Internship Scheme
PM internship openings cross 90,000 before portal opens Sat, source says
This story was originally published at 21:34 IST on 11 October 2024
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NEW DELHI – A day before the portal for the Prime Minister Internship Scheme opens for applicants, the number of internship opportunities posted on the portal increased to 90,849, according to a source in the Ministry of Corporate Affairs. The number of internship postings on the portal was around 50,000 till Wednesday, Informist had reported earlier this week.
The government last week rolled out the pilot portal to facilitate a one-year internship scheme for the youth, announced in the Budget for 2024-25 (Apr-Mar). Candidates can register to apply for internship openings on the portal from Saturday, the source said.
As of Friday, 193 companies had posted internship openings, including Reliance Industries Ltd., Maruti Suzuki India Ltd., Eicher Motor Ltd., Larsen & Toubro Ltd., Muthoot Finance, the source said. The internship opportunities are available for 24 sectors such as oil, gas and energy sector, travel and hospitality, automotives, banking and financial services, among others.
Finance Minister Nirmala Sitharaman had said in the Budget speech in July that the scheme would provide internships to 10 million youths over five years. The internships will be provided in the country's top 500 companies. Those selected for internships will get an allowance of INR 5,000 per month and a one-time assistance of INR 6,000. The companies will be expected to bear the cost of training and 10% of the internship cost from their corporate social responsibility funds, the finance minister had said. End
Reported by Shubham Rana
Edited by Akul Nishant Akhoury
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