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PM Internship Scheme

Syllabus

GS 2: Polity and Governance

GS 3: Economy

Context: As per the recent government data, only 6% of the candidates under the Prime Minister Internship Scheme (PMIS) have joined their assigned positions.

More on the News

  • Of the 1.53 lakh internship offers made under the PMIS, a little over 50,000 were accepted, but only about 8,700 candidates (around 6%) have joined as interns so far.

First Round of Pilot Project:

  • Companies posted over 1.27 lakh internship opportunities on the PMIS Portal nationwide. 
  • In response, more than 6.21 lakh applications were received from around 1.81 lakh candidates.
  • Partner companies made over 82,000 internship offers to more than 60,000 candidates.
  • Out of these, over 28,000 candidates accepted the offers and more than 8,700 joined their internships.

Second Round of Pilot Project:

  • Partner companies posted over 1.18 lakh internship opportunities, including new and revised unfilled positions from the previous round, across 735 districts of the country. 
  • This round received over 4.55 lakh applications from more than 2.14 lakh applicants.
  • As of 17 July 2025, partner companies have made over 71,000 internship offers to youth in the second round, with more than 22,500 offers accepted. 

About the Prime Minister Internship Scheme (PMIS)

  • Announced in the Budget 2024–25.
  • It aims to provide internships in India’s top 500 companies to one crore youth over five years. 
  • The pilot project was launched on October 3, 2024, with a target of facilitating 1.25 lakh internships in one year.
  • This scheme aims at making India the ‘Skill Capital of the World”.
  • The Ministry of Corporate Affairs is implementing it with officers from the Indian Corporate Law Service (ICLS) cadre overseeing its execution. 
  • At the regional level, the Regional Directorate (Northwestern) serves as the key implementing agency.
  • A simplified PMIS Portal and a dedicated mobile app have been developed to help users easily search and apply for internships. 
  • Through this app, candidates can apply for up to three internships simultaneously, making the application process more flexible and accessible.
  • The PMIS mobile app also features a Referral Program launched by the Ministry of Corporate Affairs. 
  • Registered users can refer other eligible candidates and earn rewards for successful referrals which is available on both the PMIS mobile app and the official web portal.
  • These platforms allow candidates to filter opportunities by district, state, sector and location radius for better accessibility and convenience.

Key Benefits under the PM Internship Scheme

  • Monthly Assistance: Rs. 5,000 per month for 12 months.
  • One-time Grant: Rs. 6,000 for incidental expenses.
  • Professional experience (at least six months)
  • Certificate of internship from the top 300 companies
  • Valuable exposure in leading companies

Source

https://www.pib.gov.in/PressReleasePage.aspx?PRID=2111914 https://www.thehindu.com/business/Economy/pm-internship-scheme-6-of-recipients-of-offers-have-joined-work-so-far/article69838085.ece https://www.pib.gov.in/PressReleasePage.aspx?PRID=2113760 

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