Govt may hike stipend under PM Internship in Budget 2026: Report
The Indian government has been actively working towards creating more employment opportunities for the country’s youth. One such initiative is the PM Internship Scheme, which provides a one-time stipend to interns. According to recent reports, the Ministry of Corporate Affairs may hike the stipend amount provided to interns under this scheme in the upcoming Union Budget 2026-27. This move is expected to benefit thousands of young individuals who are looking to gain work experience and kickstart their careers.
At present, new interns under the PM Internship Scheme are provided a direct benefit transfer of ₹6,000. However, if the reports are to be believed, this amount may be increased by ₹1,000-₹2,000. This would be a welcome move for many interns who are struggling to make ends meet while gaining valuable work experience. The increased stipend amount would not only help them to cover their living expenses but also provide them with a sense of financial security.
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 practical experience. The scheme is designed to help interns develop new skills, build their professional network, and enhance their employability. By providing a stipend, the government is able to support these young individuals and help them to pursue their career goals without financial burdens.
The government’s decision to hike the stipend amount is also expected to have a positive impact on the overall employment scenario in the country. With the allocation of over ₹30,000 crore for the employment scheme, the government aims to generate 350 million jobs by July 31, 2027. This is an ambitious target, and the increased stipend amount would be a step in the right direction. By providing more financial support to interns, the government would be encouraging more young individuals to participate in the scheme and gain valuable work experience.
The PM Internship Scheme has been well-received by the youth, and the government’s decision to hike the stipend amount would further boost its popularity. The scheme has already provided opportunities to thousands of young individuals, and the increased stipend amount would make it even more attractive to those who are looking to gain work experience. With the government’s focus on creating more employment opportunities, the PM Internship Scheme is expected to play a key role in achieving this goal.
The allocation of over ₹30,000 crore for the employment scheme is a significant investment by the government. This amount would be used to support various initiatives, including the PM Internship Scheme, and would help to create a large number of jobs across different sectors. The government’s target of generating 350 million jobs by July 31, 2027, is ambitious, but with the right initiatives and investments, it is achievable.
The decision to hike the stipend amount under the PM Internship Scheme is also expected to have a positive impact on the country’s economy. By providing more financial support to interns, the government would be putting more money in the hands of young individuals, which would boost consumer spending and drive economic growth. Additionally, the creation of new jobs would lead to an increase in tax revenues, which would further support the government’s initiatives.
In conclusion, the government’s decision to hike the stipend amount under the PM Internship Scheme is a welcome move. The increased stipend amount would provide more financial support to interns, encourage more young individuals to participate in the scheme, and help to achieve the government’s target of generating 350 million jobs by July 31, 2027. With the allocation of over ₹30,000 crore for the employment scheme, the government is making a significant investment in the country’s youth, and the PM Internship Scheme is expected to play a key role in achieving this goal.
The government’s focus on creating more employment opportunities is a positive step, and the PM Internship Scheme is an important initiative in this regard. By providing opportunities to young individuals to gain work experience and develop new skills, the scheme is helping to address the issue of unemployment and support the country’s economic growth. With the increased stipend amount, the scheme is expected to become even more attractive to young individuals, and the government’s target of generating 350 million jobs by July 31, 2027, is likely to be achieved.
The government’s initiatives to create more employment opportunities are expected to have a positive impact on the country’s economy and society. By providing more financial support to interns and creating new jobs, the government is helping to address the issue of unemployment and support the country’s economic growth. The PM Internship Scheme is an important initiative in this regard, and the increased stipend amount is a welcome move.
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