PM internship scheme empowers youth with real-world skills, says expert
Trending News
1 week, 3 days ago

PM internship scheme empowers youth with real-world skills, says expert

India Today  

India is at a pivotal point in its economic journey, grappling with a widening skill gap that poses a significant challenge to growth across key industries. Highlighting its transformative potential, Sumit Kumar, Chief Strategy Officer, TeamLease Degree Apprenticeship, highlighted, "The PM Internship Scheme emerges as a transformative intervention, bridging this gap by integrating structured, practical training with financial support. Through monthly stipend support of Rs 5,000 and a one-time allowance of Rs 6,000, the programme enables participants to gain real-world experience alongside theoretical education, preparing them to meet industry requirements. BOOSTING WORKFORCE EFFICIENCY AND ENGAGEMENT Kumar elaborates, "The scheme's impact on economic productivity is profound, creating a ripple effect across industries by reducing onboarding times and allowing industries to integrate skilled manpower more efficiently. In essence, the PM Internship Scheme is not just a skill-building initiative; it represents a cornerstone for enhancing India's economic productivity.

Scheme Kumar Economic Productivity  realworld  economic  internship  industries  workforce  expert  skills  training  support  scheme  skilled  million  youth  industry  empowers

History of this topic

PM Internship Scheme 2024 receives 6.21 lakh applications for 1.27 lakh openings
1 week, 3 days ago

PM Internship Scheme 2024 receives 6.21 lakh applications for 1.27 lakh openings

India Today  

The Prime Minister's Internship Scheme has received an overwhelming response, with 6.21 lakh applications submitted for 1.27 lakh opportunities. The pilot phase of the Prime Minister's Internship Scheme, launched on October 3, aims to provide 1.25 lakh internship opportunities during the 2024-25 period. According to a release from the Ministry of Corporate Affairs on Sunday, approximately 6.21 lakh applications have …

Mint Primer | PM Internship scheme: will it be a game changer?
1 month ago

Mint Primer | PM Internship scheme: will it be a game changer?

Live Mint  

The Prime Minister Internship Scheme is expected to be officially launched soon. The scheme, which will attempt to plug the gap between skills in demand and readiness of the workforce, could turn out to be a game changer in the jobs arena. The PM Internship Scheme, announced in the FY25 budget, will offer 12-month internships in top companies to 10 …

PM internship scheme 2024 likely to be launched soon: Will students get job after internship?
1 month ago

PM internship scheme 2024 likely to be launched soon: Will students get job after internship?

India TV News  

The Prime Minister’s Internship Scheme is likely to be released soon. The scheme was supposed to have been launched on Monday, December 2, 2024, but has been postponed due to a review of the insights gained from the pilot scheme which aims to provide internship opportunities for 1.25 lakh students at top Indian firms. The internship scheme was announced in …

PM Internship Scheme: Interns begin their journey with leading firms
1 month ago

PM Internship Scheme: Interns begin their journey with leading firms

India Today  

Interns from across the country have begun their professional journeys under the PM Internship Scheme, designed to boost youth employability. This initiative has been welcomed enthusiastically by India's corporate sector, with participating companies committed to equipping interns with the skills and experience needed to contribute meaningfully to the workforce. LEADING COMPANIES WELCOME INTERNS Interns from various locations have joined leading …

PM internship scheme receives 6.2 lakh applications for 1.3 lakh positions
1 month ago

PM internship scheme receives 6.2 lakh applications for 1.3 lakh positions

India Today  

The PM Internship Scheme has garnered an overwhelming response, with over 6.2 lakh applications submitted for approximately 1.3 lakh available opportunities, according to information presented in the Lok Sabha on Monday. The pilot project focusses on the top 500 companies by CSR spending, which have shown significant interest in the scheme. Designed to train one crore students over five years, …

PM Internship Scheme 2024 launch delayed as pilot scheme insights need to be reviewed: Report
Trending News
1 month ago

PM Internship Scheme 2024 launch delayed as pilot scheme insights need to be reviewed: Report

Hindustan Times  

The PM Internship Scheme 2024 launch has been deferred as learnings from the pilot scheme had still to be reviewed. The ambitious PM Internship Scheme, that spans 12 month, will provide one crore candidates internship opportunities in the top 500 companies in five years. Under the ambitious PM Internship Scheme, that spans 12 month, one crore candidates will be provided …

PM Internship Scheme's launch delayed, new date awaited: Report
1 month, 1 week ago

PM Internship Scheme's launch delayed, new date awaited: Report

Hindustan Times  

The new PM Internship Scheme which was supposed to have been launched on Monday, December 2, 2024, has been postponed with a new date to be announced shortly. The scheme was announced in the Union Budget 2024-25 and in the longer run of a 5 year period, targeted to provide internship opportunities to 1 crore students The postponement is due …

PM internship scheme launch postponed, new date to be announced soon
1 month, 1 week ago

