Game-Changing Initiative: The Union Budget 2024-25 introduces a groundbreaking internship scheme aimed at providing 1 crore young individuals with valuable work experience.
12-Month Experience: Over the next five years, selected interns will gain hands-on experience through a 12-month internship at 500 leading companies.
Monthly Stipend: Interns will benefit from a monthly stipend of Rs 5,000, ensuring financial support while they build their careers.
One-Time Assistance: Each intern will receive a one-time assistance of Rs 6,000 to help cover initial expenses and ease their transition into the professional world.
Boosting Employability: This initiative is designed to enhance employability by providing real-world experience and industry exposure to young professionals.
Diverse Opportunities: With placements in 500 top companies, interns will have the chance to work across various sectors and industries.
Support for Career Growth: The scheme aims to bridge the gap between education and employment, equipping interns with skills and knowledge crucial for their future careers.
Transformative Impact: By integrating a substantial number of youth into the workforce, this initiative is set to drive significant economic and social benefits.