Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been actively working towards improving the employment landscape in the country. One of the key initiatives in this regard is the PM Internship Scheme, which provides young individuals with an opportunity to gain hands-on experience in various fields. Now, according to recent reports, the government may be planning to increase the stipend amount provided to interns under this scheme in the upcoming Union Budget 2026-27.
As per a report by Moneycontrol, the Ministry of Corporate Affairs is considering a hike of ₹1,000-₹2,000 in the one-time stipend amount provided to interns under the PM Internship Scheme. Currently, new interns are provided with a direct benefit transfer of ₹6,000. This increase in stipend amount is expected to be announced in the Union Budget 2026-27, which will be presented by the Finance Minister soon.
The PM Internship Scheme is a flagship program of the government, aimed at providing young individuals with an opportunity to gain practical experience in various fields. The scheme is designed to provide a platform for interns to work with top organizations and gain hands-on experience, which can help them in their future careers. The scheme also provides a stipend to interns, which is a direct benefit transfer, to help them meet their living expenses during the internship period.
The proposed hike in stipend amount is expected to benefit thousands of interns who are currently enrolled under the PM Internship Scheme. The increase in stipend amount will not only help interns to meet their living expenses but also provide them with a greater sense of financial security, which is essential for them to focus on their work and gain valuable experience.
In addition to the hike in stipend amount, the government is also planning to allocate a significant amount of funds for the employment scheme. According to reports, 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 of funds is expected to provide a significant boost to the employment sector, which has been affected by the COVID-19 pandemic.
The PM Internship Scheme is a key initiative of the government, which is aimed at providing young individuals with an opportunity to gain practical experience in various fields. The scheme has been successful in providing a platform for interns to work with top organizations and gain hands-on experience. The proposed hike in stipend amount and the allocation of funds for the employment scheme are expected to further boost the scheme and provide greater benefits to interns.
The government’s decision to hike the stipend amount and allocate funds for the employment scheme is a welcome move, which is expected to have a positive impact on the employment landscape in the country. The move is expected to provide a greater sense of financial security to interns, which is essential for them to focus on their work and gain valuable experience.
In conclusion, the proposed hike in stipend amount under the PM Internship Scheme is a positive development, which is expected to benefit thousands of interns across the country. The allocation of funds for the employment scheme is also expected to provide a significant boost to the employment sector, which has been affected by the COVID-19 pandemic. The government’s decision to hike the stipend amount and allocate funds for the employment scheme is a welcome move, which is expected to have a positive impact on the employment landscape in the country.
The government’s efforts to improve the employment landscape in the country are commendable, and the proposed hike in stipend amount under the PM Internship Scheme is a step in the right direction. The move is expected to provide a greater sense of financial security to interns, which is essential for them to focus on their work and gain valuable experience. The allocation of funds for the employment scheme is also expected to provide a significant boost to the employment sector, which has been affected by the COVID-19 pandemic.
As the country prepares for the Union Budget 2026-27, there are high expectations from the government to announce measures that can boost the employment sector. The proposed hike in stipend amount under the PM Internship Scheme is a positive development, which is expected to benefit thousands of interns across the country. The government’s decision to allocate funds for the employment scheme is also expected to provide a significant boost to the employment sector, which has been affected by the COVID-19 pandemic.
In the coming years, the government is expected to focus on initiatives that can improve the employment landscape in the country. The PM Internship Scheme is a key initiative, which is expected to provide a platform for interns to gain hands-on experience in various fields. The proposed hike in stipend amount and the allocation of funds for the employment scheme are expected to further boost the scheme and provide greater benefits to interns.
As the country moves forward, it is essential to focus on initiatives that can improve the employment landscape. The government’s decision to hike the stipend amount and allocate funds for the employment scheme is a welcome move, which is expected to have a positive impact on the employment landscape in the country. The PM Internship Scheme is a key initiative, which is expected to provide a platform for interns to gain hands-on experience in various fields.
In the end, the proposed hike in stipend amount under the PM Internship Scheme is a positive development, which is expected to benefit thousands of interns across the country. The allocation of funds for the employment scheme is also expected to provide a significant boost to the employment sector, which has been affected by the COVID-19 pandemic. The government’s decision to hike the stipend amount and allocate funds for the employment scheme is a welcome move, which is expected to have a positive impact on the employment landscape in the country.