Career Opportunities with PMIP: Internship Scheme

You must be wondering why the government is providing an internship opportunity when we can directly join a good job? Or prepare and clear the multiple government jobs?

Let me tell you a normal conversation between an interviewer and an interviewee. An interviewee gives his/her best in the interview, but ends up hearing that we need someone experienced, we don’t hire freshers. Then all the new students who aspire to work end up with frustration, depression and anxiety. Here, the Prime Minister Internship Program will work as a solution to this problem and save you from entering the world of depression and anxiety. A fresh mind is not made for it, we should give them a chance. They will surely create a history for our country. 

The Prime Minister Internship Program(PMIP) is an initiative taken by the government for Indian youth that provides internships to several companies through one portal. The Minister of Corporate Affairs launched the PM Internship, allowing students to work in the government sector. Banking, Ministers, Corporations, and Industries are open to work with.

Let’s read in detail about the eligibility criteria to join the PMIP. What benefits will you get, and will it change your career in the right direction? This blog will explain each important aspect of understanding the Internship Program.

What is the PM Internship Scheme?

The Prime Minister Internship Scheme is an initiative taken by the government of India; the internship scheme will improve skills and increase the chances of employability among our youth. This will fill the gap between the traditional academic world and practical learning.

The internship scheme was launched by the Finance Minister, Nirmala Sitharaman, in the Budget session 2024-25. The aim is to provide an internship program to one crore youth in the top 500 companies who have low income in household income.       

Who is eligible for the Internship Scheme?

Eligibility : 

Criteria for registration in the scheme:  

• An Indian can apply easily without any inconvenience. Overseas Citizens of India (OCI) are also eligible for the internship scheme.
• Graduates and Postgraduates can register if their degrees were completed within the last two years. If you are in your final year, you are eligible.   
• Age is an important part of registering for the scheme; A candidate has to be aged between 21 and 24 as per the last date of registration submission.
• A candidate should not be a full-time employee and should not be part of a full-time education degree.
  No Family member is part of the government. Sector jobs or not earning more than 8 Lakhs per year.

Who is not eligible?

• Graduates from Top Degree holders, such as MBA, MBBS, CA, and CS.
• The top Institute students won’t be able to be part of the pilot project if they have studied in IITS, IIMS, IIITS, NID, and National Law Universities. 
• National Apprenticeship Training Scheme(NATS) or National Apprenticeship Promotion Scheme(NAPS) apprenticeship program, those who were part of the apprenticeship program. 

How to Apply for the Internship?

Step 1: You can visit the original website to register for the program: https://pminternship.mca.gov.in/login/.  

Step 2: Click on “Register Now” to start the registration process, which is available in Hindi and English.

Step 3: Fill out all the details carefully and complete the E-KYC verification registration process. If you use Digilocker, the process can be smooth.  

Step 4: Mention your details, including contact information, bank details, and skills and add your CV.

Step 5: Complete the registration process by clicking on Submit. 

What will be the Selection Process?

The selection process has been designed keeping in mind both candidates and companies. Let’s give it a read and understand how you will become part of the internship scheme.

• Candidate Perspective: The candidate’s preference values the interest of the working department, preferred location, and types of organisations/companies.  
• Company’s Requirement: Companies will post their skill set and educational background preferences on their portals. You need to qualify to join your favourite company as an intern.
• Diversity Socially: Marginalised Communities will get preference while shortlisting the candidates: Persons with Disability(PWD), Scheduled Tribes and Other Backwards Classes(OBC). This will show India's adaptation towards equal opportunities for all Indians.
• Attentive towards people who get fewer job opportunities in the industry due to a rural background and the financially weaker section.
• The Resumes should be double-spaced & tailored to the number of companies' vacancies, then the Govt. The department will bifurcate and share the CVS to the companies with double the number of vacancies.
• The companies will choose based on the preferences and needs of the company. Companies can decide whether to take the interview or any assessment test for the internship opportunity.
• The candidate will get an acceptance letter through the portal with the location, position, and stipend.
• Accepting or rejecting the offer letter is completely in the candidate's hands.          

Advantages of the Internship Scheme 

The Internship Scheme will not only give you an internship at a good company. You get several other benefits while being in the internship scheme. This scheme comes under the Direct Benefit Transfer (DBT) Scheme. We are going to learn about the benefits here:

Stipend:

• Monthly: You will get 5,000/- monthly for the duration (12 months) of the internship. The company will provide you with 500 rupees based on the company’s CSR fund. 4,500/- will be given by the DBT scheme to the Aadhaar-connected bank account.
• Expenses: DBT will provide you with a one-time 6,000/- rupees amount in your bank account when you go to the internship location.
• Insurance: The Government will provide insurance coverage to each intern under the insurance scheme of the Government. Of India by Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana. The company will also provide candidates with accidental insurance.  
• Networking: For a 21-year-old, this will help you gain new and best connections in your career. You will be connected with the right people at the right time in your life, which will lead you towards big career opportunities.  

The government has focused on providing 1 crore youth the internship opportunities in the upcoming five years. As researchers say, in India, only half of the working-age people are currently working. The rest are either preparing for the government. Exams or wasting their time in irregular activities which will end up with them with nothing.  

Grab a Chance to Work with these Brands :

All the big brands have joined the Prime Minister's internship scheme to provide better careers to the Indian youth. Reliance, TATA, HDFC Bank, Infosys, Wipro, Bajaj Finance and other big companies. You can check and see which company you want to join here: Partner Companies.  

Conclusion

The PM Internship Scheme is the best career-starting opportunity for youth; candidates will get good exposure to the industry with this internship opportunity. This is not just an internship scheme; it will open multiple chances for a candidate to enhance his/her skills with the best companies in the market. This blog has shared all the necessary information for a student to know about the Prime Internship Scheme. If you still have any doubts regarding the process, feel free to ask in the comments section.

Sardar Patel Academy & Research Centre wishes you the best of luck in the internship scheme, and if you don’t have the skills required to apply to this internship scheme. Do not worry, Sardar Patel Academy & Research Centre will teach you these skills through its best courses with the guidance of experienced faculty. You can share your enquiries here: Click Here.