PM Internship Scheme enters second phase, targets 220 cos.

Companies like Patanjali Ayurved, Malabar Gold, and LIC Housing joined the initiative as the first phase records 127,000 offers

January 21, 2025

The first phase saw 280 of 500 shortlisted companies surpass the target, offering 127,000 internships against the goal of 125,000

Around 85,000 offers have been extended under the first phase, with half already accepted by candidates

Approximately 9,000 interns are currently engaged with large companies since December 2024

The scheme attracted 620,000 applications in its first phase, showcasing strong interest from candidates nationwide

The corporate affairs ministry has expanded the PM Internship Scheme by launching the second phase of its pilot project. To extend internship opportunities, this phase calls upon 220 companies, including Patanjali Ayurved, Welspun Living, Malabar Gold, LIC Housing Finance, and Whirlpool.

The first phase of the initiative witnessed remarkable success. About 280 out of the 500 selected companies, such as Reliance Industries, TCS, and Mahindra & Mahindra, collectively offered 127,000 internships, exceeding the initial target of 125,000.

Approximately 85,000 internship offers have been formally extended under the first phase, with nearly half already accepted. More confirmations are anticipated in the coming days. Since December 2024, when the first batch began work, around 9,000 candidates have been engaged in internships at various leading companies.

The remaining 220 companies, chosen based on their CSR contributions over the past three years, are now sustaining the scheme’s momentum. This initiative aims to provide structured opportunities to candidates while enabling organisations to participate in national development.

With 620,000 applications received in the first phase alone, the PM Internship Scheme has underscored its appeal and relevance. The second phase is poised to build on this success, further expanding the programme’s reach and impact.

Source: Economic Times

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