Finance
The Central Government has launched the Prime Minister Internship Scheme (PMIS) to increase young people’s employability and equip them with real-world work experience. The program aims to prepare young people for professions by providing them with hands-on experience in a variety of industries.
The government’s ambitious project intends to provide internship opportunities to one crore (10 million) young people over the next five years. The project aims to close the gap between educational and corporate expectations.
Pilot Phase Already Underway
The Pilot Phase of the PM Internship Scheme began in 2024-25, with the goal of providing 1.25 lakh internship opportunities. Selected candidates are put in firms where they receive practical experience and improve skills for the job market.
Who Can Apply?
The scheme is open to young people who are not in full-time employment. It mainly targets candidates who need exposure to workplace environments to improve their job readiness.
Eligible applicants include:
- Candidates trained at Industrial Training Institutes (ITIs)
- Individuals trained at skill development centres
- However, some candidates are not eligible to apply, including:
- Graduates from prestigious institutions like IITs and IIMs
- Candidates with professional qualifications such as CA and CMA
Internship Duration and Structure
The internships under PMIS are designed to last for 12 months. Importantly, at least half of this period will focus on hands-on work experience, ensuring that candidates gain practical skills rather than just theoretical knowledge.
Stipend and Financial Support
- The scheme also provides financial support to interns:
- Interns receive a monthly stipend from the government
- Participating companies offer additional support through CSR (Corporate Social Responsibility)
- Selected candidates also get financial assistance for incidental expenses
- Insurance coverage under government schemes is included
- This support helps ensure that candidates can complete the internship without financial stress.
How to Apply
Interested and eligible candidates can apply through the official PM Internship Scheme portal. The application process is simple and fully online.
Steps to apply:
- Register on the official website
- Fill in personal and educational details
- Upload required documents
- Select preferred internship sectors or companies
- Submit the application form
- Objective of the Scheme
- The PM Internship Scheme aims to:
- Improve job readiness among youth
- Provide real-world work experience
- Enhance skills and employability
- Connect young candidates with industry opportunities
