PM Internship Scheme for Registration Begins 2024: The Prime Minister Internship Scheme 2024 is a new initiative by the Ministry of Corporate Affairs aimed at tackling youth unemployment by offering internship opportunities. The pilot program, launched as part of this scheme, seeks to provide internships to 10 million young individuals over the next five years. Applications for the internships can be submitted via the official portal (pminternship.mca.gov.in), and companies are encouraged to register.

PM Internship Scheme for Registration Begins 2024: Here’s How to Apply?

Overview of the PM Internship Scheme 2024:

• Objective: To create job opportunities for young people across the country.
• Target: The scheme aims to offer internships to 10 million youths within five years.
• Monthly Stipend: Interns will receive ₹5,000 per month, with ₹500 provided by participating companies and ₹4,500 covered by the government.
• Duration: Each internship will last for 12 months.
• Eligibility: Applicants must have completed at least higher secondary education (12th grade), possess an ITI certificate, polytechnic diploma, or a degree (BA, BSc, B.Com, BCA, BBA, B.Pharma).
• Age Limit: Candidates should be between 21 and 24 years old as of the application deadline.
• Application Start Date: October 12, 2024.
• Official Portal: The official website for the scheme is pminternship.mca.gov.in.
• Additional Benefits: The program includes a one-time allowance of ₹6,000 for incidental costs and insurance coverage under the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, with premiums paid by the government.
• Company Selection: Companies will be chosen based on their Corporate Social Responsibility (CSR) expenditures over the last three years.

Eligibility Criteria:

Candidates eligible for the program should have completed higher secondary education or possess an equivalent qualification such as an ITI certificate, a diploma from a polytechnic, or a degree in fields such as BA, BSc, B.Com, BCA, BBA, or B.Pharma. They should be aged between 21 and 24 years by the application deadline. Individuals enrolled in distance or online education programs are also welcome to apply.

Financial Support:

Interns will receive a stipend of ₹5,000 monthly throughout the 12-month program. The company will contribute ₹500 through CSR funding, while the government will provide the remaining ₹4,500. Additionally, there is a one-time grant of ₹6,000 for miscellaneous expenses, and the government will cover the costs of insurance premiums.

Application Process:

1. Visit the official website for the scheme: pminternship.mca.gov.in.
2. On the homepage, find and click the “Register” option.
3. Complete the registration form with the required details and submit the information.

Eligible Companies:

Companies participating in the program will be selected based on their CSR spending over the last three years. This may include corporations, banks, and financial institutions, with final approval by the Ministry.