The PM Internship Scheme 2024 has specific eligibility criteria for applicants. Here are the details:

Eligibility Criteria

1. Age Limit:
   • Candidates must be between 21 to 24 years old at the time of application.
2. Educational Qualifications:
   • Applicants should have completed at least high school (10+2).
   • They can also possess a certificate from an ITI, a diploma from a Polytechnic Institute, or hold a degree such as:
     • BA
     • B.Sc
     • B.Com
     • BCA
     • BBA
     • B.Pharma
3. Nationality:
   • Only Indian nationals are eligible to apply.
4. Employment Status:
   • Candidates should not be engaged in full-time employment or enrolled in full-time educational programs. However, those enrolled in online or distance learning courses may apply.
5. Residency:
   • Applicants must be permanent residents of India.

These criteria ensure that the scheme targets youth who are seeking practical experience to enhance their employability skills and bridge the gap between education and real-world job experiences.

Key Benefits

1. Financial Support:
   • Interns receive a monthly stipend of ₹5,000, which is paid through Direct Benefit Transfer (DBT) to their bank accounts.
   • A one-time grant of ₹6,000 is provided to cover incidental expenses upon joining the internship.
2. Real-World Experience:
   • The scheme facilitates 12-month internships, allowing participants to gain hands-on experience in various sectors, bridging the gap between academic knowledge and practical application.
3. Diverse Opportunities:
   • Internships are available in 500 leading companies across multiple industries, providing exposure to different professional environments.
   • Participants can choose internships based on their skills and career interests, enhancing their chances of finding suitable roles.
4. Skill Development:
   • The program is designed to improve practical skills and understanding of workplace dynamics, which are crucial for future employment opportunities.
5. Networking Opportunities:
   • Interns have the chance to build professional networks within top companies, which can be beneficial for future job placements and career growth.
6. Insurance Coverage:
   • Participants are covered under the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana, providing additional security during their internships.
7. No Registration Fees:
   • There are no fees associated with applying for the internship, making it accessible to all eligible candidates.

This initiative aims to empower youth by providing them with valuable work experience and financial assistance, ultimately enhancing their employability in a competitive job market.