Working with MCA to roll out PM Internship Scheme: CII

Working with MCA to roll out PM Internship Scheme: CII



 The PM Internship Scheme goals to supply internship alternatives to at least one crore youth in 500 high CSR spend corporations within the subsequent 5 years. Representational file picture.
| Picture Credit score: Reuters

The Confederation of Indian Business (CII) on Tuesday (October 1, 2024) mentioned it’s working carefully with the Ministry of Company Affairs (MCA) to facilitate the implementation of the Prime Minister’s Internship Scheme that was introduced within the Price range.

The PM Internship Scheme goals to supply internship opportunities to one crore youth in 500 top CSR spend companies within the subsequent 5 years.


Additionally learn | Budget proposes five schemes with outlay of ₹2 lakh crore to generate jobs for youth

CII is performing as a vital facilitator between the federal government and the trade, guaranteeing the scheme’s efficient rollout, the trade physique said.

The PM Internship Scheme will improve youth employability in India by providing them hands-on publicity to real-world enterprise environments.

The scheme can even profit the trade by making a pipeline of expert, work-ready youth who will be employed post-internship each in massive in addition to micro, small and medium enterprise, CII said.

The MCA has additionally launched a devoted, user-centric portal for the scheme, which can function a centralised hub and a hyperlink between the businesses and the aspiring interns, permitting clean navigation of the scheme’s software and participation processes.

“With industries grappling with a rising expertise scarcity, the PM Internship Scheme supplies a vital bridge. By providing on-the-job coaching to youth, it is going to put together them to satisfy the evolving Business calls for, whereas guaranteeing that companies get entry to a talented and agile future workforce, fostering progress and innovation,” CII Director Common Chandrajit Banerjee mentioned.

“With internships for one crore youth throughout sectors, together with Manufacturing and providers, this scheme will domesticate a talented workforce able to tackle future challenges,” said Sanjiv Puri, President, CII and Chairman & Managing Director, ITC Ltd.





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