Nirmala Sitharaman Launches App for Prime Minister's Internship Scheme
The app aims to streamline access to internship opportunities for youth under a program targeting one crore placements over five years.
- The Prime Minister's Internship Scheme offers 12-month paid internships in India's top 500 companies, targeting youth aged 21–24 not in full-time education or employment.
- Interns receive ₹5,000 in monthly financial assistance and a one-time grant of ₹6,000, while companies contribute 10% of costs through CSR funds.
- The scheme's pilot phase, launched in October 2024, aims to provide 1.25 lakh internships, with over 82,000 offers made in the first round.
- The newly launched mobile app features Aadhaar-based registration, a personalized dashboard, real-time alerts, and multi-language accessibility for wider reach.
- Finance Minister Sitharaman emphasized the program's role in bridging skill gaps and urged industry participation to build a skilled workforce and leverage India's demographic dividend.