The Prime Minister Internship Scheme (PMIS) has been launched recently. The central government of India will provide internship opportunities to the youth of the country through this scheme. PM Internship Scheme is a pilot project launched under the Ministry of Corporate Affairs, Govt. of India. With this scheme, it will be feasible for the young population to get enrolled for internships in the top 500 corporate companies of India. The internship program under the Prime Minister Internship Scheme will provide opportunities to more than one crore young individuals in the next five years, from FY 2024-25 to FY 2028-29. Read below to check detailed information on PMIS.
Launch of the Prime Minister Internship Scheme 2024
This scheme was launched formally on October 3, 2024, by the government of India. Earlier, it was mentioned during the central budget presented to the parliament by the finance minister, Smt. Nirmala Sitharaman. This is a pilot program bringing together the government and top 500 corporate companies to provide internships to the youth. Young individuals aged between 21 and 24 can enrol and get into the internship pertaining to their specialisation or field. This will eventually lead to their skill development through dynamic learning. Eligible youth can register and apply for internships using the official website.
PM Internship Scheme Details in Highlight
| Name of Scheme | Prime Minister Internship Scheme |
|---|---|
| Launch date | 03 October, 2024 |
| Concerned Government | Central Government of India |
| Concerned Ministry | Ministry of Corporate Affairs, Govt of India |
| Scheme Type | Internship, Learning & Skill Training |
| Financial Benefits | INR 5000 per month |
| Registration Process | Online |
| Registration Start Date | 12 October 2024 |
Aims and Objectives
The Prime Minister Internship Scheme serves as a flagship initiative, providing opportunities for over one crore individuals to acquire skills and gain insight into the workings of large corporations. After joining the program, youth will gain exposure to a more practical and viable working environment in the top 500 companies. This will help them develop working skills and get precious experience in 25 different sectors. Though there will be no job guarantee under PMIS, the youth will be turned into useful human resources that will definitely increase their earning capability.
See Also: PM Vidyalaxmi Scheme
Key Features and Benefits
- This is a pilot project launched under the Ministry of Corporate Affairs, Government of India.
- The internship program will provide a one-year internship to young boys and girls aged between 21 and 24 in the next five years.
- The scheme will also provide monthly monetary support during internships to each candidate.
- The youth of the nation will learn the working know-how in the top 500 companies in India.
- There will be certification once the internship is successfully completed by an individual.
Financial Benefits
- Candidates will receive a monthly financial stipend during the internship.
- A sum of INR 5000 will be provided to them on a monthly basis for a duration of 12 months.
- Out of INR 5000, INR 4500 will be paid by the central government, whereas the rest INR 500 will be provided by the partner company.
- The amount will be directly transferred to the bank account of the beneficiary through Direct Benefit Transfer (DBT).
- Apart from the monthly stipend, a one-time grant of INR 6,000 will be given to the interns on joining the internship.
Certification
- On completion of the internship, interns will receive the certificate to that effect from the company.
- This certificate may be useful in finding job opportunities.
Insurance Coverage
- Inters will be covered under insurance policy under the central government.
- They will be automatically covered on joining the internship.
- Each intern will receive insurance coverage under Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).
Eligibility Criteria
- Candidate must be an Indian citizen.
- The age of the candidate must be between 21 and 24.
- The candidate must not be engaged in a full-time employment or education course.
Mandatory Educational Qualification
The candidate must possess the mandatory educational qualification in order to apply under the Prime Minister Internship scheme. Qualification encompasses Secondary School Certificate (SSC) or its equivalent, Higher Secondary Certificate (HSC) or its equivalent, or holding a certificate from an Industrial Training Institute (ITI), a diploma from a Polytechnic Institute, or a graduation degree such as BA, B.Sc, B.Com, BCA, BBA, B.Pharma, etc.
Required Documents
The following documents will be needed to complete the profile for the Prime Minister Internship Scheme.
- Aadhar Card
- Educational certificates (completion/final examination/assessment certificates will be considered).
- Self Declaration (To avoid additional documentation on joining)
- Recent passport-sized photograph (Not compulsory)
Who are not eligible?
You are not eligible for the Prime Minister Internship Scheme if any of the following conditions apply to you.
- Age is either below 21 years or above 24 years.
- Currently engaged in a full-time employment.
- Currently engaged in a full-time education.
- Having received education from reputed institutes such as IITs, IIMs, National Law Universities, IISER, NIDs, or IIITs.
- Having a qualification such as a CA, CMA, CS, MBBS, BDS, MBA, PhD, or any master’s or higher degree (recognised by the UGC).
- Already enrolled in any skill, apprenticeship, internship, or training program under a Central or State Government scheme.
- Have completed apprenticeship under the National Apprenticeship Training Scheme (NATS) or National Apprenticeship Promotion Scheme (NAPS).
- Having a family income exceeding INR 8.00 lacs. (income calculation for 2023-24)
- Any family member is a government employee working as a permanent/regular government employee (excluding contractual employees). “Government” includes central and state governments, union territory administrations, central and state public sector undertakings (PSUs), statutory organisations, and local bodies.
Note 1: Family means self, parents, and spouse.
Note 2: Candidates enrolled in an online/distance/correspondence course are eligible for the Prime Minister Internship Scheme.
