Modi’s PM Internship Scheme of 1 Crore internship in Top 500 Companies for Youth is Live– Get Ready!

Modi’s PM Internship Scheme of 1 Crore internship in Top 500 Companies for Youth is Live– Get Ready!

Are you a young Indian eager to build your skills, gain real-world experience, and take your career to the next level? If so, the Modi Government initiative of PM Internship Scheme is an incredible opportunity coming your way. As announced by our Finance Minister Ms. Nirmala Sitharaman. This scheme aims to provide 1 crore internships over the next five years, allowing you to work with around 500 leading companies in India and get hands-on experience in a real-world work environment, all while being financially supported.

Update:  Important Dates: Registration Open from 12th of October and closes on 25th of October!
In early hour of portal opening more than 100 companies has registered for 1000+ Opportunities!

Let’s break it down and explain everything you need to know about this life-changing opportunity!


What is the PM Internship Scheme?

What is the PM Internship Scheme?

The PM Internship Scheme is a new initiative of Narendra Modi Government designed to tackle youth unemployment by providing opportunities to gain industry experience and enhance your career prospects. Over the next five years, 1 crore internships will be offered in collaboration with over 500 top companies like Mahindra, Max Life Insurance, Alembic Pharma, Capgemini, Accenture, and many others.

This scheme is especially aimed at young people who may not have access to traditional job opportunities. The goal is to bridge the gap between education and employment as per the vision of our Prime minister Narendra Modi, by giving young Indians the practical experience they need to succeed in a competitive job market.

The internship is a 12-month paid program, which will provide exposure to different industries and roles, giving you a strong foundation for your career.


Eligibility for PM Internship scheme

Who is Eligible for the Scheme?

Before you apply, it’s essential to understand the eligibility criteria so you can see if this opportunity is right for you. The PM Internship Scheme targets youth aged 21 to 24 years who are not currently in full-time employment.

Here’s a simple breakdown of who can apply:

  • Students or recent graduates from institutions like ITI (Industrial Training Institutes), Kaushal Kendras (Skill Centers), or other vocational training centers.
  • Individuals without prestigious degrees, meaning that those from IITs (Indian Institutes of Technology), IIMs (Indian Institutes of Management), or other high-ranking institutes will not be considered.
  • No government employees in the family: If your parents or close family members are government employees, you are unfortunately not eligible for this scheme.

If you meet these criteria, you’re eligible to apply and take advantage of this once-in-a-lifetime opportunity!


PM Internship Structure and Program Details

Internship Program Structure

The internship lasts for 12 months and is designed to give you both theoretical knowledge and practical work experience. Here’s what you can expect:

  • 50% of your time will be spent on hands-on work, meaning you’ll be solving real-world problems, working on projects, and learning through doing in your field. This is a great way to apply what you’ve learned in school or training to actual work scenarios.
  • Mentorship and guidance: Each intern will be assigned a mentor in the company who will guide them throughout the internship, helping them navigate the challenges of the job and grow professionally.

The program is set to cover a wide range of industries such as:

  • Information Technology (IT)
  • Banking and Finance
  • Healthcare
  • Manufacturing

This diversity of industries means you’ll be able to find an Internship role that matches your interests and skill set. You’ll not only learn valuable technical skills but also important soft skills like teamwork, communication, and problem-solving.


PM Internship Scheme Financial Support and Benefits

Financial Benefits: What’s in It for You?

The government has taken extra care to ensure that you’ll be financially supported throughout your internship so that you can focus on learning and not worry about expenses. Here’s how the financial aspect works:

  • Monthly Stipend: Every intern will receive a stipend of ₹5,000 per month, of which ₹4,500 will be provided by the government. The remaining ₹500 will come from the companies themselves as part of their Corporate Social Responsibility (CSR) initiatives.
  • One-Time Financial Assistance: You will also receive ₹6,000 as a one-time financial aid to cover any initial costs like transportation, office supplies, or other essentials you might need to get started.
  • Insurance Coverage: Your safety is a priority. As an intern under this scheme, you will automatically be covered under the PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana, providing you with essential life and accident insurance coverage during the internship period.

These benefits ensure that you can focus on building your future without worrying about financial constraints.


How to Apply for PM Internship at pminternship.mca.gov.in

How to Apply for the Internship?

Applying for the internship is straightforward, but it’s important to follow the steps carefully and meet the deadlines. Here’s a step-by-step guide to help you through the process:

  1. Visit the Official Website: Go to pminternship.mca.gov.in to begin the application process.
  2. Registration Period: You can register between October 12 and October 25, 2024. Make sure you don’t miss these dates!
  3. Prepare Your Documents: Keep your Aadhaar card, educational certificates, and a passport-sized photograph ready to upload during the application.
  4. Submit Your Application: Once all your documents are uploaded, review your details carefully, then submit your application. After that, it’s just a matter of waiting for the shortlisting process.

Make sure to apply as early as possible, double-check all your information, and don’t wait until the last minute to submit your application!


Selection Process: How Will Candidates Be Chosen?

The selection process for the internship is designed to be fair, transparent, and technology-driven. A social algorithm will be used to select candidates, ensuring diversity in terms of gender, region, and background. This means that the selection will not be biased and will give everyone a fair chance.

