PM Internship scheme 2024 Registration Online step by step guide Apply Now!

The Prime Minister Internship Scheme 2024 has been launched by the Government of India to provide valuable internship opportunities to young individuals across various sectors. This initiative aims to combat youth unemployment by offering internships to one crore young people over the next five years.

Starting from October 12, 2024, eligible candidates aged 21 to 24 can register online for this transformative program. Participants will not only gain practical skills but also receive a monthly stipend of ₹4,500, along with additional support from participating companies. This is your chance to work with top industries and enhance your employability while contributing to meaningful projects.

About the PM Internship Scheme 2024

The website features a link for partner companies to register for the PM Internship Scheme, allowing them to offer internship positions to candidates. The candidate portal will be launched soon.

This internship scheme is designed to provide youth with 12 months of exposure to real-world business environments across various professions. Over the next five years, the initiative aims to offer internship opportunities to one crore candidates within the top 500 companies. For the financial year 2024-25, the government has set a target of providing 1.25 lakh internships in leading organizations.

Key Features

• Objective: To offer one crore internship opportunities over five years, targeting youth unemployment and enhancing employability.
• Duration: Each internship lasts for 12 months, allowing participants to gain hands-on experience in real-world business environments.

Target for 2024-25

• For the financial year 2024-25, the government aims to provide 1.25 lakh internship opportunities in collaboration with approximately 500 top companies.

Eligibility Criteria

Candidates must meet the following requirements:

• Age: Between 21 and 24 years.
• Education: Must have completed at least Class 10; graduates from premier institutions (IITs, IIMs) or those with professional qualifications (CA, CMA) are not eligible.
• Employment Status: Candidates should not be engaged in full-time employment or education.

Financial Support

Interns will receive:

• A monthly stipend of ₹5,000, with ₹4,500 funded by the government and ₹500 from the company’s CSR contributions.
• A one-time joining grant of ₹6,000 to cover incidental expenses.

Application Process

1. Registration: The application portal will open on October 12, 2024.
2. Application Timeline:
   • Companies can register their internship positions from October 3 to October 10, 2024.
   • Candidates can apply from October 12 to October 25, 2024.
3. Selection Process: Interns will be selected between October 27 and November 7, and offers will be issued by companies between November 8 and November 15, 2024.

Benefits of the Scheme

The PM Internship Scheme is designed to:

• Enhance employability by providing practical skills that are essential in today’s job market.
• Bridge the gap between academic knowledge and real-world experience.
• Offer exposure to varied professions and employment opportunities within top companies.

This initiative represents a significant opportunity for young individuals in India to gain essential work experience and improve their career prospects.

How to Apply?

If You are an Interested candidate in the PM Internship Scheme 2024 Registration Online step-by-step guide, Apply Now!