Why in News?
Finance Minister recently launched a dedicated mobile app for the Prime Minister's Internship Scheme and internship application window for Pilot round II is open.
- Aim – To provide internship opportunities to 1 crore youth over the next 5 years.
- Implemented by - Ministry of Corporate Affairs and its officers of the Indian Corporate Law Service (I.C.L.S.) Cadre.
- Regional Directorate- Northwestern is the key agency for implementation at the regional level.
- Pilot project I - To provide 1.25 lakh internship opportunities to the youth, launched on October 3, 2024.
- Announcement - Union Budget 2024-25.
- The scheme targets individuals aged 21 to 24 who are currently not enrolled in any full-time academic program or employment, offering them a unique chance to kick-start their careers.
- This is distinctive scheme which provides them with 12 month paid internships in top companies of India.
- Benefits
- Monthly Assistance- Rs. 5,000 per month for 12 months.
- One-time Grant - Rs. 6,000 for incidental expenses.
- Professional experience (at least six months)
- Certificate of internship from the top 300 companies
- Valuable exposure in leading companies
- Mobile App - The app will allow candidates to browse opportunities, submit applications, and receive real-time updates on their applications.
- Features
- Intuitive interface with effortless navigation
- Easy registration through aadhaar face authentication
- A personalized dashboard; and
- Real-time alerts to keep candidates abreast of new updates.
Reference
Hindustan Times - Prime Minister's Internship Scheme
