The corporate affairs ministry has sought offers from 220 more companies as it starts work on the second phase of a pilot project on the PM Internship Scheme, said people familiar with the development.
The companies expected to place internship offers include Patanjali Ayurved, Malabar Gold, Welspun Living, Balrampur Chini Mills, JK Paper, LIC Housing Finance, HDFC Ergo General Insurance, Whirlpool and SBI Funds Management, they said.
In the first phase, 280 of the 500 selected companies - including Reliance Industries, Tata Consultancy Services, HDFC Bank, Maruti Suzuki, Larsen & Toubro and Mahindra & Mahindra -had placed a total of 127,000 internship offers, exceeding the initial target of 125,000. The government had then asked the rest of the 500 companies, selected on the basis of their corporate social responsibility (CSR) spending over three years till 2022-23, to wait for the second phase. Under the first phase, about 85,000 offers have so far been formally extended to eligible candidates and about half of these have already been accepted, with more confirmations likely in the coming days, the people told ET.
About 9,000 candidates are already undertaking internships at dozens of large companies since December 2 last year when the first batch of them reported for work, they said. As many as 620,000 candidates had applied for the scheme in the first phase.
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In the first phase, 280 of the 500 selected companies - including Reliance Industries, Tata Consultancy Services, HDFC Bank, Maruti Suzuki, Larsen & Toubro and Mahindra & Mahindra -had placed a total of 127,000 internship offers, exceeding the initial target of 125,000. The government had then asked the rest of the 500 companies, selected on the basis of their corporate social responsibility (CSR) spending over three years till 2022-23, to wait for the second phase. Under the first phase, about 85,000 offers have so far been formally extended to eligible candidates and about half of these have already been accepted, with more confirmations likely in the coming days, the people told ET.
About 9,000 candidates are already undertaking internships at dozens of large companies since December 2 last year when the first batch of them reported for work, they said. As many as 620,000 candidates had applied for the scheme in the first phase.
