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 of the key areas of focus is likely to be the employment sector. 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. The current stipend amount is ₹6,000, which is provided to new interns through a direct benefit transfer. However, the government is considering increasing this amount by ₹1,000-₹2,000, which would be a welcome move for young interns who are looking to gain valuable work experience.
The PM Internship Scheme is a flagship program launched by the government to provide opportunities to young individuals to work with top companies and organizations in the country. The scheme aims to provide a platform for interns to gain practical experience, develop their skills, and enhance their employability. The program has been well-received by students and young professionals, and the government is now looking to make it more attractive by increasing the stipend amount.
The hike in stipend amount is expected to be announced in the Union Budget 2026-27, which will be presented by the Finance Minister in the coming weeks. 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 of over ₹30,000 crore for the scheme is a clear indication of the government’s commitment to creating employment opportunities for young individuals.
The PM Internship Scheme has been successful in providing opportunities to young individuals to work with top companies and organizations in the country. The scheme has also helped to bridge the gap between academia and industry, by providing a platform for students to gain practical experience and develop their skills. The hike in stipend amount is expected to make the scheme more attractive to students and young professionals, who are looking to gain valuable work experience and enhance their employability.
The government’s decision to hike the stipend amount is also expected to have a positive impact on the economy. By providing more funds to young individuals, the government is expected to boost consumer spending, which is a key driver of economic growth. The allocation of funds for the employment scheme is also expected to have a multiplier effect, by creating jobs and stimulating economic activity in various sectors.
The PM Internship Scheme is a key initiative of the government to address the issue of unemployment, which is a major challenge facing the country. The scheme has been successful in providing opportunities to young individuals, and the hike in stipend amount is expected to make it more attractive. The government’s commitment to creating employment opportunities is evident from the allocation of over ₹30,000 crore for the scheme, which is expected to generate 350 million jobs by July 31, 2027.
In conclusion, the government’s decision to hike the stipend amount under the PM Internship Scheme is a welcome move, which is expected to make the scheme more attractive to students and young professionals. The allocation of over ₹30,000 crore for the scheme is a clear indication of the government’s commitment to creating employment opportunities for young individuals. The hike in stipend amount is expected to have a positive impact on the economy, by boosting consumer spending and stimulating economic activity in various sectors.
The government’s initiatives to create employment opportunities are expected to have a significant impact on the country’s economy, which is currently facing several challenges. The PM Internship Scheme is a key initiative of the government to address the issue of unemployment, and the hike in stipend amount is expected to make it more attractive. The scheme has been successful in providing opportunities to young individuals, and the government’s commitment to creating employment opportunities is evident from the allocation of funds for the scheme.
As the government prepares to present the Union Budget 2026-27, there are high expectations from the employment sector. The hike in stipend amount under the PM Internship Scheme is expected to be a key announcement, which will have a positive impact on young individuals who are looking to gain valuable work experience. The government’s commitment to creating employment opportunities is evident from the allocation of funds for the scheme, and the expected outcome of 350 million jobs by July 31, 2027, is a significant achievement.
The PM Internship Scheme is a flagship program of the government, which aims to provide opportunities to young individuals to work with top companies and organizations in the country. The scheme has been successful in providing a platform for interns to gain practical experience, develop their skills, and enhance their employability. The hike in stipend amount is expected to make the scheme more attractive, and the government’s commitment to creating employment opportunities is evident from the allocation of funds for the scheme.
In the coming weeks, the government is expected to present the Union Budget 2026-27, which will outline the government’s plans for the employment sector. The hike in stipend amount under the PM Internship Scheme is expected to be a key announcement, which will have a positive impact on young individuals who are looking to gain valuable work experience. The government’s commitment to creating employment opportunities is evident from the allocation of funds for the scheme, and the expected outcome of 350 million jobs by July 31, 2027, is a significant achievement.
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