Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been actively working towards creating more job opportunities for the youth and promoting skill development in the country. One such initiative is the PM Internship Scheme, which provides a platform for young individuals to gain practical experience and skills in various fields. According to recent reports, 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 reports, the government is considering increasing the stipend amount by ₹1,000-₹2,000, which would be a significant boost for the interns. Currently, new interns under the scheme are provided a direct benefit transfer of ₹6,000. This amount is given as a one-time stipend to help interns cover their expenses during the internship period.
The proposed hike in the stipend amount is expected to be announced in the Union Budget 2026-27, which will be presented by the Finance Minister in the coming months. The government is also planning to allocate a significant amount of funds for the employment scheme, which is expected to generate a large number of jobs in the country.
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 is a significant target, and the government is working towards achieving it through various initiatives, including the PM Internship Scheme.
The PM Internship Scheme is a flagship program of the government, which aims to provide young individuals with an opportunity to gain practical experience and skills in various fields. The scheme is open to students and young individuals who have completed their education and are looking to gain work experience. The scheme provides a stipend to the interns, which helps them cover their expenses during the internship period.
The proposed hike in the stipend amount is expected to benefit a large number of interns who are currently enrolled under the scheme. The increased amount will help them cover their expenses more comfortably and focus on gaining valuable work experience.
The government’s decision to hike the stipend amount and allocate a significant amount of funds for the employment scheme is a positive step towards promoting skill development and job creation in the country. The move is expected to benefit not only the interns but also the economy as a whole, as it will lead to an increase in the number of skilled workers in the country.
The PM Internship Scheme has been successful in providing opportunities to young individuals to gain practical experience and skills in various fields. The scheme has been widely appreciated by the students and the industry, and the proposed hike in the stipend amount is expected to make it even more attractive to the young individuals.
The government’s focus on skill development and job creation is a welcome move, and the PM Internship Scheme is an important initiative in this direction. The scheme provides an opportunity to young individuals to gain practical experience and skills, which is essential for their career growth and development.
In conclusion, the proposed hike in the stipend amount under the PM Internship Scheme is a positive step towards promoting skill development and job creation in the country. The government’s decision to allocate a significant amount of funds for the employment scheme is expected to benefit a large number of interns and generate a significant number of jobs in the country. The move is expected to have a positive impact on the economy and is a welcome step towards creating more job opportunities for the youth.
About the Author
