Particle.news

Download on the App Store

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.
Hero image