PM internship scheme launch postponed, new date to be announced soon

India Today  

The highly anticipated rollout of the PM Internship Scheme, initially scheduled for December 2, has been postponed. The ambitious initiative, introduced in the Union Budget 2024-25 as part of the Prime Minister’s employment and skilling package, aims to enhance youth employability by offering internships in leading companies. The pilot phase targeted 1.25 lakh students for year-long internships, and the broader …

PM internship scheme 2024: 6.5 Lakh applications highlight challenges and MSME expansion needs
1 month, 2 weeks ago

PM internship scheme 2024: 6.5 Lakh applications highlight challenges and MSME expansion needs

The Hindu  

The pilot project of the Prime Minister’s Internship Scheme closed with 6.5 lakh applications for 1.27 lakh internship opportunities on November 15, 2024. Mr. Halder says that working with corporates is fine for getting the scheme off the ground, but restricting to corporates won’t achieve the goal of a uniform spread across different districts. “While it would help address MSMEs’ …

PM Modi likely to kick off internship scheme on 2 December
1 month, 2 weeks ago

PM Modi likely to kick off internship scheme on 2 December

Live Mint  

New Delhi: Prime Minister Narendra Modi is likely to inaugurate the ambitious PM internship scheme to skill 10 million youth in five years on 2 December in the capital, connecting a large workforce with the largest of Indian businesses, two persons familiar with the development said. In addition to the PM Internship scheme, the government is also running two other …

PM Internship Scheme may be opened to youth aged 18-25 to boost work experience opportunities
1 month, 3 weeks ago

PM Internship Scheme may be opened to youth aged 18-25 to boost work experience opportunities

Live Mint  

New Delhi: The government is looking into widening the age criterion for the PM Internship Scheme to open it to a larger number of youth, according to two people familiar with the development. As of Monday, more than 125,000 internship offerings are on the table from about 280 top companies, according to data available on a portal dedicated to the …

Prime Minister Internship Scheme 2024: Who is eligible, how to enroll
1 month, 3 weeks ago

Prime Minister Internship Scheme 2024: Who is eligible, how to enroll

India Today  

The Prime Minister's Internship Scheme, announced in the 2024 Union Budget, aims to provide 10 million internships over five years. The program offers young people 12-month internships with India’s top 500 companies, giving them hands-on experience in real-world business environments. The Prime Minister’s Internship Scheme, launched by the Government of India, offers young people the chance to intern with India’s …

Empowering youth: Why India's new internship scheme is a game changer
1 month, 3 weeks ago

Empowering youth: Why India's new internship scheme is a game changer

India Today  

India's job market is undergoing a significant transformation driven by rapid economic growth and technological advancement. REAL-WORLD EXPERIENCE: SHAPING JOB-READY CANDIDATES The growing disconnect between academic qualifications and job readiness has been a key challenge in India's labour market for years. ROAD AHEAD The new internship scheme is not just an educational initiative; it is a comprehensive strategy aimed at …

How do stipend-backed internships boost employability and real-world skills?
1 month, 4 weeks ago

How do stipend-backed internships boost employability and real-world skills?

India Today  

An increase in demand for skilled resources has intensified the need for upskilling and cross-skilling the workforce within organisations. As colleges and universities aim to ramp up their curriculum to match the needs of the industry and cater to the skilled demand pool, more work has to be done to adequately prepare students with the training and skills needed to …

PM Internship Scheme 2024 registration date extended. Details here
Top News
1 month, 4 weeks ago

PM Internship Scheme 2024 registration date extended. Details here

India Today  

The Ministry of Corporate Affairs has extended the registration deadline for the Prime Minister Internship Scheme 2024 to November 15. Launched by the MCA, the scheme aims to create 80,000 internship positions across 24 different sectors. It is part of a broader initiative designed to provide young people with practical experience and skill-building opportunities, intending to benefit around 10 million …

PM Internship Scheme 2024 registration ends today | Know eligibility, selection process and more
Top News
1 month, 4 weeks ago

PM Internship Scheme 2024 registration ends today | Know eligibility, selection process and more

India TV News  

PM Internship Scheme 2024: The Ministry of Corporate Affairs will close the ongoing registration process for the Prime Minister Internship Scheme 2024 today. The PM Internship Scheme was launched as part of the government’s initiative to combat youth unemployment. Go to the official website, pminternship.mca.gov.in Navigate the registration link It will redirect you to a form You need to register …

Prime Minister's internship scheme registrations to end today. Details here
1 month, 4 weeks ago

Prime Minister's internship scheme registrations to end today. Details here

India Today  

The Ministry of Corporate Affairs will close registration for the Prime Minister's Internship Scheme 2024 today, November 10, 2024. INTERNSHIP OPPORTUNITIES ACROSS LEADING SECTORS The PM Internship Scheme 2024 provides 80,000 internships in 24 sectors, with participation from renowned companies such as Mahindra & Mahindra, L&T, Tata Group, and Jubilant FoodWorks. STEPS TO APPLY FOR PM INTERNSHIP SCHEME Visit the …

PM Internship Scheme 2024: Registration ends tomorrow at pminternship.mca.gov.in, how to apply, eligibility and more
2 months ago

PM Internship Scheme 2024: Registration ends tomorrow at pminternship.mca.gov.in, how to apply, eligibility and more

