Overview
The Prime Minister Internship Scheme is a government initiative aimed at providing valuable work experience to young individuals from low-income households by offering internships in top companies across various sectors.
Key Features
- Targets youth aged 21-24 years from economically weaker backgrounds.
- Provides 12-month internships in the country’s top 500 companies.
- Covers 24 sectors, including oil, gas, energy, travel, hospitality, automotive, banking, and financial services.
- Pilot Phase: Targets 25 lakh youth, with a long-term goal of 1 crore internships over five years.
Eligibility Criteria
- Must have passed 10th, 12th, ITI, Polytechnic, or Diploma courses.
- Fresh graduates from non-premier institutions are eligible.
- Household income must be ₹8 lakh or less per year.
- No family member should hold a government job.
- Excludes students from IITs, IIMs, National Law Universities, and individuals with professional degrees like CA, MBA, MBBS, etc., to promote inclusivity for underrepresented groups.
Significance of the Scheme
- Bridges the gap between academic learning and real-world experience.
- Enhances employment opportunities for youth from disadvantaged backgrounds.
- Contributes to nationwide skill development by integrating young professionals into leading industries.
The scheme reflects the government’s commitment to empowering youth through skill-building and economic inclusion.