If you’re looking to gain valuable professional experience, the PM Internship Scheme 2025 is the perfect opportunity. Launched by the Ministry of Corporate Affairs (MCA), this scheme offers young Indian citizens the chance to intern with some of the top companies in the country. With only a few days left to register, you need to hurry! The registration deadline is March 12, 2025.
Overview of PM Internship Scheme 2025
The Prime Minister Internship Scheme was introduced in the Union Budget of 2024-25 by Finance Minister Nirmala Sitharaman. It is specifically designed for Indian youth who wish to enhance their skills and career prospects by gaining hands-on experience in professional settings. The selected candidates will get an opportunity to work with some of the leading companies in India, gaining practical knowledge that will boost their employability.
Benefits of the Scheme
Interns under this scheme are entitled to a variety of benefits:
- Stipend: A monthly stipend of Rs. 5000 for the entire internship period of 12 months.
- One-time Enrollment Grant: Rs. 6000 paid to the intern upon enrollment.
- Insurance Coverage: Interns are covered by both life and accidental insurance schemes, with premiums paid by the government.
Stipend Breakdown
The payment structure is as follows:
- Initial Payment by Company: Rs. 500 depending on performance, attendance, and conduct.
- Government Contribution: Rs. 4500 transferred to the intern’s Aadhaar-linked bank account.
- One-Time Grant: Interns receive Rs. 6000 at the start of their internship.
Insurance Benefits
Interns are provided with comprehensive insurance coverage:
- Life Insurance: Through Pradhan Mantri Jeevan Jyoti Bima Yojana.
- Accidental Insurance: Covered by Pradhan Mantri Suraksha Bima Yojana.
- Additional accidental coverage may also be provided by the company where the intern is placed.
Eligibility Criteria for PM Internship Scheme
To be eligible for the PM Internship Scheme 2025, applicants must meet certain requirements. The criteria are as follows:
Age & Citizenship
- You must be an Indian citizen.
- Applicants should be between the ages of 21 to 24 years as of the registration deadline, March 12, 2025.
Educational Qualifications & Employment Status
- You should not be engaged in full-time employment or full-time education.
- Students pursuing distance learning or online education can apply.
- You must have completed at least one of the following qualifications:
- Secondary School Certificate (SSC)
- Higher Secondary Certificate (HSC)
- Diploma from an industrial training institute (ITI) or polytechnic institute
- Undergraduate degrees (BA, B.Sc, B.Com, BCA, BBA, B.Pharma, etc.)
Note: Candidates holding professional degrees like B. Tech, MBA, or CA are not eligible.
Application Process
To apply for the PM Internship Scheme, follow these steps:
- Visit the official PM Internship Scheme website at pminternship.mca.gov.in.
- Complete the online registration form.
- Ensure that all information provided is accurate and submit the form before the March 12, 2025 deadline.
Why Should You Apply?
Here are a few reasons why you should consider applying for the PM Internship Scheme:
- Professional Exposure: Gain practical experience with top companies in India.
- Financial Support: The stipend, grant, and insurance coverage ensure you are financially supported during the internship.
- Skill Development: Enhance your career prospects by learning from industry leaders.
A Quick Snapshot of Benefits:
| Benefit | Details |
|---|---|
| Stipend | Rs. 5000/month |
| One-time Enrollment Grant | Rs. 6000 |
| Insurance | Life and Accidental Insurance Coverage |
| Eligibility | Age: 21-24, Must be Indian Citizen |
Conclusion
The PM Internship Scheme 2025 presents an excellent opportunity for young individuals to acquire hands-on professional experience. With a generous stipend, enrollment grant, and comprehensive insurance coverage, this scheme provides significant financial and career support. The chance to intern with some of India’s top companies can significantly boost your career prospects. Don’t wait—apply before March 12, 2025, and take your first step toward a brighter professional future.
Frequently Asked Questions
What is the last date for applying?
The final date to submit your application is March 12, 2025. Make sure to complete your registration before this date.
How much stipend will I receive?
Interns will be given a monthly stipend of Rs. 5000 during their internship period.
Is it mandatory to be a full-time student to apply?
No, full-time students are not eligible. However, candidates pursuing studies via distance learning or online education are eligible.
What insurance coverage will I receive?
Interns will be covered under two government-sponsored schemes: the Pradhan Mantri Jeevan Jyoti Bima Yojana (life insurance) and Pradhan Mantri Suraksha Bima Yojana (accidental insurance).
Can I apply if I have a professional degree?
No, candidates holding professional degrees like B. Tech, MBA, or CA are not eligible to apply for the PM Internship Scheme.
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