PM Internship Scheme 2025 — ₹5,000 Stipend | Eligibility & How to Apply

The Prime Minister Internship Scheme (PMIS) is a flagship government programme launched in October 2024 under the Ministry of Corporate Affairs. It aims to provide 1 crore internship opportunities over 5 years across India's top companies — giving youth hands-on industry experience with a government-backed stipend.

Quick summary: Age 21–24, not in full-time education or employment → apply at pminternship.mca.gov.in → ₹5,000/month stipend for 12 months.

Eligibility — Who Can Apply?

Eligible qualifications:

• Class 10 or 12 pass
• ITI certificate holders
• Polytechnic diploma holders
• BA / B.Com / B.Sc / BBA / BCA graduates or dropouts
• Graduates from non-IIT/IIM colleges

Note: Students who have completed their graduation and are not currently enrolled in any further full-time programme are eligible, even if recently graduated.

Who is NOT eligible:

• IIT, IIM, IISER, NIT, AIIMS graduates (premier institutions)
• CA / CMA / CS qualified individuals
• Those currently enrolled in full-time courses
• Those currently in full-time salaried employment

Stipend & Benefits

Monthly Stipend: ₹5,000

The stipend is split between two sources:

The ₹500 government contribution is credited directly to the intern's bank account via Direct Benefit Transfer (DBT).

One-Time Incidental Grant: ₹6,000

A one-time grant of ₹6,000 is provided at the start of the internship to cover incidental expenses (travel, accommodation setup, etc.).

Insurance Coverage

Interns automatically get coverage under two central government insurance schemes at no cost:

• PM Jeevan Jyoti Bima Yojana (PMJJBY) — life insurance cover ₹2 lakh
• PM Suraksha Bima Yojana (PMSBY) — accident insurance cover ₹2 lakh

Completion Certificate

Upon successful completion of the 12-month internship, a government-recognised skill certificate is issued — useful for future job applications and government scheme eligibility.

Duration: 12 Months

All internships under PMIS are for a fixed 12-month period. There is no provision for extension or early exit for the internship count to be valid.

Which Companies Participate?

The scheme involves India's top 500 companies ranked by average CSR (Corporate Social Responsibility) expenditure over the past 3 years. These span sectors including:

• Manufacturing (automobiles, steel, cement, FMCG)
• Banking and financial services
• IT and technology
• Infrastructure and construction
• Energy and oil & gas
• Hospitality and retail
• Healthcare and pharma

Companies list over their available internship positions by state, city, sector, and duration on the portal. Interns can filter by location and interest.

How to Apply — Step by Step

Portal: pminternship.mca.gov.in

1. Register on the portal

   • Go to pminternship.mca.gov.in
   • Click "Register as Candidate"
   • Enter your mobile number → verify with OTP

2. Complete your profile

   • Personal details (name, DOB, address, Aadhaar number)
   • Educational qualifications
   • Preferred location and sector
   • Upload documents (photo, signature, marksheets)

3. Browse and apply for internships

   • View available internship listings
   • Apply for up to 5 positions
   • Applications are visible to the company's HR team

4. Selection by company

   • Companies shortlist candidates based on profile
   • Selection may involve a brief screening or interview
   • You receive a notification on the portal and registered mobile

5. Offer letter and joining

   • Accept the offer on the portal
   • Complete bank account linking for DBT (Aadhaar-linked account preferred)
   • Receive the ₹6,000 one-time grant upon joining
   • Stipend of ₹5,000/month begins from the first full month

Application Rounds

The scheme runs in multiple recruitment rounds:

Check pminternship.mca.gov.in for the current round's application window and deadlines.

Documents Required

• Aadhaar card
• Class 10 / 12 marksheet
• Highest qualification certificate/marksheet
• Bank account details (preferably Aadhaar-linked for DBT)
• Passport-size photograph
• Income proof (family income below ₹8 lakh)

Frequently Asked Questions

Can a graduate with B.Tech apply?

Yes — B.Tech graduates from non-premier institutions (not IIT/NIT/IISER) between age 21–24 who are not currently enrolled in further studies and not in full-time employment are eligible.

Can I apply if I'm doing a part-time job?

Part-time employment status is a grey area — the condition is "full-time employment." If you're doing occasional freelance work or part-time roles, you may still be eligible. The key is you must not be in a formal full-time salaried position.

Is the ₹5,000 stipend taxable?

The ₹500 government DBT component and the ₹4,500 company component together form the stipend. Internship stipends are generally taxable as "income from other sources" if they exceed ₹2.5 lakh/year. ₹5,000 × 12 = ₹60,000 annually — this is below the basic exemption limit, so effectively no tax for most interns.

What happens if the company doesn't pay?

The company's ₹4,500 share is routed through the PM Internship Fund, not paid directly. The government oversees disbursement. Any issues can be raised through the portal's grievance mechanism.

Can I leave the internship midway?

You can exit, but you lose eligibility for the scheme in future rounds. The ₹6,000 one-time grant may need to be returned. The completion certificate is only issued at the end of 12 months.

Is this scheme only for unemployed youth?

Yes — it specifically targets those not in full-time employment or education, bridging the gap for youth who have completed education but haven't found formal employment.

Are internships available across all states?

Yes — companies post internships across multiple cities and states. Use the location filter on the portal to find opportunities near you.

What is the difference between PM Internship Scheme and NSP scholarships?

NSP (National Scholarship Portal) provides scholarships to students currently enrolled in education. PM Internship Scheme is for post-education youth (21–24) who are not currently studying — it's an industry experience programme, not an academic scholarship.