Launch of PM Internship Scheme 2024 Delayed for Pilot Review
The government postpones the rollout of the flagship internship program, citing the need to assess insights from its pilot phase.
- The PM Internship Scheme 2024, originally scheduled to launch on December 2, has been postponed, with a new date to be announced soon.
- The delay is attributed to the review of findings from the pilot phase to ensure the program's effectiveness.
- The scheme aims to provide one crore internships over five years in India’s top 500 companies, with 1.25 lakh opportunities targeted for the 2024-25 fiscal year.
- Candidates aged 21-24, meeting specific educational criteria, are eligible to apply, with the government offering a monthly stipend of ₹4,500 and a one-time allowance of ₹6,000.
- The program, announced in the Union Budget 2024-25, has a budget allocation of ₹2,000 crore, with ₹6.04 crore reported spent as of November 20.