Prime Minister Internship Scheme Launched
The Prime Minister Internship scheme, an initiative by the Modi government, has opened for registration. This program aims to skill the youth and improve their employability by offering internships in the top 500 companies in India for 12 months. The registration portal went live at 5 PM on Saturday.
Details of the Scheme
The Ministry of Corporate Affairs announced that the scheme provides a monthly allowance of Rs 5000 and a one-time grant of Rs 6000. Candidates aged 21-24 can register on the portal using Aadhaar-based registration and tools like bio-data generation.
Internship Opportunities
Over 80,000 opportunities have been added across 24 sectors, including Oil, Gas & Energy, Travel & Hospitality, Automotives, and Banking. The top five states offering internships are Maharashtra, Tamil Nadu, Gujarat, Karnataka, and Uttar Pradesh.
Participating Companies
193 companies, including Jubilant Foodworks, Maruti Suzuki, and Reliance Industries, have posted opportunities. Internships are available in fields like Operations Management, Production, and Sales across 737 districts in 36 States and Union Territories.
Future Goals
The scheme aims to provide one crore internship opportunities over the next five years, with 1.25 lakh opportunities expected in FY 2024-25.
Doubts Revealed
Prime Minister Modi -: Narendra Modi is the current Prime Minister of India. He is the leader of the Indian government and makes important decisions for the country.
Internship Scheme -: An internship scheme is a program where young people can work in companies to gain experience and learn new skills. It helps them prepare for future jobs.
Top Indian Companies -: These are the biggest and most successful companies in India. They are known for their good work and provide many job opportunities.
Youth Employability -: This means helping young people get the skills and experience they need to find jobs. It makes them more likely to be hired by companies.
Portal -: A portal is a website where people can go to find information or apply for things, like this internship scheme.
Rs 5000 monthly allowance -: This is the amount of money interns will receive every month while they are working in the internship. It helps cover their expenses.
Rs 6000 one-time grant -: This is a single payment given to interns at the start of their internship. It is meant to help with initial costs like travel or supplies.
One crore internships -: One crore is a large number, equal to 10 million. The goal is to provide 10 million internship opportunities over five years.
