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, which is set to be presented in the coming months. One such announcement that has been making headlines is the potential hike in the stipend amount provided to interns under the PM Internship Scheme. According to a report by Moneycontrol, the Ministry of Corporate Affairs may increase the one-time stipend amount by ₹1,000-₹2,000, bringing the total amount to ₹7,000-₹8,000.
At present, new interns under the PM Internship Scheme are provided a direct benefit transfer of ₹6,000. This scheme was launched with the aim of providing young individuals with hands-on experience and skills in their chosen field, while also promoting entrepreneurship and job creation. The potential hike in stipend amount is seen as a positive move, as it will not only benefit the interns but also encourage more young people to participate in the scheme.
The government has been focusing on generating employment opportunities and promoting economic growth, and the PM Internship Scheme is a key part of this effort. The scheme is expected to generate 350 million jobs by July 31, 2027, which is a significant target. To achieve this, the government is likely to allocate over ₹30,000 crore for the employment scheme, which will be a substantial investment in the country’s human capital.
The PM Internship Scheme has been well-received by young individuals, who see it as an opportunity to gain valuable experience and skills in their chosen field. The scheme provides interns with a chance to work with experienced professionals, learn new skills, and build their network. The stipend amount provided under the scheme is a significant benefit, as it helps interns to cover their living expenses while they are pursuing their internship.
The potential hike in stipend amount is seen as a positive move, as it will not only benefit the interns but also encourage more young people to participate in the scheme. The increased stipend amount will also help to attract top talent to the scheme, which will ultimately benefit the organizations and industries that are participating in the scheme.
The government’s focus on employment and job creation is a welcome move, as it is a critical issue that needs to be addressed. The PM Internship Scheme is a key part of this effort, and the potential hike in stipend amount is a significant development. The scheme has the potential to make a positive impact on the lives of young individuals, and the government’s investment in the scheme is a testament to its commitment to promoting economic growth and job creation.
In conclusion, the potential hike in stipend amount under the PM Internship Scheme is a significant development that is expected to benefit young individuals and promote employment opportunities. The government’s focus on job creation and economic growth is a welcome move, and the PM Internship Scheme is a key part of this effort. With the potential hike in stipend amount and the government’s investment in the scheme, the PM Internship Scheme is expected to continue to play a critical role in promoting employment and economic growth in the country.
The details of the scheme and the potential hike in stipend amount are still emerging, and it is expected that more information will be available in the coming days. However, one thing is clear: the government is committed to promoting employment and economic growth, and the PM Internship Scheme is a key part of this effort.
The PM Internship Scheme is a great opportunity for young individuals to gain valuable experience and skills in their chosen field. The scheme provides interns with a chance to work with experienced professionals, learn new skills, and build their network. The stipend amount provided under the scheme is a significant benefit, as it helps interns to cover their living expenses while they are pursuing their internship.
The government’s investment in the PM Internship Scheme is a testament to its commitment to promoting economic growth and job creation. The scheme has the potential to make a positive impact on the lives of young individuals, and the government’s focus on employment and job creation is a welcome move.
As the country looks to the future, it is clear that the PM Internship Scheme will play a critical role in promoting employment and economic growth. The potential hike in stipend amount is a significant development, and it is expected that the scheme will continue to benefit young individuals and promote job creation.
In the end, the PM Internship Scheme is a great opportunity for young individuals to gain valuable experience and skills in their chosen field. The scheme provides interns with a chance to work with experienced professionals, learn new skills, and build their network. The stipend amount provided under the scheme is a significant benefit, as it helps interns to cover their living expenses while they are pursuing their internship.
For more information, visit: https://www.newsbytesapp.com/news/business/budget-government-may-raise-intern-stipend-under-pm-internship-scheme/story
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