Overview
- As of August 12, partner companies extended about 1.53 lakh offers across two rounds, with 28,141 acceptances in round one and 24,131 in round two.
- Finance Minister Nirmala Sitharaman reported acceptance rates eased from roughly 34% in round one to 30% in round two.
- Only about 8,700 candidates joined in round one, contributing to an overall joining rate of around 6% cited in parliamentary replies.
- Participation expanded from 280 to 327 companies, which posted over 1.27 lakh and 1.18 lakh opportunities respectively, drawing more than 10.7 lakh applications combined.
- The government attributes weak conversion to location constraints, internship duration and students pursuing higher education, with notable state variation such as Andhra Pradesh leading in applications.