Enrollment for the Modi government's PM Internship Scheme began on Saturday the day of Dussehra. The scheme is aimed at benefiting around 10 million young people over the next five years.
Under the scheme, each intern will receive a monthly allowance of Rs 5,000, and after one year, a lumpsum of Rs 6,000 as an additional benefit from the government.
Union Finance Minister Nirmala Sitharaman had announced the scheme during the Union Budget for the financial year 2024-25.
The portal www.pminternship.mca.gov.in has been started for companies.
The portal was opened for candidates on Saturday on which they can upload their qualifications and other information till October 25.
Out of Rs 5,000 stipend, Rs 500 will come from companies as part of their Corporate Social Responsibility (CSR) funds, and the remaining Rs 4,500 will be provided by the government.
Reservation policies will be followed for Scheduled Castes, Scheduled Tribes, and Other Backward Class candidates in this scheme.
Bhaskaracharya Institute for Space Applications and Geoinformatics (BISAG) will shortlist candidates between October 27 and November 7. The shortlisted candidates can decide on the internship offer between November 8 and November 15.
The estimated cost of this pilot project is around Rs 800 crore. Advertisements for the internship scheme have already been released in multiple regional languages.
The government aims to provide as many internships as possible in the districts where candidates reside.
People aged 21 and 24, who passed their 10th-grade exams and hold a valid certificate and mark sheet, can apply for the scheme.
According to reports, 111 companies out of the top 500 have already enrolled in this programme.
Hailing the endeavour, Union Minister Shivraj Singh Chouhan said unemployment benefits were not a real solution, and developing skills was a better option.
BJP leader Gaurav Vallabh Pant said that the scheme will be a game-changer.
PM Modi to address first Parivartan Rally on Dec 29 ahead of Delhi polls
The Bharatiya Janata Party (BJP) will kickstart its poll campaign for the upcoming Delhi Assembly elections, with Prime Minister Narendra Modi addressing his first Parivartan Rally on December 29 in Rohini.
PM Modi condoles Bathinda bus accident, announces ex-gratia of Rs 2 lakh to kin of deceased victims
Prime Minister Narendra Modi offered his condolences to the families of all the eight persons who lost their lives in a tragic bus accident in Bathinda, Punjab.
Home Minister Amit Shah lauds ITBP personnel for protecting border areas
Union Home Minister Amit Shah on Friday night praised the Indo-Tibetan Border Police (ITBP) personnel for safeguarding the border areas in challenging and difficult terrains and climates across the country.
Manipur: Assam Rifles provides training to over 600 to empower jobless individuals
Demonstrating its dauntless commitment towards empowering youths in violence-hit Manipur, the Assam Rifles has provided training to 660 men and women this year to upgrade their skills in various trades, officials said on Friday.
‘Outstanding statesman’: Putin mourns demise of Manmohan Singh
Russian President Vladimir Putin on Friday mourned the demise of former Prime Minister Dr Manmohan Singh, describing him as an “outstanding statesman”.
Arunachal successfully preserved its unique identity despite onslaught of modernity: CM Khandu
Arunachal Pradesh Chief Minister Pema Khandu on Friday expressed satisfaction that despite the onslaught of modernity and development, the state has not only successfully preserved its unique indigenous identity but has passed it down through generations.
Osamu Suzuki who revolutionised India’s car market with Maruti 800 no more
Osamu Suzuki, who headed Suzuki Motor Corp for more than 40 years and revolutionised India’s car market with the introduction of the popular Maruti 800 small car, has died at the age of 94.
US Embassy in India breaks record, issues 1 million visas for second consecutive year
The US Embassy and its consulate in India have scripted a new record by issuing more than one million non-immigrant visas for the second year in a row.