Around 6.5 lakh applications come in for PM’s Internship Scheme pilot project
The Hindu
PM Internship Scheme attracts 6.5 lakh youth for 1.27 lakh opportunities in top companies, offering on-the-job training and stipend.
As many as 6.5 lakh youth had applied for internships under the PM Internship Scheme in Top Companies (Scheme) pilot project as of Friday last, when the window closed for the 1.27 lakh opportunities initially being offered by Corporate India under the scheme, according to government sources.
The project is aimed at providing on-the-job training to one crore people over five years.
The number of applications does not equate to the number of individual applicants, clarified an official source, as every applicant can apply for five different internships that have been offered.
The scheme’s pilot, learnings from which would be used to scale it up for a full-fledged roll-out, has attracted internship offers from 280 major firms such as Tata Steel, ITC Limited, ICICI Bank, and the Mahindra Group.
The deadline for applications was extended from November 10 to November 15 to provide youngsters more time to apply.
Unemployed youth between 21 and 24 years of age, who do not have a family member earning over ₹8 lakh per annum, are eligible for the scheme.
Companies that have signed up for the scheme would now begin the selection process. As per the original timeline, the selected interns are expected to begin their year-long tenure with companies on December 2.
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