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3d ago

Corporate Bhawan Opens in Kolkata, Housing First PM Internship Scheme Facilitation Centre

The state-of-the-art facility consolidates key regulatory offices under one roof and supports a nationwide youth internship initiative targeting one crore placements over five years.

Union Finance Minister Nirmala Sitharaman
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Overview

  • Finance Minister Nirmala Sitharaman inaugurated the Corporate Bhawan in New Town, Kolkata, on May 1, 2025, as a centralized hub for Ministry of Corporate Affairs offices.
  • The seven-story, energy-efficient building spans 13,239 square meters and integrates offices like the Registrar of Companies, SFIO, and NCLT (Kolkata Bench) for streamlined corporate compliance.
  • The first facilitation centre for the Prime Minister’s Internship Scheme (PMIS) was launched on the building's 7th floor to guide youth in securing internships and provide career counselling.
  • The PMIS, targeting one crore internships over five years, has already seen over 1.18 lakh opportunities posted nationwide in its second round of implementation.
  • Corporate Bhawan embodies the government’s focus on Ease of Doing Business, offering a single-window interface for regulatory services and fostering enterprise formalization.