Pradhanmantri Internship Yojana is a novel scheme of the Government of India, which is aimed at providing hands-on experience and skill development for young people. It has focused on providing practical training to the unemployed youth in some of the best companies in sectors such as engineering, social sciences, business, and economics through a number of streams. It looks forward to filling the gap between what happens in the academic field and what industry looks for so that employability among Indian youth increases by hundreds of percentages.
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Objectives of PradhanMantri Internship Yojana
The primary goals that the PradhanMantri Internship Yojana shall fulfill are:
- Practical Training: This would expose the youth to the actual business world.
- More Jobs: Equipped the youth with appropriate industry skills for jobs that would be arising.
- Financial Grant: The participants will be given a monthly stipend for the expenses of the training program.
Key Features of the Scheme
| Feature | Details |
|---|---|
| Duration | 12 months |
| Monthly Stipend | ₹5,000 (Rs. 4500 by Government + Rs. 500 by company) |
| One-time Grant | ₹6,000 for contingency expenses |
| Industry Exposure | Training in India’s top 500 companies |
| Skill Development | Practical and theoretical skill-building in various fields |
| Number of Youth Benefited | 1 crore unemployed youth over 5 years |
| Insurance Coverage | Yes |
Insurance Coverage to Interns
Every intern is insured by the Indian government through Pradhan Manthri Jeevan Jyoti Bhima Yojana and Pradhan Manthri Suraksha Bhima Yojana, while the company may have further accidental insurance coverage.
Eligibility Criteria for PradhanMantri Internship Yojana
All of the following are included as the eligibility criteria to apply under this scheme:
- Age: Between 21 and 24 years
- Qualification: High School, Higher Secondary, ITI Certificate, Polytechnic Diploma or Graduation BA, B. Sc., B. Com., BCA, BBA, B. Pharma, graduation.
- Income Limit: The family income should not exceed ₹8 lakh per year.
Note: Not applicable for students from premier institutions like IIT, IIM, National Law University, IISER, and professional or master’s degrees like MBA, CA, MBBS, etc.
Required Documents
- Proof of Age (Aadhaar, Passport, etc.)
- Educational degrees
- Bank account details
- ID Proof (PAN, Voter’s ID)
Application Procedure for PM Internship Scheme
Online Application Procedure
To apply to the Pradhan Mantri Internship Yojana online, an applicant has to follow the following procedures.
- Official website: The applicant needs to log in to the official website- Click here .
- Registration: You need to fill in the personal information, such as name, age, and educational qualification.
- Upload Documents: Upload scanned copies of necessary certificates and documents.
- Fill out the online application form: All the details will have to be filled up, and then you can submit the online application form.
- Prepare Resume: An automated resume will be generated using the information filled.
- Apply for Internship: You would be having a list of companies which offer internships; then apply based on preferences.
Offline Process of Application
Applicants can apply offline as well by visiting nearby government institutions such as ITI, Polytechnic or Engineering colleges:
- Application Form : Take a copy from the institute then fill out the application form.
- Personal and Educational Details : Fill in the form details of all personal and educational details.
- Attach Copies of Documents: Attach the photocopies of necessary documents to the application.
- Submission: Submit the duly filled form to the institute.
- Verification: Information is verified by the institution, and an application is filed for the same.
Implementation Process of Internship Scheme
There are 2 phases for the Pradhan Mantri Internship Yojana will be implementation:
- Phase 1: 30 lakh youth training
- Phase 2: Training of 70 lakh youth under different sectors in the span of five years
The government executes the measures phased to reduce unemployment step by step by preparing a skillful workforce.
Benefits of Pradhan Mantri Internship Yojana
| Benefit | Description |
|---|---|
| Skill Enhancement | Equips youth with real-world skills in various fields. |
| Financial Support | Provides a monthly stipend of ₹5,000 to support interns. |
| Practical Experience | Interns gain work experience in India’s top companies, enhancing their resume. |
| Employment Opportunities | Increases the chances of getting employed post-internship in reputed firms. |
| Reduced Unemployment Rate | Contributes to the nation’s efforts to reduce unemployment by providing job-ready skills. |
The Need for PradhanMantri Internship Yojana
As with the rapid evolution of industries, knowledge from an educational institution alone has proved not to be enough preparation of students for professional roles. This scheme helps bridge the need for students to experience reality whilst transitioning from educational institutions into the workplace.
Background and Launch
Finance Minister Nirmala Sitharaman came up with the scheme of Pradhan Mantri Internship Yojana during her 2024 budget and launched the same on 3 October, 2024. Under the scheme, the first phase aims at 1.25 lakh youngsters and will train 1 crore youth by the end of March 2025.
Frequently Asked Questions (FAQs)
1Q.Who can apply for PradhanMantri Internship Yojana?
A: Indian citizens between 21 and 24 years of age who are graduates up to a graduation degree and not holding advanced or professional degrees are eligible for the scheme.
2Q. How long is the internship?
A: The internship program under the scheme would be for 12 months.
3Q. How much stipend will the interns get?
A: The interns would be given a monthly stipend of ₹5,000.
4Q: Can one apply offline?
A: Yes, one can apply offline via government institutions such as ITI or Polytechnic colleges.
5Q. What is the PradhanMantri Internship Scheme’s last date ?
A: The PradhanMantri Internship Scheme deadline is extended to November 15, 2024
6Q) How can I apply online for Pradhamantri internship scheme?
A: The way for online applications through the Pradhan Mantri Internship Scheme also has a very simple procedure. Official website: pminternship.mca.gov.in Now, follow above registration process.
Conclusion
The PradhanMantri Internship Yojana is the all-inclusive scheme that will provide the youth in India with the skills required and the experience needed in order to thrive in today’s working environment. It assists as a way of curing unemployment and better employability, given that it offers financial assistance, experience through top companies, and hands-on practice. It’s a great chance for the eligible youth to get exposure and prepare themselves for the professional atmospheres awaiting them.
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