Hindustan Times  

The PM Internship Scheme 2024 registration window will end on November 10, 2024. Through the internship scheme, youth gain exposure for 12 months to real-life business environments across varied professions and employment opportunities. About PM Internship Scheme 2024 Through the internship scheme, youth gain exposure for 12 months to real-life business environments across varied professions and employment opportunities. Adani Group, …

PM Internship Scheme 2024 deadline approaches: Eligibility and application steps
2 months ago

PM Internship Scheme 2024 deadline approaches: Eligibility and application steps

India Today  

The Prime Minister Internship Scheme 2024 is offering Indian youth an opportunity to gain real-world experience with top organisations in the country. PM INTERNSHIP 2024 ELIGIBILITY CRITERIA To apply for the PM Internship Scheme, candidates must meet specific requirements. Follow these steps to submit your application: Visit the official PM Internship Scheme website: pminternship.mca.gov.in. Direct link to apply Through this …

Empowering youth: How stipend-backed internships boost skills and employability
2 months ago

Empowering youth: How stipend-backed internships boost skills and employability

India Today  

An increase in demand for skilled resources has intensified the need for upskilling and cross-skilling the workforce within organisations. As colleges and universities aim to ramp up their curriculum to match the needs of the industry and cater to the skilled demand pool, more work has to be done to adequately prepare students with the training and skills needed to …

Internship Scheme: 125,000 Jobs Filled, with Applications Exceeding Target
2 months, 2 weeks ago

Internship Scheme: 125,000 Jobs Filled, with Applications Exceeding Target

Hindustan Times  

India's job-creation and education plan worth ₹1.48 lakh crore has successfully exceeded its target, with total openings for apprenticeship listed by private-sector firms standing at over 125,000. The government has processed about 60,000 applications so far, with the number of companies which have joined the initiative reaching 500.

Industry, academia seek details of Centre’s internship programme for students in 500 companies
5 months, 1 week ago

Industry, academia seek details of Centre’s internship programme for students in 500 companies

The Hindu  

The industries and the academia are waiting for the details of the internship programme announced in the Union Budget by Finance Minister Nirmal Sitharaman recently. Hailing the thought process behind the scheme, National Association of Software and Service Companies president Debjani Ghosh, and chairman of the Board of Governors of IIT Roorkee and IIT Hyderabad B.V.R. Mr. Reddy, meanwhile, said …

Budget 2024: New job schemes to kick off this year, says Finance Secretary T.V. Somanathan
5 months, 1 week ago

Budget 2024: New job schemes to kick off this year, says Finance Secretary T.V. Somanathan

The Hindu  

The government is confident of launching the schemes in the Prime Minister’s package for employment and skilling announced in last week’s Budget within this financial year. High salary cut-off The top Finance Ministry official also said that the decision to incentivise hiring for first-timers with a salary limit of ₹1 lakh per month was aimed at keeping the schemes sector-neutral. …

Paid Internships and Skill Development Initiatives Welcomed by Students
5 months, 2 weeks ago

Paid Internships and Skill Development Initiatives Welcomed by Students

Deccan Chronicle  

Hyderabad: The Union Budget announcement of comprehensive scheme offering paid internships to one crore youth in India's top 500 companies has brought a wave of optimism among students, graduates, and professionals. This initiative, part of a larger effort with an allocation of Rs1.48 lakh crore for education, employment, and skilling, also includes upgrading 1,000 ITIs and providing loans up to …

Maharashtra govt announces 'Ladla Bhai Yojana' for boys after Ladli Behan scheme | READ to know its benefits
5 months, 3 weeks ago

Maharashtra govt announces 'Ladla Bhai Yojana' for boys after Ladli Behan scheme | READ to know its benefits

India TV News  

Ladla Bhai Yojana: After the success of the 'Ladli Behna Yojana', the Maharashtra government introduced the 'Ladla Bhai Yojana' for boys of the state. Under the Ladla Bhai scheme, youth will undergo a one-year apprenticeship in a factory, gaining valuable work experience that will help them secure jobs based on that experience. CM Eknath Shinde has announced that under this …

Why apprenticeship is the starting point to addressing India's skilling problem
2 years, 3 months ago

Why apprenticeship is the starting point to addressing India's skilling problem

India Today  

India is a country with a booming young populace, churning well over seven million graduates a year, helping the country realise its dream of becoming a trillion-dollar economy. We need a conscious effort to bridge the gap between job requirements and the skills possessed by college students and internships can play a big role in this. INTERNSHIPS FORM THE FOUNDATION …

Under India's Skill Initiative, 1.28 Crore Youth Trained, 56% Got Jobs
3 years, 5 months ago

Under India's Skill Initiative, 1.28 Crore Youth Trained, 56% Got Jobs

News 18  

Over 1.28 crore youngsters have been trained under the ambitious Skill India project of the Centre but only a little more than half of the candidates have managed to get job placements after completing their courses, government data shows. Under the Pradhan Mantri Kaushal Vikas Yojana programme, which was launched on July 15, 2015, by Prime Minister Narendra Modi on …

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