Selection process under Prime Minister Internship Scheme
The selection process under PMIS will be based on the candidates’ preferences and the requirements of the partner companies. For the purpose, a fair, socially inclusive, and tech-driven process will be adopted. Before the selection, the candidates have to complete the registration and profile creation process on the official website of the Prime Minister Internship Scheme. Then thereafter, they have to download the CV and submit their preferences from the listed opportunities available on the portal. The following process will be done to make an appropriate selection.
- Based on the preferences of the candidates and the internship vacancies of the company, a shortlist will be prepared.
- Shortlisting will be done depending on the number of offers for each candidate.
- Approximately twice or three times as many names will be sent to the partner company for selection.
- Then thereafter, the partner company will take the necessary action and complete the selection process based on its own selection criteria.
See Also: PM Surya Ghar Muft Bijli Yojana
Internship sectors
The central government has included 25 sectors in the Prime Minister Internship Scheme. These sectors play a crucial role in running the economy of the country. These include IT and Software Development, Banking and Financial Services, Oil, Gas & Energy, Metals & Mining, FMCG (Fast-Moving Consumer Goods), Telecom, Infrastructure & Construction, Retail & Consumer Durables, Cement & Building Materials, Automotive, Pharmaceutical, Aviation & Defence, Manufacturing & Industrial, Chemical, Media, Entertainment & Education, Agriculture and Allied, Consulting Services, Textile Manufacturing, Gems & Jewellery, Travel & Hospitality, and Healthcare.
Internship opportunities availability
Each candidate will have a maximum of 5 internship opportunities in one cycle. Candidates can request enrolment for 5 different internship opportunities based on their preferred location, sector, role, and qualifications/specialisation. These 5 preferences can be changed as many times as required by the candidates. If any candidate is not selected for any of the five preferences, he/she can make preferences for the future cycles of the Prime Minister Internship Scheme.
Employment scope
PMIS envisages the idea of providing internships only. The scheme aims to create equal opportunities for youth across various sectors to acquire practical knowledge and skills. There is no job guarantee envisaged under the Prime Minister Internship Scheme. Interns have to show their skill and prove themselves so that their partner company could provide employment opportunities to bright candidates. Bright and talented young individuals may receive job opportunities after internship completion.
Registration and Application Process
Young individuals fulfilling the eligibility criteria can set up their account on the official portal. For this, they need to visit the portal launched by the Ministry of Corporate Affairs under the Prime Minister Internship Scheme. On the portal, the process involves registration and profile creation. Then thereafter, you can apply for an internship opportunity and make preferences. You can go through the entire process required for registration and profile creation.
Useful Links
Frequently Asked Questions
What is PM Internship Scheme (PMIS)?
This is a pilot program launched by the central government of India. The scheme aims to provide internship opportunities to the youth of the country. Under it, about one crore young boys and girls would receive working skills and knowledge in the top 500 corporate companies of India. The scheme is applicable to all 36 states and union territories for the next five years, i.e., FY 2024-25 to FY 2028-29.
What is an internship?
An internship is a process bringing together the intern and the company in which the company provides the intern with the opportunity to get training and practical experience and gain exposure to the real-life environment of the business or organization. This process is helpful in bridging the gap between academic learning and industry requirements.
Can international candidates apply for the Prime Minister Internship Scheme?
No, only natives of India can make an application for an internship.
Can I apply if I am enrolled in an online/distance/correspondence course?
Yes, you can apply if you are enrolled in an online/distance/correspondence course. Only those candidates who are engaged in a regular, full-time education course can apply.
Is there any reservation for PMIS?
No, there are no specific reservation criteria for the Prime Minister Internship Scheme. All the processes regarding selection, training, certification, etc. will be done as per the partner companies’ policies and the knowledge and skills of the candidates. However, the partner companies have to maintain diversity and social inclusion by making the process fair, socially inclusive, and technically supported.
Will I get financial support during my internship?
Yes, you will get monthly financial support during the 12-month internship course.
How much financial assistance will I get under the Prime Minister Internship Scheme?
Interns will get monthly financial support of INR 5,000 during their internship. The central government will pay them a monthly sum of INR 4500, whereas the partner company will pay the rest, which is INR 500. In addition to monthly monetary support, a one-time incentive of INR 6,000 will also be provided to the interns on joining the program.
What are the additional benefits of joining an internship?
Additional benefits include certification after completing the internship successfully. Moreover, the interns will be covered under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.
How many internship opportunities can I apply for?
You can apply for up to 5 internship opportunities in one cycle of the Prime Minister Internship Scheme.
Can I make changes to my internship preferences once selected?
Yes, candidates will have the option to make changes to their internship preferences. This can be done as many times as required by the candidates. The process involves logging in to the official portal, reaching the dashboard, and making changes as required.
How many internship offers will I receive?
Each candidate will receive a total of 2 internship offers from partner companies. Candidates will have to choose either of the two offers as per their qualification and specialisation of knowledge.
Is there enough employment scope after completing the PM Internship Program?
The Prime Minister internship scheme does not guarantee any employment opportunities. However, candidates can make efforts to gain working know-how in an open environment and learn appropriate skills. It will be up to the partner companies if they retain any candidates for employment after an internship.
Can I get leave during my internship?
Yes, candidates can take leave as per the policy of the partner company. Moreover, they will also get leave during selected holidays of the company.
What should I do if I face a medical or any other emergency during my internship?
In case of a medical emergency or any other emergency, candidates may be granted a sabbatical (break) of up to two months. Sanction of Sabbatical Leave will be subject to the company’s policies.