Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been taking various initiatives to promote employment and skill development among the youth. One such initiative is the PM Internship Scheme, which provides a platform for young individuals to gain practical experience and skills in their chosen fields. 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 in the upcoming Union Budget 2026-27.
As per the report, the government may increase the stipend amount by ₹1,000-₹2,000, which would be a welcome move for the interns. Currently, new interns are provided a direct benefit transfer of ₹6,000. This hike would not only provide financial support to the interns but also motivate them to pursue their careers with more enthusiasm and dedication.
The PM Internship Scheme is a flagship program of the government, aimed at providing opportunities to young individuals to work with various organizations and gain hands-on experience. The scheme has been successful in generating employment opportunities and promoting skill development among the youth. The government has allocated a significant budget for the scheme, and it is expected that the allocation would be increased in the upcoming budget.
As reported by Moneycontrol, 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 is a significant target, and the government is working towards achieving it through various initiatives, including the PM Internship Scheme. The scheme has been successful in providing employment opportunities to thousands of young individuals, and the government is committed to expanding its reach and scope.
The proposed hike in the stipend amount is a positive move, as it would provide more financial support to the interns. The current stipend amount of ₹6,000 is a one-time payment, and the interns have to manage their expenses during the internship period. The increased stipend amount would help the interns to cover their expenses and focus on their work without any financial worries.
The PM Internship Scheme has been well-received by the youth, and the government has been working to improve its implementation and scope. The scheme has been successful in providing opportunities to young individuals from diverse backgrounds, including those from rural areas and disadvantaged communities. The government has been working to promote the scheme and encourage more organizations to participate in it.
The upcoming Union Budget 2026-27 is expected to focus on employment and skill development, and the proposed hike in the stipend amount under the PM Internship Scheme is a step in this direction. The government is committed to promoting employment and skill development among the youth, and the PM Internship Scheme is an important initiative in this regard.
In conclusion, the proposed hike in the stipend amount under the PM Internship Scheme is a positive move, and it would provide more financial support to the interns. The government’s commitment to promoting employment and skill development among the youth is commendable, and the PM Internship Scheme is an important initiative in this regard. The upcoming Union Budget 2026-27 is expected to focus on employment and skill development, and the proposed hike in the stipend amount is a step in this direction.
The government’s efforts to promote employment and skill development among the youth are crucial, as it would help to address the issue of unemployment and promote economic growth. The PM Internship Scheme is an important initiative in this regard, and the proposed hike in the stipend amount would make it more attractive to the youth. The government should continue to work towards promoting the scheme and encouraging more organizations to participate in it.
As the government prepares to present the Union Budget 2026-27, the youth are eagerly waiting to see the announcements related to employment and skill development. The proposed hike in the stipend amount under the PM Internship Scheme is a positive move, and it would provide more financial support to the interns. The government’s commitment to promoting employment and skill development among the youth is commendable, and the PM Internship Scheme is an important initiative in this regard.
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