Government expands PM internship scheme, raises stipend to ₹9,000
Mint·3h ago·Positivity
What Happened
The government expanded the Prime Minister Internship Scheme, now allowing final-year undergraduates and postgraduates aged 18-25 to apply. Monthly stipend increased to ₹9,000 with 90% government funding. Interns receive additional ₹6,000 assistance across two tranches. One-year internship duration covers new sectors including semiconductors and renewables.
Key Entities
Prime Minister Internship Scheme (PMIS)Ministry of Corporate Affairs₹9,000 monthly stipendFinal-year undergraduatesPostgraduatesAge 18-25 yearsGlobal Capability CentresSemiconductorsRenewables