Launch of Prime Minister Internship Scheme 2024 Delayed

The highly anticipated launch of the Prime Minister Internship Scheme (PMIS) 2024 has been delayed, according to recent reports. The scheme, which garnered immense interest with over 650,000 applications, is currently under review.

Originally designed to offer 125,000 internships across 24 sectors, including energy, automotive, banking, and travel, PMIS aims to provide young professionals with invaluable industry experience. The scheme has attracted participation from leading organizations such as Reliance Industries, Tata Consultancy Services, Maruti Suzuki India, Mahindra & Mahindra, and Larsen & Toubro, among others.

Interns selected through the scheme will receive a monthly stipend of Rs 5,000, with Rs 4,500 funded by the government and Rs 500 contributed by the participating companies. The initiative was envisioned as a means to provide much-needed professional exposure to youth in various industries, potentially helping them gain the experience required for future career success.

However, the Ministry of Corporate Affairs has not yet announced a revised launch date. The delay is reportedly due to the need for further evaluation of the pilot project’s outcomes. The Ministry intends to analyze the feedback and insights gathered before proceeding with the full-scale launch. Once the review is completed, the Ministry is expected to announce a new timeline for the scheme's official rollout.

The delay has left many candidates and stakeholders waiting eagerly for updates. While this pause has created uncertainty, the long-term potential of PMIS remains substantial. By offering internships that expose young professionals to top companies in key sectors, the scheme aims to enhance career opportunities and contribute to the development of a skilled workforce in India. Despite the setback, the PMIS 2024 continues to be regarded as a significant initiative for empowering youth and shaping the future workforce across the country.