The Prime Minister’s Internship Scheme (PMIS) has taken a digital leap with the launch of a dedicated mobile app. Union Finance Minister Nirmala Sitharaman introduced the app, urging companies to actively participate in the initiative to provide better opportunities for young professionals.

PMIS Mobile App: Purpose and Benefits

The scheme aims to bridge the skill gap and prepare youth from Tier-2 and Tier-3 cities for employment by equipping them with industry-relevant skills. The finance minister emphasized that this initiative is a crucial step toward boosting job opportunities and workforce readiness.

Target of 1.25 Lakh Internships in 2024-25

For the financial year 2024-25, the government has set a target of 1.25 lakh internships under the PM Internship Scheme. The pilot phase began on October 3, 2024, and so far, over 327 companies have participated, offering more than 1.18 lakh internship opportunities.

Golden Opportunity for Companies and Young Professionals

Participation in this scheme is voluntary for companies, but Sitharaman encouraged the Indian corporate sector to embrace it in national interest and help students gain real-world experience.

Application Deadline and Registration Process

• The last date to apply for the second phase of the scheme is March 31, 2025.
• Interested students and companies can register via the official government website or through the PMIS mobile app.
• To apply, visit the PM Internship Scheme 2024 official website or download the app by searching “PM Internship Yojana” on Google Play Store or Apple App Store.

PM Internship Scheme: A Win-Win for Students and Industries

The PM Internship Scheme is a game-changer for both students and industries. It provides students with hands-on experience, while companies gain access to a skilled and trained workforce.

Financial Benefits for Interns

• Selected candidates will receive a monthly stipend of ₹5,000 for up to 12 months.
• Additionally, they will be granted a one-time financial aid of ₹6,000.
• The scheme targets providing internship opportunities to 1 crore youth over five years.

Implemented by the Ministry of Corporate Affairs, the initiative has already onboarded top-500 companies, with more expected to join soon. A structured assessment framework has also been introduced to ensure the effectiveness of the program.

With its focus on skill development, industry exposure, and career enhancement, the PM Internship Scheme is set to empower India's youth and create a stronger, job-ready workforce.