Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government is considering a hike in the stipend amount provided to interns under the PM Internship Scheme, according to a recent report. The Ministry of Corporate Affairs is likely to announce an increase in the one-time stipend amount in the upcoming Union Budget 2026-27. This move is expected to benefit thousands of interns who are part of the scheme, providing them with a higher financial incentive to pursue their internships.
At present, new interns under the PM Internship Scheme are provided with a direct benefit transfer of ₹6,000. However, if the proposed hike is implemented, the stipend amount could increase by ₹1,000-₹2,000, taking the total amount to ₹7,000-₹8,000. This increase is seen as a positive step towards encouraging more students to take up internships and gain practical experience in their respective fields.
The PM Internship Scheme is a flagship program of the government, aimed at providing opportunities to students to work with top organizations and gain hands-on experience. The scheme has been successful in providing internships to thousands of students across the country, and the proposed hike in stipend amount is expected to further boost its popularity.
The government is also planning 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 of over ₹30,000 crore for the scheme is a testament to the government’s commitment to creating employment opportunities for the youth. The scheme is expected to play a crucial role in addressing the issue of unemployment in the country, which has been a major concern for the government.
The PM Internship Scheme has been well-received by students and organizations alike, and the proposed hike in stipend amount is expected to further enhance its appeal. The scheme provides students with an opportunity to work with top organizations, gain practical experience, and build their professional network. It also provides organizations with an opportunity to identify and nurture young talent, which can be a valuable asset for their growth and development.
The government’s decision to hike the stipend amount under the PM Internship Scheme is seen as a positive step towards promoting internships and employment opportunities in the country. The move is expected to benefit not only the interns but also the organizations that participate in the scheme. With the proposed allocation of over ₹30,000 crore for the scheme, the government is sending a strong signal that it is committed to creating employment opportunities for the youth and promoting economic growth.
The hike in stipend amount is also expected to have a positive impact on the overall economy. With more students taking up internships and gaining practical experience, the country can expect to see an increase in productivity and innovation. The scheme is also expected to promote entrepreneurship and job creation, which can have a positive impact on the overall economic growth.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a welcome move that is expected to benefit thousands of interns across the country. The government’s decision to allocate over ₹30,000 crore for the scheme is a testament to its commitment to creating employment opportunities and promoting economic growth. With the scheme expected to generate 350 million jobs by July 31, 2027, the government is on track to achieve its goal of promoting employment and economic growth.
The PM Internship Scheme is a shining example of the government’s efforts to promote employment opportunities and economic growth. The scheme has been successful in providing internships to thousands of students, and the proposed hike in stipend amount is expected to further enhance its appeal. With the government’s commitment to creating employment opportunities and promoting economic growth, the country can expect to see a significant improvement in the job market and the overall economy.
As the government prepares to present the Union Budget 2026-27, the proposed hike in stipend amount under the PM Internship Scheme is seen as a positive step towards promoting employment opportunities and economic growth. The move is expected to benefit not only the interns but also the organizations that participate in the scheme, and the overall economy. With the government’s commitment to creating employment opportunities and promoting economic growth, the country can expect to see a bright future ahead.
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