Prime Minister Internship Scheme 1 Crore Youth– The Prime Minister’s Internship Scheme pilot initiative was introduced by the government today. The program, which was unveiled by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25 is to give one crore young people over five years internship opportunities in top 500 organizations. All students who have finished their schooling will be eligible for internships under this program, which is run by the Indian government. Under the scheme, all chosen applicants would get a monthly stipend and financial help from the Government of India. In this post, you get every necessary information regarding this scheme such as benefits, objectives, eligibility criteria, required documents and application procedure.
Prime Minister Internship Scheme 1 Crore Youth
The Union government on Thursday launched a website for the top 500 Indian corporations to participate in the one-year internship program that was announced in this year’s Union Budget, with the goal of narrowing the skill gap between the skill sets of young people without jobs and those that businesses want. According to the declaration made by India’s finance minister, 1 crore young people would profit from this program.
The Government of India hopes that by offering internships, young people in the nation will get valuable experience that will make finding employment easier. The Prime Minister Internship Scheme 1 Crore Youth 2024 benefits are only available to candidates who meet the qualifying requirements. To apply, go to the official website and complete the online form.
Read Also – PM Internship Scheme
Table of Contents
Overview of Prime Minister Internship Scheme 1 Crore Youth
| Name of the scheme | Prime Minister Internship Scheme 1 Crore Youth |
| Launched by | Government of India |
| Beneficiaries | Youth of nation |
| Objective | To provide intership |
| Official Website | https://pminternship.mca.gov.in/login/ |
Objective of Prime Minister Internship Scheme 1 Crore Youth
The primary goal of this program is to provide work possibilities for young people. The chosen youngster under the plan would get a monthly stipend of up to Rs.5000, as per the Government of India. The candidates would receive a one-time financial support of Rs.6000 in addition to a monthly stipend. Those children who are chosen will get the opportunity to do an internship with one of India’s top 500 organizations. The students without jobs were able to stop depending on others to pay for their daily needs due to this scheme.
Benefits of Prime Minister Internship Scheme 1 Crore Youth
- There are 500 leading organizations offering internships in a range of areas.
- The program intends to help one crore adolescents without jobs during a five-year period.
- Offers a one-time financial help grant and a monthly allowance.
- Provides practical experience, exposure to industry and opportunity for professional advancement across a range of areas.
- participants are exposed to a variety of vocations and real-world business settings For a whole year.
- Exhibits a dedication to employment creation and youth empowerment.
- Seek to promote the growth of skills, improve employability and establish routes to prospects for long-term work.
- It promotes young employees from a variety of backgrounds, including ITIs and skill centers.
- It makes sure that the selection process is transparent, which reduces prejudice and increases impartiality when choosing candidates.
- To close the skill gap in the workforce, the program seeks to educate nearly 10 million young people over the course of five years.
Eligibility Criteria
- The applicants have to be between the ages of 21 and 24.
- The applicants shouldn’t be working a full-time job.
- Candidates from households with government workers are not eligible to run.
- Individuals who studied at famous colleges like IITs, IIMs or possess certifications like CA or CMA are not eligible.
- The application is open to youth training at Kaushal Kendras (skill centers) and Industrial Training Institutes (ITIs).
Required Documents
- Aadhaar card
- PAN card
- Ration card
- Address proof
- Email ID
- Mobile number
Selection Process
- The selection of interns will be handled by a backend automated procedure to reduce prejudice.
- Employers will examine the applicants that the algorithm has automatically chosen.
- The selection procedure will be restarted if a corporation is not happy with the applicants who were chosen automatically.
- The selection procedure will be supervised by a panel of representatives from the government and business.
- The panel will handle any concerns that come up and make sure the selection procedure is impartial and compliant.
Application Process of Prime Minister Internship Scheme 1 Crore Youth
- First, you have to visit the Official Website of the scheme.
- The homepage will appear on your screen.
- Click on the register now option.
- A new page will appear on your screen.
- Enter all the necessary details in the form.
- You have to upload all the necessary documents.
- Click on the submit button.
FAQ’s
Que– Who launched the 1 Crore Youth 2024 Prime Minister Internship Scheme?
Ans- The Prime Minister Internship Scheme 1 Crore Youth 2024 was launched by India’s Finance Minister.
Que- What is the monthly stipend that will be given under the 1 Crore Youth Prime Minister Internship Scheme in 2024?
Ans- Under the Prime Minister Internship Scheme 1 Crore Youth 2024, a monthly stipend of INR 5,000 would be provided.
Que- What is the official website of this scheme?
Ans- pminternship.mca.gov.in