Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been taking various initiatives to boost employment opportunities in the country. One such initiative is the PM Internship Scheme, which provides a platform for young individuals to gain work experience and skills. In a recent development, the Ministry of Corporate Affairs is reportedly considering a hike in the stipend amount provided to interns under this scheme. According to a report by Moneycontrol, the government may increase the one-time stipend amount by ₹1,000-₹2,000 in the upcoming Union Budget 2026-27.
Currently, new interns under the PM Internship Scheme are provided a direct benefit transfer of ₹6,000. This stipend is a one-time payment made to interns to support their living expenses during the internship period. The proposed hike would increase the stipend amount to ₹7,000-₹8,000, providing more financial support to interns. This move is expected to benefit a large number of young individuals who are seeking to gain work experience and skills through the PM Internship Scheme.
The PM Internship Scheme is a part of the government’s broader initiative to generate employment opportunities and promote skill development. The scheme provides a platform for interns to work with various organizations, including government departments, public sector undertakings, and private companies. The scheme aims to provide interns with hands-on work experience, skills, and knowledge, making them more employable in the job market.
The government has allocated a significant budget for the employment scheme, which is expected to generate 350 million jobs by July 31, 2027. The allocation of over ₹30,000 crore for the scheme is a testament to the government’s commitment to promoting employment and skill development. The scheme is expected to have a positive impact on the economy, as it will provide a large number of young individuals with the skills and knowledge required to contribute to the country’s growth and development.
The proposed hike in the stipend amount is a welcome move, as it will provide more financial support to interns. The increased stipend amount will help interns to cover their living expenses during the internship period, allowing them to focus on gaining work experience and skills. This move is also expected to attract more young individuals to the PM Internship Scheme, as it will provide them with a more attractive and supportive platform to launch their careers.
The government’s initiative to promote employment and skill development is a step in the right direction. The PM Internship Scheme is a valuable platform for young individuals to gain work experience and skills, and the proposed hike in the stipend amount will make it more attractive and supportive. As the government prepares to present the Union Budget 2026-27, it is expected that the proposed hike in the stipend amount will be implemented, providing more financial support to interns under the PM Internship Scheme.
In conclusion, the proposed hike in the stipend amount under the PM Internship Scheme is a positive move that will provide more financial support to interns. The government’s initiative to promote employment and skill development is a valuable step towards generating employment opportunities and promoting economic growth. As the country moves forward, it is essential to provide young individuals with the skills and knowledge required to contribute to the country’s growth and development. The PM Internship Scheme is a valuable platform for young individuals to gain work experience and skills, and the proposed hike in the stipend amount will make it more attractive and supportive.
The government’s allocation of over ₹30,000 crore for the employment scheme is a significant investment in the country’s human capital. The scheme is expected to generate 350 million jobs by July 31, 2027, which will have a positive impact on the economy. The proposed hike in the stipend amount will provide more financial support to interns, allowing them to focus on gaining work experience and skills. As the government prepares to present the Union Budget 2026-27, it is expected that the proposed hike in the stipend amount will be implemented, providing more financial support to interns under the PM Internship Scheme.
The PM Internship Scheme is a valuable initiative that provides young individuals with the opportunity to gain work experience and skills. The scheme is a part of the government’s broader initiative to promote employment and skill development, and the proposed hike in the stipend amount will make it more attractive and supportive. As the country moves forward, it is essential to provide young individuals with the skills and knowledge required to contribute to the country’s growth and development. The PM Internship Scheme is a valuable platform for young individuals to launch their careers, and the proposed hike in the stipend amount will provide more financial support to interns.
In the upcoming Union Budget 2026-27, the government is expected to announce various initiatives to promote employment and skill development. The proposed hike in the stipend amount under the PM Internship Scheme is a welcome move, as it will provide more financial support to interns. The government’s initiative to promote employment and skill development is a valuable step towards generating employment opportunities and promoting economic growth. As the country moves forward, it is essential to provide young individuals with the skills and knowledge required to contribute to the country’s growth and development.
The news of the proposed hike in the stipend amount under the PM Internship Scheme has been reported by Moneycontrol, a leading business news website. According to the report, the government may increase the one-time stipend amount by ₹1,000-₹2,000 in the upcoming Union Budget 2026-27. The report also mentions that the government would allocate over ₹30,000 crore for the employment scheme that will generate 350 million jobs by July 31, 2027.
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