NEW DELHI :
MORE than 1.55 lakh candidates have signed up for the newly-launched PM Internship
Scheme in just 24 hours, according to reports citing Government sources.
The registration process for the Scheme began onSaturday, with nearly 80,000internship opportunities across 24 sectors available on the portal.
Aimed at benefiting around 10 million young people over the next five years, the
scheme was announced in the Union Budget 2024 by Finance Minister Nirmala
Sitharaman. It aims to address youth unemployment and will help connect young people with companies that are seeking talent. Major private firms such as Jubilant
Foodworks, Maruti Suzuki India, Larsen and Toubro, Muthoot Finance, and Reliance
Industries are among the 193 companies that posted internship opportunities on the
platform.
Internships are available across 24 sectors and over 20 fields, including operations
management, production, maintenance, and sales.
The initiative has also received contributions from sectors such as oil, gas, energy,
travel and hospitality, automotive, and banking. The portal ensures efficient access to
internships across sectors with Aadhaar-based registration and tools like bio-data generation.The scheme targetsover 1.2lakhinternshipsin 737districts across 28States and8Union
Territories in the current financial year. Further,
top companies are also offering positions that
could help address skill gaps and boost employment. According to the Ministry of Corporate
Affairs, which is managing the scheme, it is a
transformative initiative by the government to
ensure the skills of the youth,which will enhance
their employability.
The selected youths will get an opportunity
to do an internship in the top 500 companies in
India for a year and also get an allowance of Rs
5,000 per month and Rs 6,000 as a one-timegrant.