Internship and Apprenticeship
250 companies have registered under the PM Internship scheme set to commence on December 2.
The scholarship selection will consider the applicant's academic performance, financial need, and potential contributions to the STEM field.
Those in the age group of 21-24 years are eligible to apply for the scheme, which is being implemented by the corporate affairs ministry through the portal 'www.pminternship.mca.gov.in'.
PM Internship scheme portal is live now for registration. Interns will get monthly financial assistance of Rs 5,000 for 12 months and a one-time grant of Rs 6,000.
Candidates seeking internship opportunities can register in the portal from the second week of October. The interns will be provided a financial aid of Rs 5,000 per month.
Colleges endorse 10-12 months long internships for students to be industry-ready. The expected monthly stipend for full-time internships ranges from Rs 15,000-Rs 40,000.
The top three colleges with the highest internship placement records were Paavai Engineering College, Tamil Nadu, Parul Polytechnic Institute, Vadodara, and St Xavier's College, Kolkata.
Union Budget 2024: Employment programme gets Rs 10,000 crore; paid internship scheme, Rs 2,000 crore
Budget Speech: The internship programme will be closed to graduates of IITs, IIMs, IISERs, CA and CMA professionals.
CCI Internship 2024: Upon completion of the course, stipend of Rs 15,000 per month will be given as honorarium along with a internship certificate.
AICTE's SAMBAV will focus on emerging technologies like artificial intelligence (AI), VLSI, business intelligence, Internet of Things (IoT), and cybersecurity.
