PM Internship Scheme 2024: Over 1.55 Lakh Candidates Sign Up for Opportunities

Discover the PM Internship Scheme 2024, offering over 1.55 lakh candidates a chance to intern with top companies in India. Learn about eligibility, financial support, and application details.

The PM Internship Scheme 2024 is an exciting initiative aimed at providing valuable work experience to young individuals in India. Launched recently, the scheme has already attracted over 1.55 lakh candidates eager to take part in internships across various sectors. Scheduled to begin on December 2, this program offers not only a chance to gain professional experience but also financial support to ease the burden of pursuing internships.

Financial Assistance for Interns

Under the PM Internship Scheme 2024, selected interns will receive a monthly stipend of ₹5,000 for a full year, along with a one-time grant of ₹6,000. This financial assistance is designed to help candidates manage their expenses while gaining valuable experience in their chosen fields. With the rise in competition and the demand for skilled professionals, such initiatives are crucial in equipping youth with the necessary tools to succeed in the workforce.

Registration and Application Process

The dedicated registration portal for the PM Internship Scheme 2024 went live at 5 p.m. on October 12, 2024. Within a short span, more than 155,109 candidates have registered, surpassing the initial target of 1.25 lakh for the pilot phase. Interested candidates between the ages of 21 and 24 can apply through the portal managed by the Ministry of Corporate Affairs at ‘www.pminternship.mca.gov.in‘. This user-friendly platform simplifies the application process, ensuring that candidates can easily access and apply for internships.

Expanding Internship Opportunities

The Ministry of Corporate Affairs has reported that the PM Internship Scheme has added over 80,000 internship opportunities across 24 diverse sectors in just one week. These sectors include oil and gas, energy, travel, hospitality, automotive, and many more. By bridging the gap between education and employment, this scheme aims to provide invaluable experience to young individuals, preparing them for the challenges of the job market.

Benefits of the PM Internship Scheme 2024

1. Skill Development

One of the primary objectives of the PM Internship Scheme 2024 is to enhance the skill sets of young candidates. Internships provide hands-on experience, allowing participants to apply their theoretical knowledge in real-world scenarios. This practical exposure is essential for building competencies that employers highly value.

2. Networking Opportunities

Internships often lead to professional connections that can be instrumental in a candidate’s career. Through the PM Internship Scheme, participants will have the chance to interact with industry professionals, mentors, and fellow interns, creating a network that can benefit them in future job searches.

3. Increased Employability

Having an internship listed on a resume significantly boosts a candidate’s employability. The PM Internship Scheme 2024 focuses on providing experience with top companies in India, making candidates more attractive to potential employers in the competitive job market.

Eligibility Requirements for the PM Internship Scheme

To qualify for the PM Internship Scheme 2024, applicants must meet specific educational and age criteria:

• Educational Background: Candidates should have completed their high school education and possess certifications from an ITI, a diploma from a Polytechnic Institute, or a degree such as BA, BSc, BCom, BCA, BBA, or BPharma.
• Age Limit: Applicants must be between the ages of 21 and 24 at the time of application.
• Online Learning: Students enrolled in online or distance learning programs are also eligible to apply, ensuring inclusivity for a broader audience.