Prime Minister's Internship Scheme – Pilot Project (2024-25)

Overview

The Prime Minister's Internship Scheme, announced in the 2024-25 Budget, aims to empower youth by providing internship opportunities to 1 crore individuals in India’s top 500 companies over five years. As an initial step, a Pilot Project for 1.25 lakh internships will be launched in FY 2024-25.

Key Features

• Duration: 12 months in reputed companies.
• Stipend: ₹5,000/month (₹500 from the company, ₹4,500 from the Government).
• Grant: One-time payment of ₹6,000 for incidental expenses.
• Insurance: Enrolled under Pradhan Mantri Jeevan Jyoti Bima Yojana & Pradhan Mantri Suraksha Bima Yojana.

Eligibility

• Age: 21–24 years (as of the application deadline).
• Education: High School, Higher Secondary, ITI, Polytechnic diploma, or graduate degrees (BA, B.Sc, B.Com, BBA, BCA, etc.).
• Employment: Not engaged in full-time employment or education. (Distance/online students are eligible.)

Ineligibility

• Graduates from IITs, IIMs, NIDs, IISERs, and similar premier institutes.
• Holders of professional qualifications (CA, CMA, CS, MBBS, MBA, etc.).
• Candidates training under other government schemes (e.g., NATS/NAPS).
• Family income exceeding ₹8 lakh in FY 2023-24.
• Candidates with family members in permanent government jobs.

How to Apply

Registration Period: 10th January 2025 – 21st January 2025