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 youth. One such initiative is the PM Internship Scheme, which provides a platform for young individuals to gain work experience and skills in various fields. According to a recent report, 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 by Moneycontrol, the government is considering increasing the stipend amount by ₹1,000-₹2,000. Currently, new interns under the scheme are provided a direct benefit transfer of ₹6,000. This move is expected to benefit a large number of young individuals who are looking to gain work experience and skills in various fields.
The PM Internship Scheme is a part of the government’s efforts to promote employment and skill development among the youth. The scheme provides a platform for young individuals to work with various organizations and gain valuable work experience. The scheme also provides a stipend to the interns to support their living expenses during the internship period.
The government has allocated a significant budget for the employment scheme, which is expected to generate 350 million jobs by July 31, 2027. The allocation for the scheme is expected to be over ₹30,000 crore, which will be utilized to provide training and employment opportunities to a large number of young individuals.
The hike in stipend amount is expected to be a welcome move for the interns, who will now receive a higher amount to support their living expenses during the internship period. The increased stipend amount will also make the scheme more attractive to young individuals, who may be considering internship opportunities in various fields.
The PM Internship Scheme has been successful in providing employment opportunities to a large number of young individuals. The scheme has also helped to promote skill development and entrepreneurship among the youth. The government’s decision to hike the stipend amount is expected to further boost the scheme and provide more benefits to the interns.
The Union Budget 2026-27 is expected to be presented soon, and the government’s decision on the stipend hike will be announced then. The budget is expected to focus on various initiatives to promote employment, skill development, and entrepreneurship among the youth.
The government’s efforts to promote employment and skill development among the youth are commendable. The PM Internship Scheme is a great initiative that provides a platform for young individuals to gain work experience and skills in various fields. The hike in stipend amount will make the scheme more attractive and beneficial to the interns.
In conclusion, the government’s decision to hike the stipend amount under the PM Internship Scheme is a welcome move. The increased stipend amount will provide more benefits to the interns and make the scheme more attractive to young individuals. The government’s efforts to promote employment and skill development among the youth are commendable, and the PM Internship Scheme is a great initiative that provides a platform for young individuals to gain work experience and skills in various fields.
The government’s allocation of over ₹30,000 crore for the employment scheme is a significant move, which is expected to generate 350 million jobs by July 31, 2027. The scheme is expected to provide training and employment opportunities to a large number of young individuals, which will help to promote skill development and entrepreneurship among the youth.
Overall, the government’s decision to hike the stipend amount under the PM Internship Scheme is a positive move, which is expected to benefit a large number of young individuals. The scheme is a great initiative that provides a platform for young individuals to gain work experience and skills in various fields, and the increased stipend amount will make it more attractive and beneficial to the interns.
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