HYDERABAD: The registration process for the Round 2 of Prime Minister’s Internship Scheme has commenced. The scheme was announced by Union Finance Minister Nirmala Sitharaman during her Budget speech on July 23 last year and was launched on October 3.
The scheme aims at providing internship opportunities to 1 crore youth in the top 500 companies in the next five years.
Companies will upload their internship positions, and candidates can submit applications from October 12, 2024.
The enrollment for the first round began on October 12, 2024 and continued until October 25 for the first batch.
The registration for the second round will remain open until March 12, the official website, https://pminternship.mca.gov.in/login/, says.
#PMInternship scheme is again open for the candidates to apply!!
Apply now and grab this #opportunity at https://t.co/82MfpIK7H8 pic.twitter.com/mGCG8h2jTg
— PIB MCA (@PIB_MCA) February 17, 2025
Salient features
Hands-on experience
The scheme will enhance employability of the youth by offering them hands-on experience in real business environments. The scheme is aimed to bridge the skills gap and drive sustainable growth in India. It is 12 months real-life experience in India’s top companies.
Monthly stipend
A monthly stipend of Rs. 4,500 will be given to the interns from the Central government via DBT (Direct Benefit transfer), with an additional Rs. 500 provided by the respective company’s CSR fund. Candidates are eligible for one-time grant of ₹6000 for incidentals.
Insurance coverage
The scheme offers insurance coverage for every intern under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana by Government of India.
Eligibility criteria
Candidates aged between 21 and 24 years who are not engaged in full-time job are eligible for the one-year internship programme.
Internships are available to those who have passed class 10 or higher. Individuals from families with government jobs cannot apply. The scheme is also not open to post-graduates.
A candidate who graduated from premier institutes such as IIT, IIM, or IISER, and those who have CA, or CMA qualification is not be eligible to apply for the internship programme.
Anyone from a household that includes a person who earned an income of Rs. 8 lakh or more are not eligible.
How to apply for PM internship scheme?
Interns can register in the portal and apply for internships.
Candidates need to register on the official website, https://pminternship.mca.gov.in/login/ and apply. They need to share and self-certify data about their educational qualifications and residential pin codes.
Candidates’ data will be matched with companies’ needs and locations and candidates will be shortlisted.
The portal is designed to streamline the application process and make candidate selection more transparent. Applicants can check the status of their applications in the portal.
For user manual for registration and profile creation, click here.
For user manual for internship application, click here.
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