Why Are 81% of Indian Companies Backing the PM Internship Scheme?

Why Are 81% of Indian Companies Backing the PM Internship Scheme?

In a significant display of support, over 81% of Indian companies have rallied behind the Prime Minister’s Internship Scheme. This initiative aims to offer valuable internship opportunities to a large number of youth over a span of five years. Supported by India Inc., the scheme encourages the top 500 companies to offer internships, aligning their Corporate Social Responsibility (CSR) initiatives to nurture young talent.

A recent report highlights that many participating companies are prioritizing tech roles for these internships to address the industry’s skill gap. Additionally, a considerable number of these companies plan to hire a portion of their interns as full-time employees after the completion of their programs. This commitment underscores the strategic role internships play in creating a sustainable talent pipeline and enhancing workforce readiness.

There is also a strong preference for short-to-medium-term internships, lasting one to six months. This duration balances meaningful skill development with program efficiency. The widespread support for the PM Internship Scheme emphasizes its potential to transform employability and bridge the gap between academia and industry.

How to Apply: Interested candidates can apply for the PM Internship Scheme through the official portal. The application process involves registering on the portal, filling out personal and educational details, and submitting the required documents. Comprehensive guidance on the application process is available in the User Manual.

The scheme offers a robust platform for aspiring youth to gain valuable industry experience and enhance their employability. This is a unique opportunity to be part of India’s workforce development.