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Urgent Reminder: Registration for Prime Minister Internship Scheme Closes on November 10

Last Call for Prime Minister Internship Scheme Applications

The registration window for young applicants on the dedicated portal under the Prime Minister Internship Scheme (PMIS)—a landmark initiative aimed at boosting employability among Indian youth—will close on November 10, as announced by the Ministry of Corporate Affairs (MCA) on Monday.

Last Call! Don’t miss your chance to apply for the PM Internship Scheme! Applications close on November 10th—seize this opportunity to shape your future!” read a social media post by the MCA on platform X.

The response to the PMIS has been overwhelmingly positive, with a diverse array of industries eager to engage young talent and shape the future workforce. To date, 280 companies have onboarded to the dedicated portal www.pminternship.mca.gov.in and offered 1.28 lakh internship opportunities under this scheme. The corporate registration window closed on October 20, official sources confirmed.

Launched on October 3, the pilot scheme under PMIS allows corporates to onboard and register their internship opportunities. The youth registration window was opened on October 12. The MCA is administering the PMIS, which was announced in this year’s union budget, to address the growing need for employable skills and industry readiness among India’s youth.

The Government has allocated ₹800 crore for the pilot scheme, aimed at providing 1.25 lakh internships to youth aged between 21 and 24 in FY’25. The target date for providing these internships under the pilot project is set for December 2. Youth aged 21-24 who have completed their 10th, 12th, ITI, Polytechnic, Diploma, or are graduates are eligible to benefit from this scheme. Top 500 corporates by CSR spend (average of the last three financial years) have been permitted to participate and offer internship opportunities to youth.

Enhancing Employment

The PMIS aims to provide young Indians with practical industry experience while enhancing their employability. The scheme seeks to bridge the gap between academic learning and industry requirements by offering internship opportunities across diverse sectors, including technology, manufacturing, finance, retail, healthcare, and more.

The government’s focus on making India’s youth job-ready and aligning their skills with market demands resonates with companies eager to contribute to workforce development, according to economy watchers. Notable corporates offering internship opportunities include Mahindra & Mahindra, Tata Consultancy Services, Larsen & Toubro, Reliance Industries, HDFC Bank, Maruti Suzuki, Tech Mahindra, ONGC, Bajaj Finance, Eicher Motor, Max Life Insurance, Muthoot Finance, and Jubilant Foodworks.

Sectors witnessing the most internship opportunities include oil, gas & energy, automotive, travel and hospitality, banking and financial services, and metals and mining. Other key sectors include manufacturing & industrial, infrastructure and construction, IT and software development, FMCG, and telecom.

Presently, internship opportunities are available in 737 districts across 37 States and Union Territories, indicating a strong response from youth towards the pilot scheme.

The PMIS aligns directly with the Prime Minister’s vision of a “Viksit Bharat,” an India that is prosperous, advanced, and equipped to face future challenges. By recognizing that practical skills are as essential as theoretical knowledge, the scheme integrates real-world experience into academic learning, preparing students for the workforce and reducing the skills gap.

The PMIS is part of the government’s broader strategy to boost India’s human capital development and improve youth employability.

PMIS Benefits

Under the PMIS, interns will receive an allowance of ₹5000 per month, along with a ₹6000 one-time grant. However, the MCA has recently stipulated that internship aspirants looking to avail benefits under the PM Internship Scheme must possess an Aadhar number or undergo Aadhaar authentication.

This is a vital opportunity for youth to gain valuable experience and enhance their skills for a successful future. Don’t miss your chance—apply before the deadline!

Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked...