Only 20% accepted PM Internship Scheme offers

1. CONTEXT (Why in News?)

• Government informed Parliament that although 1.65 lakh internship offers were made under the PM Internship Scheme’s pilot phase, only 20% were accepted.
• A large number of candidates also left the internships mid-way, showing low uptake and low completion.

2. WHAT IS THE PM INTERNSHIP SCHEME?

Announcement
• Announced in the Union Budget 2024.

Objective
• Provide 1 crore internship opportunities over 5 years in India’s top 500 companies.

Pilot Project
• Launched by the Ministry of Corporate Affairs in October 2024.
• Target of providing 1.25 lakh internship opportunities per year.

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Only 20% accepted PM Internship Scheme offers

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