IT News
Imphal, Nov 6:
The Ministry of Corporate Affairs, Government of India, has started inviting applications for the Prime Minister’s Internship Scheme (PMIS) 2024.
The Prime Minister’s Internship Scheme (Pilot Project) offers an excellent opportunity for young people across the Nation. Youth from Manipur can benefit from 1.25 lakh internship opportunities offered across the Country. There are 76 internship slots available for the State of Manipur.
This initiative aims to empower the youth by providing hands-on training, enhancing employability, and building a skilled workforce for the future. The internship duration is 12 months, out of which, 6 months will be hands-on experience. The Scheme provides valuable real-world experience to the youth and bridges the education-employment gap.
The pilot project is being implemented through an online portal www.pminternship.mca.gov.in. Young individuals aged 21-24 who have completed 10th, 12th, ITI, Polytechnic, Diploma, or graduates are eligible for the benefits under the scheme. Additionally, no family member should be a government employee or have an income exceeding 8 lakhs in the fiscal year 2023-24. The registration will close on 10th November, 2024.
Under the scheme, interns will receive a monthly stipend of Rs 5,000 throughout the 12-month programme. This stipend is funded through Corporate Social Responsibility (CSR) contributions from participating companies, with Rs 500 provided by the company and Rs 4,500 contributed by the government. Interns will also receive a one-time grant of Rs 6,000 to cover incidental expenses during the internship. PMIS aims to provide internship opportunities to one crore youth in the top 500 companies in five years.
The training cost will be borne by the Company from its CSR funds. Further, insurance coverage shall be provided to each individual intern under Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, for which premium amount shall be provided by the Central Government.
