Govt. opens portal for internships to bridge skill set gap
- October 4, 2024
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Govt. opens portal for internships to bridge skill set gap
Sub: Schemes
Sec: Eco
Context:
- The Prime Minister’s Internship scheme that aims to provide internship to one crore youth in top 500 companies over five years opened its portal for companies to register their internship opportunities for the pilot phase.
About the portal:
- It was developed by the Ministry of Corporate Affairs.
- The portal mca.gov.in will open for enrollment for youth aged 21 to 24.
- Open from October 12 (Vijaya Dasami) to October 25 for the first batch.
- Candidates’ information will be matched with the needs and locations of companies using artificial intelligence This will generate a shortlist of candidates for companies to review.
About the scheme:
- The scheme was announced in union budget 2024-25.
- Objective:
- To provide internship to one crore youth in top 500 companies over five years
- To bridge the skills gap between unemployable youth and the skills required by employers.
- Implemented by: Ministry of Corporate Affairs (MCA)
- The companies participating in the scheme were selected based on their average Corporate Social Responsibility (CSR) expenditure over the last three years.
- The internships, which will last for 12 months, will focus on real-world job environments, with at least half of the internship period dedicated to hands-on work experience.
- Interns will receive a monthly stipend of ₹5,000, with ₹4,500 provided by the government and ₹500 contributed by the company from its CSR funds.
- A one-time grant of ₹6,000 for incidental expenses will also be provided by MCA when interns join their workplace.
- A grievance redressal mechanism and a multilingual helpline (1800-116-090) have been established to support applicants and ensure a smooth internship process.
Eligibility:
- Indian nationals not employed full-time or engaged in full-time education.
- High school or higher secondary graduates.
- Candidates with ITI certificates, diplomas from polytechnic institutes, or degrees like BA, B.Sc, B.Com, BCA, BBA, or B.Pharma.
- Unemployed youth enrolled in online or distance learning courses.
Scheme is not open to:
- Post-graduates
- Children of permanent employees in Union or State governments.
- Graduates from premier institutions (IITs, IIMs, NIDs).
- Professionals with qualifications like CA, CS, or MBBS.
- Individuals from households that includes a person who earned an income of ₹8 lakh or more in 2023-24.
- Those currently in any government-sponsored skilling, apprenticeship, internship, or training programs.