About

• The Prime Minister’s Internship Scheme (PMIS Scheme) announced in the Union Budget 2024-25, aims to provide internship opportunities to one crore youth in top 500 companies in five years. 
• As an initiation to this Scheme, the Pilot Project targeted at providing 1.25 lakh internship opportunities to the youth was launched in 2024.
• This scheme provides an opportunity to the youth to get training, and gain experience and skills within the real-life environment of the businesses or organizations that help in bridging the gap between academic learning and industry requirements, in turn, assisting enhancement of her/his employability.
• The scheme targets individuals aged 21 to 24 who are currently not enrolled in any full-time academic program or not in full-time employment, offering them a unique chance to kick-start their careers. 
• Each intern will be supported with monthly financial assistance of ₹5,000, supplemented by one-time financial assistance of ₹6,000. 

Why in News?

• Government of India has launched a dedicated mobile app for the Prime Minister’s Internship Scheme.