Dec 02, 2024 12:07 PM IST
The delay is because of overview of learnings from pilot scheme which purpose to supply internship alternatives for college kids at high Indian companies, stories mentioned.
The brand new PM Internship Scheme which was purported to have been launched on Monday, December 2, 2024, has been postponed with a brand new date to be introduced shortly.
The scheme was introduced within the Union Funds 2024-25 and within the longer run of a 5 yr interval, focused to supply internship alternatives to 1 crore college students(Representational Picture/Pixabay)
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The postponement is because of a overview of the insights gained from the pilot scheme which goals to supply internship alternatives for 1.25 lakh college students at high Indian companies, in response to a Enterprise At present report.
The internship scheme was introduced within the Union Funds 2024-25 by Finance Minister Nirmala Sitharaman and within the longer run of a five-year interval, focused to supply internship alternatives to 1 crore college students.
Candidates between the age of 21 and 24 years, who’ve handed at the least Class 10, are eligible for the scheme, with the federal government additionally paying every candidate a one time allowance of ₹6,000 together with a month-to-month stipend of ₹4,500 and the corporate paying one other ₹500 per 30 days to them.
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This was to enhance the employability of the nation’s youth by giving them publicity to working in giant firms.
For this, the federal government allotted ₹2,000 crore within the funds out of which ₹6.04 crore has been spent until November 20, the report learn.
The pilot run noticed 1.27 lakh internship alternatives posted by firms with 6.21 lakh functions acquired after the portal was opened for registrations from October 12, 2024 to November 15, 2024. in response to the report.
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The scheme’s record of high 500 firms is predicated on their common Company Social Accountability (CSR) expenditure over the past three years with participation within the scheme being voluntary.
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