Archive · 2 Jun 2025
Government Considers Expanding Prime Minister's Internship Scheme
Imagine the government is like a school principal who wants to help young adults get ready for jobs.
They started a program where young people can learn by working at companies.
This program is called the PM Internship Scheme.
It's like a special training program.
The government gives the young people money each month, and the companies also help out.
The government wants to make this program bigger because many people like it.
They are planning to give even more young people the chance to learn and work.
They are also giving the program more money so more people can join.
The government is planning to expand the Prime Minister’s Internship Scheme.
The scheme aims to bridge the gap between academia and industry.
Industry associations support the program.
The scheme was launched as part of the Union Budget 2024–25.
The government allocated ₹10,831 crore for the scheme in FY26.
- Who
- The government is expanding the scheme, which provides internships to unemployed youth aged 21–24.
- What
- The government is planning to expand the Prime Minister's Internship Scheme.
- When
- The expansion is under discussion, with plans for implementation in FY26.
- Where
- N/A
- Why
- Due to positive responses in the previous phases and support from industry.
- Scheme Name
- Prime Minister’s Internship Scheme
- Target Internships (FY25)
- 1.25 lakh
- Target Internships (FY26)
- 15 lakh
- Internship Duration
- 5 years
- Monthly Stipend
- ₹5,000
- Government Contribution
- ₹4,500
- Company Contribution
- ₹500
- Incidental Expenses Grant
- ₹6,000