Much-awaited Prime Minister Internship Scheme Now Live-Incorporating Portal Opportunity for Candidate Registration
This new scheme by Prime Minister, which empowered the Indian youth. Gives out one-of-its-kind opportunities for the eligible candidates to acquire knowledge. Skills in the employability of participants across different industries. Here is the break up of the scheme, objectives, and how you can apply for it.
Eligibility Criteria and Essential Points for Prime Minister Internship Scheme
The Prime Minister Internship Scheme is offered to candidates of age group 21-24 years. Under which they will be provided with internship opportunities in any of India’s top 500 companies. The scheme has recently been announced by Finance Minister Nirmala Sitharaman during Union Budget 2024. This scheme is so designed that it equips young talents with particular skills to succeed in the current competitive job market.
The dedicated portal for the scheme at, www.pminternship.mca.gov.in is now live for registration. By candidates and has been developed by the Ministry of Corporate Affairs. Tools such as Aadhaar-based registration with auto-generation of bio-data are availed to streamline access to internship opportunities smoothly.
Prime Minister Internship Scheme: Launch of the Scheme and Cost
It is estimated to cost the nation around Rs 800 crore since this is a pilot project. Under the scheme, on December 2, 2024, internships will start under diverse heads of oil and gas and energy, travel. And hospitality, automotive, among others, thus offering great exposure to participants. The government feels that this is an important aspect of youth empowerment and skill development.
Diverse opportunities across all industries
According to sources at the Ministry of Corporate Affairs. The portal, since its launch has already listed over 80,000 opportunities covering 24 different sectors. These sectors, amongst others, include:
- Oil, Gas, and Energy
- Travel and Hospitality
- Automotive
- IT and Software
- Healthcare
- Manufacturing
This diversified scope in the industry sectors affords entry to young professionals from diverse educational backgrounds. To acquire opportunities and apply skills within the practical spectrum and according to their career interests.
Stipend and Financial Support
Students to be selected under the Prime Minister Internship Scheme will be paid a stipend of Rs 5,000 per month for the 12-month internship period. Besides, there is a one-time grant of Rs 6,000 given as cost towards the initial set-up incurred during the very beginning of the internship.
This fund caters to providing money for interns to cover basic needs while working, thus being able to focus on learning and growth.
This stipend is offered by the government to allow everyone who qualifies, irrespective of the background of their family income, to reach the opportunities that interns have.
How to Apply for the Internship:
Interested candidates can apply for the internship by visiting the official portal www.pminternship.mca.gov.in. Through Aadhaar-based registration, the application process has been streamlined to ensure a hassle-free and secure onboarding procedure. The portal further helps candidates in preparing their professional profile by ensuring tools like bio-data generation.
Once registered, interns can view and apply to internships across a range of sectors that best fit their skills and interests. The portal ensures that applicants are afforded exposure to the top 500 companies in India: something that is unrivaled in terms of exposure to industry practices and professional networks.
Conclusion
The scheme proposed by the Prime Minister of India could revolutionize the world by bridging this gap by employing the Indian youth. Young professionals would be given experience through internships in large-sized top companies working in all sectors. Thus, they would come to gain very valuable experience and skills necessary to achieve a career goal. Therefore, with financial assistance and a wide range of opportunities, this scheme would be the game-changer for India’s next generation of leaders and professionals. All interested candidates can now visit ww.pminternship.mca.gov.in and apply for this unique opportunity to accelerate their career moves.
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