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, in the upcoming Union Budget 2026-27, may increase the one-time stipend amount by ₹1,000-₹2,000. This move is expected to benefit thousands of interns who are part of the scheme, which aims to provide employment opportunities to young Indians.
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, depending on the final decision. This increase is seen as a welcome move, as it would help interns to cover their living expenses and other costs associated with their internship.
The PM Internship Scheme is a flagship program of the Indian government, aimed at providing employment opportunities to young Indians. The scheme is designed to provide interns with hands-on experience and skills, which would help them to secure better job opportunities in the future. The scheme has been successful in generating employment opportunities for thousands of young Indians, and the proposed hike in stipend amount is expected to further boost its effectiveness.
According to the report, the government would allocate over ₹30,000 crore for the employment scheme, which is expected to generate 350 million jobs by July 31, 2027. This allocation is a significant increase from the previous budget, and it reflects the government’s commitment to creating employment opportunities for young Indians.
The PM Internship Scheme has been widely praised for its effectiveness in providing employment opportunities to young Indians. The scheme has been successful in providing interns with hands-on experience and skills, which has helped them to secure better job opportunities in the future. The proposed hike in stipend amount is expected to further boost the effectiveness of the scheme, and it would help to attract more young Indians to participate in the program.
The Indian government has been taking several steps to boost employment opportunities in the country. The government has launched several initiatives, including the Make in India program, the Start-Up India program, and the Skill India program, to create employment opportunities for young Indians. The PM Internship Scheme is one of the key initiatives of the government, and the proposed hike in stipend amount is expected to further boost its effectiveness.
The report also highlights the government’s commitment to creating employment opportunities for young Indians. The allocation of over ₹30,000 crore for the employment scheme is a significant increase from the previous budget, and it reflects the government’s commitment to creating employment opportunities for young Indians. The proposed hike in stipend amount is expected to further boost the effectiveness of the scheme, and it would help to attract more young Indians to participate in the program.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a welcome move, which would benefit thousands of interns who are part of the scheme. The allocation of over ₹30,000 crore for the employment scheme is a significant increase from the previous budget, and it reflects the government’s commitment to creating employment opportunities for young Indians. The PM Internship Scheme has been successful in providing employment opportunities to young Indians, and the proposed hike in stipend amount is expected to further boost its effectiveness.
The Indian government’s efforts to boost employment opportunities in the country are commendable. The government has launched several initiatives, including the Make in India program, the Start-Up India program, and the Skill India program, to create employment opportunities for young Indians. The PM Internship Scheme is one of the key initiatives of the government, and the proposed hike in stipend amount is expected to further boost its effectiveness.
As the Indian economy continues to grow, the demand for skilled workers is increasing. The PM Internship Scheme is designed to provide interns with hands-on experience and skills, which would help them to secure better job opportunities in the future. The proposed hike in stipend amount is expected to further boost the effectiveness of the scheme, and it would help to attract more young Indians to participate in the program.
The report also highlights the importance of creating employment opportunities for young Indians. The Indian government has been taking several steps to boost employment opportunities in the country, and the PM Internship Scheme is one of the key initiatives of the government. The proposed hike in stipend amount is expected to further boost the effectiveness of the scheme, and it would help to attract more young Indians to participate in the program.
In the end, the proposed hike in stipend amount under the PM Internship Scheme is a welcome move, which would benefit thousands of interns who are part of the scheme. The allocation of over ₹30,000 crore for the employment scheme is a significant increase from the previous budget, and it reflects the government’s commitment to creating employment opportunities for young Indians. The PM Internship Scheme has been successful in providing employment opportunities to young Indians, and the proposed hike in stipend amount is expected to further boost its effectiveness.