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The PM Internship Scheme – A Project by Government of India

It was initiated by the government in October 2024, to bridge the gap between education and employment by providing young people with internships in top companies across industries. Our integrated management solution empowers companies to leverage this scheme effectively, from intern onboarding to performance tracking, helping companies reduce internship management costs.

What you get from us to manage PMIS on your behalf

  1. Cost Efficiency in Intern Management

With our cost-effective management platform, companies can save significantly on intern management while fostering a skilled talent pool.

  1. End-to-end Process Management

We handle the entire intern lifecycle, from selection, onboarding, and verification to payroll management and performance tracking, ensuring smooth and compliant internship management.

  1. Integrated HR Management

Our modular HR platform seamlessly integrates with existing HRMS systems, managing interns’ daily needs while supporting long-term employability development.

  1. AI-Driven Recruitment and Selection

Using AI algorithms, we shortlist and match interns to roles based on socio-economic profiles, career aspirations, and industry needs, ensuring a high compatibility rate.

  1. Compliance and Monitoring

Our platform is compliant with government requirements, automating compliance processes for a hassle-free experience.

By partnering with us, companies can confidently participate in the PM Internship Scheme, gaining access to a stable, skilled workforce while fulfilling Corporate Social Responsibility (CSR) goals through national growth initiatives.

What is PM Internship Scheme

  • Duration: One-year internship program
  • Eligibility: Candidates aged 21-24 who are not currently employed full-time
  • Stipend: Interns receive a monthly stipend of ₹4,500 from the government and an additional ₹500 from their employer.
  • One-time Grant: A one-time government grant of ₹6,000 is provided to cover incidental expenses.
  • Insurance Coverage: Interns are covered under the Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.

Benefits of the PM Internship Scheme for Candidates

  • Real-world Experience: Gain practical experience in top companies and learn from industry experts.
  • Skill Development: Develop essential skills like teamwork, communication, problem-solving, and leadership.
  • Networking Opportunities: Build connections with professionals in your field and expand your network.
  • Career Advancement: Enhance your career prospects and increase your chances of securing a job after the internship.
  • Financial Support: Receive a monthly stipend and a one-time grant to cover expenses.

What are the challenges faced by companies?

  • Mobilization and Identification of the Relevant Interns: Many youths lack a career mindset and need nurturing; they come from diverse regions with limited access, so stipends alone aren’t enough. Long-term socio-economic support and mentorship are essential.
  • Absence of a system to evaluate/ onboard/ verify/ manage the interns: Standard HR processes may not suit this demographic. A specialized, cost-effective system is needed to evaluate, onboard, and manage interns while ensuring compatibility with existing HR platforms and government compliance.
  • The Skilling ecosystem needs to be weaved in: Identifying and training interns is crucial for their growth. Customized skilling options (virtual, hybrid, in-person) and partnerships across India are needed to make the process seamless.