PM Internship Scheme - Phase 2
The Prime Minister Internship Scheme Phase 2, launched in January 2025, expanded internship opportunities with selections processed through April 2025. - Pilot launched: 3 October 2024; Phase 2: January 2025 - Target: 1 crore internships over 5 years in top companies - Phase 2: 1.18 lakh+ positions across 735 districts, 327 companies - Monthly stipend: ₹5,000 (₹4,500 govt + ₹500 CSR) - One-time grant: ₹6,000 from government - Age: 21-24 years; Duration: 12 months - Companies selected based on CSR expenditure (top 500 prioritized) - Selection: Applications reviewed April 1; company picks April 2-15 - Ministry of Corporate Affairs (MCA) implements the scheme - Covers IT, manufacturing, finance, healthcare, energy sectors
- PM Internship Scheme Phase 2 launched January 2025 targeting 1 crore internships over 5 years in top companies
- Phase 2 offers 1.18 lakh+ positions across 735 districts and 327 companies; duration 12 months per internship
- Monthly stipend of ₹5,000 (₹4,500 from government + ₹500 from CSR) plus one-time grant of ₹6,000
- Age eligibility: 21-24 years; companies selected based on CSR expenditure with top 500 prioritized
- Covers IT, manufacturing, finance, healthcare, and energy sectors
- Ministry of Corporate Affairs (MCA) implements the scheme; pilot was launched on 3 October 2024
What is the PM Internship Scheme Phase 2 and when did it launch?
The PM Internship Scheme Phase 2 was launched in January 2025 by the Ministry of Corporate Affairs. The pilot began on 3 October 2024, and Phase 2 expanded internship opportunities in top companies for Indian youth.
How many internships does the Phase 2 rollout offer and in how many districts?
Phase 2 offers over 1.18 lakh positions spread across 735 districts, with 327 companies participating. The overall target is 1 crore internships over 5 years in top companies across the country.
What is the stipend structure under the PM Internship Scheme Phase 2?
Interns receive a monthly stipend of ₹5,000, of which ₹4,500 is paid by the government and ₹500 comes from CSR contributions. A one-time grant of ₹6,000 is also provided by the government on joining.
Who is eligible to apply and how long does the internship last?
Applicants aged 21-24 years are eligible. Each internship has a duration of 12 months. Companies are selected based on their CSR expenditure, with the top 500 prioritised for participation.
Which sectors and timelines are covered by the Phase 2 selection process?
The scheme covers IT, manufacturing, finance, healthcare, and energy sectors. Applications were reviewed on April 1, with company picks from April 2-15, as part of the 2025 selection cycle implemented by MCA.
Practice MCQs on this topic.
Reinforce your understanding with targeted MCQ practice on economy, governance, and current affairs.
