India Launches Internship Scheme for 125,000 Underprivileged Youth

The pilot program aims to enhance employability by providing internships with top companies, offering financial support and insurance coverage.

Internships will commence on December 2, with a monthly stipend of ₹5,000, including a government contribution of ₹4,500 and ₹500 from companies' CSR funds.
The scheme targets youth aged 21-24 from vulnerable sections, excluding those from affluent backgrounds or with high-income family members.
Interns will receive a one-time grant of ₹6,000 for incidentals and insurance coverage under government schemes.
The program plans to expand to 10 million internships over five years, based on the pilot's success.
Eligible candidates can apply through an online portal starting October 12, with the selection process involving company assessments.