PM Internship Scheme 2025 | Higher Budget Allocation for FY26 | Check Now

PM Internship Scheme 2025 | Higher Budget Allocation for FY26 | Check Now

The Pradhan Mantri Internship Scheme (PMIS), originally launched as a pilot initiative, is now being comprehensively revamped to launch on a national scale in FY2026. Recognizing the growing gap between academic learning and employability, the Indian government has introduced this scheme to provide hands-on work experience to students across the country.

With a target of offering 1 crore internships over five years, the PMIS is one of India’s most ambitious youth development and skilling programs to date. It aligns academic education with industry requirements, promoting a “learning-by-doing” model that enhances the employability of Indian youth.

PM Internship Scheme 2025 | Higher Budget Allocation for FY26 | Check Now

Summary Table

Aspect
Details
Scheme Name
Pradhan Mantri Internship Scheme (PMIS)
Target Launch Year
FY 2026
Internship Target
1 crore internships over 5 years
Pilot Phases Conducted
Phase 1 (Oct–Dec 2024), Phase 2 (Jan 2025 onwards)
Annual Internship Goal (FY26)
15 lakh internships
Monthly Stipend
₹5,000 per intern
One-Time Allowance
₹6,000 for travel and internet expenses
Budget Allocation
₹10,831 crore for FY26
Implementation Model
Co-funding (₹4,500 govt + ₹500 company via CSR)
Eligibility
Students from all districts across India
Official Website

Background: Learnings from Pilot Phases

Phase 1 (Oct–Dec 2024)

  • Internships Listed: 1.27 lakh

  • Offers Extended: 82,000

  • Internships Accepted: Only 8,000

The first pilot phase revealed significant challenges, including low awareness, poor communication, and logistical hurdles. This feedback became instrumental in planning the revised version.

Phase 2 (From Jan 2025 Onwards)

  • Coverage: All 735 districts in India

  • Participating Organizations: 327

  • New Features: Geo-tagging of internship locations for better transparency and reduced dropout rates.

Key Features of PM Internship Scheme 2025

1. Inclusive Participation

The revamped scheme extends beyond large enterprises. It encourages participation from:

  • Large corporations

  • Mid-sized firms

  • Service providers

  • MSMEs (Micro, Small, and Medium Enterprises)

2. Year-Round Intern Intake

Unlike traditional models with fixed cycles, companies can onboard interns year-round, improving flexibility and industry participation.

3. Transparent Listings

Employers must provide detailed listings, including:

  • Job roles

  • Location

  • Stipend amount

  • Duration and learning outcomes

  • Company background

This ensures students can make informed decisions.

Financial Structure and Incentives

To boost the scheme’s impact, the government has allocated ₹10,831 crore for FY26 alone. The aim is to support 15 lakh internships in that year.

Stipend Details

  • Monthly Stipend: ₹5,000

    • ₹4,500 funded by the Government of India

    • ₹500 contributed by companies under their Corporate Social Responsibility (CSR) mandate

Additional Financial Support

  • One-time Allowance: ₹6,000 for travel, data costs, and other incidentals

  • Insurance Coverage: Interns will be covered under relevant government insurance schemes for safety and security during internships.

Strong Industry Backing

The scheme enjoys the support of major industrial associations:

  • Confederation of Indian Industry (CII)

  • Federation of Indian Chambers of Commerce and Industry (FICCI)

Both organizations have actively contributed feedback to ease onboarding procedures, especially for small and mid-sized businesses, and reduce bureaucratic hurdles.

These collaborations underscore the shared commitment to building a skilled, future-ready workforce that meets the dynamic needs of India’s industries.

Vision: A National Mission to Build Future Talent

The PM Internship Scheme isn’t just about placing students in short-term roles. It’s about transforming the workforce development landscape in India. By integrating structured internships with financial assistance, practical learning, and mentoring, the scheme prepares students for high-quality employment opportunities.

This model benefits both sides:

  • Students: Gain exposure to workplace culture, improve skills, and earn stipends

  • Employers: Access emerging talent early and help shape a job-ready workforce

How to Apply for PM Internship Scheme 2025

Application Process

Interested candidates can register and apply through the official platform:

The portal allows users to:

  • Browse internships by location or domain

  • Filter opportunities by stipend or company size

  • Apply directly to postings of interest

Also Recommended

  • Cisco Virtual Internship Program 2025

  • Sutherland Recruitment 2025

Frequently Asked Questions (FAQs)

1. Who is eligible to apply for the PM Internship Scheme 2025?

Students enrolled in academic institutions across India, including those from rural and urban areas, are eligible to apply.

2. Is there any application fee?

No, the application process for PMIS is completely free of cost.

3. Can students apply for multiple internships?

Yes, students can apply to multiple internship postings but can accept only one at a time.

4. Are these internships paid?

Yes. Every intern will receive a monthly stipend of ₹5,000 along with a one-time ₹6,000 allowance.

5. How can I find internships in my area?

Internships are geo-tagged on the official portal. Students can filter opportunities by district or region.

6. Will the internship count toward academic credits?

That depends on your institution. Students are advised to consult their college/university for recognition policies.

Conclusion

The PM Internship Scheme 2025 represents a vital leap toward addressing India’s employment-readiness crisis. With its structured design, funding support, and wide outreach, the scheme promotes practical education, youth empowerment, and inclusive economic growth.

As the full-scale launch approaches in FY2026, the PMIS is poised to become a central pillar in India’s skill development ecosystem, unlocking new avenues for millions of young Indians.

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Tushar

Tushar

Tushar is a skilled content writer with a passion for crafting compelling and engaging narratives. With a deep understanding of audience needs, he creates content that informs, inspires, and connects. Whether it’s blog posts, articles, or marketing copy, he brings creativity and clarity to every piece. His expertise helps our brand communicate effectively and leave a lasting impact.

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