Good News for Students! Application process for PM Internship Scheme has started again
PM Internship Scheme: The second round of applications for the Pradhan Mantri Internship Scheme has begun. This information was provided via a news release from the Ministry of Corporate Affairs. According to the ministry’s statement, applications for the Pradhan Mantri Internship Scheme’s second round of the first phase have begun. This would provide over 1 lakh young people in 730 districts throughout the nation internships at prestigious firms.
This Sge Group of Youth will have an Opportunity
Youth between the ages of 21 and 24 who are not enrolled in full-time academic programs or employment will be eligible for internships under this program. Let us inform you that in the July 2024 budget, Finance Minister Nirmala Sitharaman unveiled this plan. This program was started with the intention of giving young people without jobs the best chance. One crore young people will get the chance to intern at prestigious organizations as part of this program, which will help them become ready for the workforce.
In October, the First Round of Applications Began
Companies were posting internship openings on the pminternship.mca.gov.in site when the Pradhan Mantri Internship Scheme’s first round of the pilot phase began on October 3, 2024. Over 6 lakh young people nationwide applied at this time, with the deadline being November 15, 2024.
When does the second round end, and how can I apply?
The interested individual must register on the website and apply for internships in a variety of industries in order to be considered for the second round of this program. Candidates may apply for three internships in the second round of applications up to the application deadline. Regarding the application deadline, it is March 12, 2025.
will get Rs 5,000 in aid each month
As part of this, students will get a 12-month internship and Rs 5,000 every month. In addition, a one-time payment of Rs 6000 will be made at the internship’s conclusion. The internship will begin on December 2, and the scheme’s pilot experiment is expected to cost around Rs 800 crore. More than 500 prestigious firms will provide internships under this program.
Interns’ Insurance Coverage
The Government of India provides insurance coverage for every trainee under the Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana. In addition, the firm provides the interns with supplementary accident insurance coverage.