If selected, you will receive an internship offer directly from one of the Leading participating companies. The selected candidates will be notified shortly after the application deadline, and the internship will officially start on December 2, 2024.


Key Dates and Deadlines of PM Internship Scheme

Key Dates You Should Know

It’s essential to keep track of the important dates to ensure you don’t miss this opportunity. Here are the key dates to remember:

  • Registration Opens: October 12, 2024
  • Registration Closes: October 25, 2024
  • Internship Start Date: December 2, 2024
  • Internship Duration: 12 months

Make sure you mark these dates in your calendar and set reminders to apply on time!


Grievance Redressal Mechanism/Help centre of PM Internship Scheme

What if You Face Any Issues?

If you run into any problems during the application process, don’t worry! The government has set up a dedicated helpline at 1800-116-090. This multilingual helpline ensures that language won’t be a barrier, and you’ll be able to get assistance in your preferred language.

Additionally, you can submit queries or complaints online if needed, making it easy to get support at any stage of the process.


Final Thoughts

The PM Internship Scheme is a fantastic opportunity for young Indians to gain real-world work experience, learn from top companies, and significantly boost their employability. Whether you’re looking to build a career in IT, finance, healthcare, or manufacturing, this internship will give you the skills, knowledge, and experience you need to succeed in today’s competitive job market.

With financial support, mentorship, and the chance to work with some of India’s biggest companies, this program could be the stepping stone to a brighter future for you.


Call to Action

Ready to take the next step in your career? Visit pminternship.mca.gov.in and register for the Prime Minister’s Internship Scheme. Remember, applications are open from October 12 to October 25, 2024—so don’t wait too long. Share this opportunity with friends and family who might benefit, and make sure you’re ready to apply!


Frequently Asked Questions (FAQs)

 

1. What is the PM Internship Scheme?
The scheme offers 1 crore internships over the next five years, allowing young Indians to gain valuable work experience and improve their job prospects.

 

2. How do I apply for the PM Internship Scheme?

 You can apply online by visiting the official website pminternship.mca.gov.in between October 12 and October 25, 2024.

 

3. Who is eligible for the PM Internship Scheme?

Eligibility criteria include:

  • Age: 21-24 years old.
  • Not engaged in full-time employment.
  • Students/trainees from ITI or Kaushal Kendra are eligible.
  • Individuals with prestigious qualifications like IITIIMCA, or CMA degrees, or those from families with government employees, are not eligible.

4. What is the duration of the internship? 

The internship lasts 12 months with at least 50% hands-on experience in real-world industry scenarios.

 

5. How much is the stipend for the PM internship? 

Interns will receive a ₹5,000 monthly stipend, with ₹4,500 from the government and ₹500 from the participating companies through their CSR programs.

 

6. What financial support will I receive in PM Internship?

Apart from the monthly stipend, interns will also receive a one-time financial assistance of ₹6,000 to cover setup costs like travel or work essentials.

 

7. Are there any insurance benefits during the PM internship?

Yes, interns are covered under PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana during the internship period.

 

8. What companies are participating in the PM Internshipscheme?

Over 500 top companies are participating, including names like Mahindra & Mahindra, Max Life, Alembic Pharma, Accenture, Capgemini, CITI Bank, TCS, TATA, L&T, IBM, Samsung, and many others offering roles across sectors like IT, manufacturing, healthcare, and finance.

 

9. When does the PM internship program start?

The internships will begin on December 2, 2024.

 

10. Can full-time students apply for the PM Internship?

No, this scheme is aimed at individuals who are not engaged in full-time employment. Full-time students are not eligible to apply.

 

11. How will the selection process work for PM Internship?

Selection is based on a transparent social algorithm, ensuring fairness and diversity in gender, region, and socio-economic backgrounds.

 

12. What if I face issues during the application process of PM Internship?

You can contact the grievance redressal helpline (1800-116-090), which is available in multiple languages to assist with any problems during the application or internship period.

 

13. What sectors will the PM Internships cover?

Internships are available in various sectors such as IT, banking, manufacturing, healthcare, and more.

 

14. Is there any reservation for women or marginalized groups in PM Internship?

The selection process ensures diversity, including gender representation and consideration of regional and socio-economic backgrounds.

 

15. Can I reapply if I am not selected this year in PM Internship Scheme?

The program is spread over five years, so you can reapply in the subsequent phases if you are not selected in the current cycle.

 

16. What are the key dates for the PM Internship Scheme?

  • Registration opens: October 12, 2024
  • Registration closes: October 25, 2024
  • Internship starts: December 2, 2024

17. Will there be any training provided during the PM Internship?

Yes, the program includes mentorship and industry-specific training, with participating companies offering a combination of hands-on and theoretical learning.

 

18. How will I know if I’m selected in PM Internship?

Once selected, you will receive a notification and an official internship offer from the participating company via the scheme’s platform.

 

19. How can I track my application status of PM Internship?

You can track your application status through the official website pminternship.mca.gov.in using your login credentials.

 

20. Is there any age relaxation for applicants from reserved categories in PM Internship Scheme?

There has been no official mention of age relaxation for reserved categories as of now. Please check the official guidelines when applying for any updates.

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