Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been taking various initiatives to promote employment and skill development among the country’s youth. One such initiative is the PM Internship Scheme, which provides a platform for young individuals to gain practical experience and skills in various fields. According to a recent report by Moneycontrol, the Ministry of Corporate Affairs may hike the one-time stipend amount provided to interns under the PM Internship Scheme in the upcoming Union Budget 2026-27.
As per the report, the government may increase the stipend amount by ₹1,000-₹2,000, which would be a significant boost to the current amount of ₹6,000 provided to new interns through direct benefit transfer. This move is expected to benefit a large number of young individuals who are looking to gain practical experience and skills in various fields.
The PM Internship Scheme is a part of the government’s larger initiative to promote employment and skill development among the country’s youth. The scheme aims to provide opportunities for young individuals to work with various organizations and gain practical experience, which would help them to become more employable and self-sufficient.
The government has allocated a significant amount of funds for the employment scheme, which is expected to generate 350 million jobs by July 31, 2027. The allocation of over ₹30,000 crore for the scheme is a testament to the government’s commitment to promoting employment and skill development among the country’s youth.
The hike in stipend amount is expected to be a major incentive for young individuals to participate in the PM Internship Scheme. The current amount of ₹6,000 is a one-time payment, and the proposed increase would make the scheme more attractive to young individuals who are looking to gain practical experience and skills.
The PM Internship Scheme is open to individuals who have completed their graduation or post-graduation in various fields. The scheme provides an opportunity for young individuals to work with various organizations, including government departments, private companies, and non-profit organizations.
The scheme is designed to provide practical experience and skills to young individuals, which would help them to become more employable and self-sufficient. The scheme also provides an opportunity for young individuals to network with professionals in their field and to learn from their experiences.
The government’s decision to hike the stipend amount under the PM Internship Scheme is a welcome move, as it would provide more incentives for young individuals to participate in the scheme. The allocation of over ₹30,000 crore for the employment scheme is also a significant move, as it would help to generate a large number of jobs and promote employment and skill development among the country’s youth.
The PM Internship Scheme is a part of the government’s larger initiative to promote employment and skill development among the country’s youth. The scheme is designed to provide practical experience and skills to young individuals, which would help them to become more employable and self-sufficient.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a significant move, as it would provide more incentives for young individuals to participate in the scheme. The allocation of over ₹30,000 crore for the employment scheme is also a significant move, as it would help to generate a large number of jobs and promote employment and skill development among the country’s youth.
The government’s initiatives to promote employment and skill development among the country’s youth are welcome moves, as they would help to address the issue of unemployment and promote economic growth. The PM Internship Scheme is a significant initiative, as it provides an opportunity for young individuals to gain practical experience and skills, which would help them to become more employable and self-sufficient.
The government’s decision to hike the stipend amount under the PM Internship Scheme is a step in the right direction, as it would provide more incentives for young individuals to participate in the scheme. The allocation of over ₹30,000 crore for the employment scheme is also a significant move, as it would help to generate a large number of jobs and promote employment and skill development among the country’s youth.
As the country moves forward, it is essential to promote employment and skill development among the country’s youth. The government’s initiatives, including the PM Internship Scheme, are significant moves, as they would help to address the issue of unemployment and promote economic growth.
In the upcoming Union Budget 2026-27, the government is expected to make several announcements related to employment and skill development. The proposed hike in stipend amount under the PM Internship Scheme is a significant move, as it would provide more incentives for young individuals to participate in the scheme.
The government’s commitment to promoting employment and skill development among the country’s youth is evident from the allocation of over ₹30,000 crore for the employment scheme. The PM Internship Scheme is a significant initiative, as it provides an opportunity for young individuals to gain practical experience and skills, which would help them to become more employable and self-sufficient.
As the country looks to promote employment and skill development among the country’s youth, the government’s initiatives, including the PM Internship Scheme, are welcome moves. The proposed hike in stipend amount under the scheme is a significant move, as it would provide more incentives for young individuals to participate in the scheme.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a significant move, as it would provide more incentives for young individuals to participate in the scheme. The allocation of over ₹30,000 crore for the employment scheme is also a significant move, as it would help to generate a large number of jobs and promote employment and skill development among the country’s youth.
About the Author
