Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government is expected to make significant announcements in the upcoming Union Budget 2026-27, and one such announcement could be related to the PM Internship Scheme. According to a report by Moneycontrol, the Ministry of Corporate Affairs may hike the one-time stipend amount provided to interns under the scheme by ₹1,000-₹2,000. This move is aimed at incentivizing more students to participate in the internship program and gain valuable work experience.
At present, new interns under the PM Internship Scheme are provided a direct benefit transfer of ₹6,000. The proposed hike would increase the stipend amount to ₹7,000-₹8,000, making it more attractive for students to apply for the program. The PM Internship Scheme is a flagship program of the government, aimed at providing students with hands-on experience in various industries and sectors. The scheme is designed to bridge the gap between academia and industry, and to equip students with the skills and knowledge required to succeed in the job market.
The government is also expected to allocate a significant amount of funds for the employment scheme, which is expected to generate 350 million jobs by July 31, 2027. The allocation is expected to be over ₹30,000 crore, which would be a significant increase from the previous year’s allocation. This move is aimed at boosting employment opportunities in the country and reducing unemployment rates.
The PM Internship Scheme has been successful in providing students with valuable work experience and skills, and the proposed hike in stipend amount is expected to further incentivize students to participate in the program. The scheme has also been successful in providing industries with talented and skilled interns, who can contribute to the growth and development of the organization.
The government’s focus on employment and skill development is evident from the proposed allocation of funds for the employment scheme. The allocation of over ₹30,000 crore is a significant amount, and it is expected to have a positive impact on the job market. The government’s efforts to boost employment opportunities and reduce unemployment rates are commendable, and the proposed hike in stipend amount under the PM Internship Scheme is a step in the right direction.
The PM Internship Scheme is a unique program that provides students with the opportunity to work with top organizations and industries in the country. The scheme is designed to provide students with hands-on experience, and to equip them with the skills and knowledge required to succeed in the job market. The scheme has been successful in providing students with valuable work experience, and the proposed hike in stipend amount is expected to further incentivize students to participate in the program.
The government’s efforts to boost employment opportunities and reduce unemployment rates are commendable, and the proposed allocation of funds for the employment scheme is a significant step in the right direction. The allocation of over ₹30,000 crore is expected to have a positive impact on the job market, and it is expected to generate 350 million jobs by July 31, 2027.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a welcome move, and it is expected to further incentivize students to participate in the program. The government’s focus on employment and skill development is evident from the proposed allocation of funds for the employment scheme, and it is expected to have a positive impact on the job market. The PM Internship Scheme is a unique program that provides students with valuable work experience, and the proposed hike in stipend amount is expected to make it more attractive for students to apply for the program.
The government’s efforts to boost employment opportunities and reduce unemployment rates are commendable, and the proposed allocation of funds for the employment scheme is a significant step in the right direction. The allocation of over ₹30,000 crore is expected to generate 350 million jobs by July 31, 2027, and it is expected to have a positive impact on the job market.
The PM Internship Scheme is a flagship program of the government, and it is designed to provide students with hands-on experience in various industries and sectors. The scheme is aimed at bridging the gap between academia and industry, and to equip students with the skills and knowledge required to succeed in the job market. The proposed hike in stipend amount is expected to further incentivize students to participate in the program, and it is expected to make it more attractive for students to apply for the program.
Overall, the proposed hike in stipend amount under the PM Internship Scheme is a welcome move, and it is expected to have a positive impact on the job market. The government’s focus on employment and skill development is evident from the proposed allocation of funds for the employment scheme, and it is expected to generate 350 million jobs by July 31, 2027.
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