Government launches new scheme aimed at providing internship opportunities

This will benefit 1 crore young individuals across 500 top companies

It is designed to bridge the gap between education and employment

In a significant boost to youth employment and skill development, the Indian government has launched a new scheme aimed at providing internship opportunities to 1 crore young individuals across 500 top companies. The initiative is designed to bridge the gap between education and employment by offering valuable real-world experience and skills.

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Under the scheme, interns will receive a monthly allowance of ₹5,000 and a one-time assistance of ₹6,000. This financial support is intended to ease the burden on interns while they gain practical experience in their chosen fields. Companies participating in the program will contribute to the training costs through their Corporate Social Responsibility (CSR) funds.

In addition to the internship scheme, the government has allocated ₹1.48 crore to train 20 lakh youth over the next five years. This funding is part of the broader effort to empower young individuals and enhance their employability in a competitive job market.

The initiative reflects the government’s commitment to improving employment opportunities and equipping the youth with the skills necessary to succeed in the modern workforce. By partnering with leading companies and leveraging CSR funds, the program aims to create a robust pipeline of skilled professionals ready to meet the demands of various industries.