The PM Internship Scheme 2024 is officially opening its registration process today, October 12, 2024, at 5 PM. This initiative, launched by the Ministry of Corporate Affairs(MCA). Candidates can apply for the internship scheme through the official website at pminternship.mca.gov.in. The aim of this internship program is to provide valuable internship opportunities to young Indians, enhancing their skills and employability.
What is PM Internship Scheme, 2024?
The PM Internship Scheme is a government initiative aimed at providing young people who aged between 21 to 24 with internships in India’s top 500 enterprises. It aims to bridge the gap between academic learning and real-world job experience.
Registration Details of PM Internship Scheme 2024
Registration Start Date: October 12, 2024
Registration Time: 5 PM
Official Website: Candidates can apply through pminternship.mca.gov.in.
Eligibility Criteria
To qualify for this internship scheme, candidates must meet the following requirements:
Educational Qualifications:
- Candidates should have completed at least High School or Higher Secondary School.
- Candidates acquire a certificate from an ITI or hold a diploma from a Polytechnic Institute are also eligible.
- Graduates with degrees such as BA, B.Sc, B.Com, BCA, BBA, B.Pharma, etc. can apply for this internship program.
Age Limit: Candidates must be between 21 to 24 years old as of the last date for application submission.
Nationality: Only Indian nationals can apply.
Employment Status: Candidates should not be engaged in full-time employment or education.
Required Documents
- 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.
PM Internship Duration and Structure
The internship lasts for 12 months, with at least half of this time spent in an actual work environment rather than in a classroom setting. For developing practical skills that are highly valued in the job market, this hands-on experience is crucial.
PM Internship Stipend Amount
Interns will receive a monthly stipend of ₹5,000 for the entire duration of the internship. This amount comprises ₹4,500 provided by the government through Direct Benefit Transfer and ₹500 contributed by the company from its CSR funds.
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. - To ensure financial security during their internship period, every intern will also be covered under insurance schemes such as the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.
How to Apply for PM Internship Scheme 2024?
Candidates can apply for up to five internship opportunities based on their preferences, including location, sector, functional role, and qualifications.
- Candidates first visit the official website at pminternship.mca.gov.in.
- Click on the registration link to open a new page.
- Fill in the required registration details and submit.
- A resume will be generated by the portal that based on the information you have provided.
- You can select up to five internships that match your preferences.
- You can then submit your application and keep a copy of the confirmation page for your records.
Selection Process of PM Internship Scheme 2024
Based on their preferences and the requirements set by partner companies, candidates will be shortlisted. Aiming to provide opportunities for individuals from various backgrounds, the selection process emphasizes diversity and social inclusivity.
Recognition of Interns for PM Internship Scheme 2024
The Ministry will implement a transparent process to recognize outstanding interns and companies based on exceptional performance and innovation. This recognition aims to motivate interns to excel during their tenure.
Top Companies who are Participating
A total of 500 top companies are participating in the PM Internship Scheme. Some of the key companies includes:
- Adani Group
- Coca-Cola
- Deloitte
- Mahindra Group
- Maruti Suzuki
- Wipro
- ICICI
- Hindustan Unilever
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