PM Internship Yojana 2024: Recently the budget has been presented by the Finance Minister of our country, Nirmala Sitharaman. Union Budget 2024-25 was presented by Nirmala Sitharaman on 23 July. In this budget, the focus has been on providing employment to the youth.
The Finance Minister has announced the launch of a new scheme PM Yuva Internship Yojana 2024 in the budget to provide employment to the youth. Under this scheme, youth will be given internship opportunities in the top 500 companies in the country. Along with this, monthly allowance and one-time assistance amount will also be provided to the youth for internship.
New scheme launched for youth
In such a situation, this government scheme is going to prove effective for the youth. The objective of this scheme is to encourage the youth for internships and provide them with more opportunities.
One crore youth will benefit through the PM Internship Yojana. If you also want to take advantage of PM Internship Yojana 2024 and want to know how much monthly allowance and lump sum assistance amount will be given to the youth under this scheme, then stay with us.
Through this article, we will provide you complete information about Pradhan Mantri Internship Yojana 2024, so that you can easily take advantage of this scheme.
Under the scheme, an internship allowance of ₹ 5000 will be available every month
One crore youth of the country will be provided benefits through the PM Internship Yojana 2024. The main objective behind starting this scheme is to reduce unemployment and provide employment opportunities to the youth. Under this scheme, an internship allowance of Rs 5000 will also be given every month.
Under the same scheme, a lump sum assistance amount of ₹ 6000 will also be available. The duration of the first phase of the PM Internship Scheme will be 2 years, while the duration of the second phase will be 3 years.
Under this scheme, the companies will bear the cost of training the youth and 10 percent of the cost of the internship will be spent from their Corporate Social Responsibility (CSR) fund.
Eligibility required for the scheme
- The applicant must be a citizen of India.
- Boys and girls above 21 years of age will be eligible for this scheme.
- Only those people between the ages of 21 to 24 years who are not in a job or are not involved in full-time education can apply.
- The applicant will have to spend at least half the time in a job environment.
- Candidates who have received education from the Indian Institute of Technology, the Indian Institute of Management, and the Indian Institute of Science Education and Research will not be eligible to apply for this scheme.
Documents required for the scheme
- Aadhar card
- Residence certificate
- Income certificate
- Cast certificate
- Ration card
- Educational Qualification
- Mobile number
- Bank passbook
- Email ID
How to apply for the scheme?
If you want to get benefits under this scheme, then you have to wait now. This is because right now only the announcement about this scheme has been made and the application process for it has not started yet.
Information about the application process will be made public only when the scheme is implemented. An online portal will be started for this, through which all the youth will be able to apply.
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FAQs -:
1. What is Internship Scheme?
Internship gives the student an opportunity to explore and develop their career and learn new skills. It provides the employer with an opportunity to bring new ideas and energy to the workplace, develop talent, and potentially create a pipeline for future full-time employees.
2. What is the MP Yuva Internship Scheme?
Mukhyamantri Yuva Internship Yojana Benefits) Graduate and post-graduate youth will benefit from this scheme. The beneficiary youth included in the scheme will also get Rs 8000 every month. First of all, the certificates of the applicants from every district will be verified under the scheme.
3. What has to be done in an internship?
What is an internship? The internship is a professional learning experience that provides skills, and practical work related to a student’s field of study or career interest. An internship gives a student an opportunity to explore and develop a career and learn new skills.
4. What is MP Yashasvi Yojana?
Under the Pradhan Mantri Yashasvi Yojana, financial amount will be provided by the government to provide higher education to the students of poor and low-income families in the country. Under this scheme, financial assistance of Rs 75,000 is given to students from classes 9th to 10th.