce unemployment rates by equipping youth with job-ready skills.
Benefits for Interns:
- Practical Exposure: Work with top companies and government bodies to gain industry insights.
- Financial Support: Monthly stipend and a one-time grant to help cover expenses.
- Certification: Receive certificates upon completion to boost resumes.
- Job Readiness: Enhance employability by gaining relevant experience and skills.
Internship Categories and Opportunities
The PM Internship Scheme 2024-25 focuses on empowering the youth and enhancing their employability through structured work experiences;
- IT and Software Development: Coding, web development, and data analysis.
- Finance and Banking: Accounting, auditing, and financial analysis.
- Marketing and Sales: Digital marketing, content creation, and SEO.
- Healthcare and Pharmacy: Medical research, lab assistants, and public health programs.
- Education and Training: Teaching assistants and e-learning developers.
- Engineering and Construction: Civil engineering, architecture, and CAD design.
- Media and Journalism: Content writing, video editing, and social media management.
Application and Selection Process
How to Apply?
- Registration: Visit the official PM Internship Scheme Portal.
- KYC Verification: Complete KYC to validate identity.
- Choose Internship: Browse listed internships and select preferred roles.
- Submit Application: Upload resume and submit the application online.
Selection Criteria:
- Academic qualifications and eligibility verification.
- Merit-based shortlisting by partner companies.
- Final selection based on interviews or tests conducted by the employers.
Challenges and the Road Ahead
While the scheme has received immense support, experts point out challenges such as:
- Scalability: Expanding the program to reach one crore youth within five years.
- Job Placement: Ensuring that internships translate into permanent jobs.
- Transparency: Monitoring the quality of internships and preventing exploitation.
The government is expected to tackle these challenges through regular audits and feedback mechanisms to ensure the program’s success and sustainability.
The PM Internship Scheme 2024-25 is a game-changing initiative that aims to empower Indian youth with practical skills and real-world experience. With overwhelming participation and strong backing from corporate partners, it has already set the stage for a brighter future.
By bridging the gap between education and employment, the scheme not only addresses the youth unemployment crisis but also strengthens India’s economic foundation.
Aspiring interns are encouraged to register early, seize this golden opportunity, and take a step toward a prosperous career.
FAQs
1. What is the PM Internship Scheme 2024-25?
The scheme offers paid internships to one crore youth over five years, providing skill development and industry exposure.
2. How much stipend do interns receive?
Interns are provided with a stipend of Rs 5,000 per month for a duration of 12 months along one-time 6000
3. Who can apply for the PM Internship Scheme?
Indian citizens aged 18–30 years with academic qualifications relevant to the chosen internship can apply.
4. How do I apply for the scheme?
Register on the official PM Internship Scheme Portal, complete KYC, and apply for preferred roles.
5. Are certificates provided after completion?
Yes, interns receive certificates recognizing their participation, enhancing their job prospects.
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