PM Internship scheme

1 min read

Target

  • training to one crore people over five years.

Feasibility

  • every applicant can apply for five different internships that have been offered.

Inclusion

  • Offers from 280 major companies and firms

Eligibility

  • Unemployed youth between 21 and 24 years of age,
  • Passed 10th, 12th, ITI, Polytechnic, or Diploma courses.
  • Who do not have a family member earning over ₹8 lakh per annum
  • No family member has a government job

Starting from

  • expected to begin their year-long tenure with companies on December 2.

States wise data

  1. highest being in Maharashtra at 14,694,
  2. followed by Tamil Nadu at 13,263.
  3. The lowest was from Lakshadweep, which had just two offers

Funding

  • companies will pay ₹500 per month from their CSR funds, based on attendance and conduct
  • after which the government would initiate a direct benefit transfer of ₹4,500 to the intern’s Aadhaar-seeded bank account
  • one-time grant of ₹6,000 for incidental expenses would be provided to an intern upon joining.

Refer and earn

  • Candidates can refer youth who are eligible for the scheme in the app and earn rewards.
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