PM Internship Scheme 2024: How to Apply for Paid Internship to Get Real World Corporate Experience?

These 12-month internships are designed to enhance the employability of participants across a wide range of sectors.

How to Apply for PM Internship Scheme 2024 and what are its eligibility criteria and application procedure? In the Union Budget 2024-2025, the Indian government introduced the Prime Minister’s Internship Scheme (PMIS), aimed at providing young Indians with valuable hands-on experience in the corporate sector. Over the next five years, the scheme targets placing one crore young individuals in internships across the top 500 companies in India. A pilot phase, set to launch in the 2024-2025 financial year, aims to offer 1.25 lakh internship opportunities to qualified students as the initial step toward full-scale implementation.

The PM Internship Scheme bridges the gap between academic learning and real-world work environments. These 12-month internships are designed to enhance the employability of participants across a wide range of sectors.

Participating companies for the pilot phase are selected based on their Corporate Social Responsibility (CSR) expenditure over the last three years. While participation is voluntary, the list of companies will be made available on the PM Internship Scheme Portal. (How to Apply for PM Internship Scheme 2024 and what are its eligibility criteria and application procedure?)

PM Internship Scheme 2024 Eligibility Criteria

Applicants must be between 21 and 24 years old at the time of application.
Candidates should not be employed full-time or enrolled in full-time education, although those in online or distance learning programs are eligible.
Individuals with qualifications ranging from high school diplomas, ITI certificates, and polytechnic diplomas to undergraduate degrees (e.g., BA, B.Sc., B.Com., BCA, BBA, B.Pharma) can apply.
Those with degrees from prestigious institutions such as IITs, IIMs, National Law Universities, IISERs, and IIITs, or qualifications like CA, CMA, CS, MBBS, BDS, MBA, and higher degrees, are ineligible.
Candidates who have participated in other apprenticeship or skill development programs under central or state governments are also not eligible.
Applicants with a family income exceeding â‚¹8 lakh per annum are disqualified from applying.

PM Internship Scheme 2024: Application and Selection Process

Interested candidates can apply online via the official portal, pminternship.mca.gov.in. Applicants must create a profile by providing their personal and educational details, verified through Aadhaar authentication.

The shortlisting process will be based on candidate preferences and company requirements. Special consideration will be given to candidates from marginalized communities, including SCs, STs, OBCs, and Persons with Disabilities (PWDs).

Companies will select from a pool of shortlisted candidates, and candidates can receive up to two internship offers per cycle. Once an internship offer is accepted, a document detailing the roles and responsibilities of both parties will be automatically generated by the portal.

This initiative promises to be a significant step toward enhancing the employability of Indian youth, giving them the opportunity to experience and contribute to the corporate world.

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