FM Nirmala Sitharaman Launches PM Internship Scheme App
ECONOMY & POLICY

FM Nirmala Sitharaman Launches PM Internship Scheme App

Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman, along with Minister of State Shri Harsh Malhotra, launched the Prime Minister’s Internship Scheme (PMIS) mobile app on March 17, 2025, at Samanvay Hall No. 5, Parliament, New Delhi. The app simplifies access to internship opportunities through Aadhaar-based registration, personalised dashboards, real-time alerts, and a dedicated support team. Smt. Sitharaman highlighted the Prime Minister’s vision behind introducing five employment and skilling initiatives, emphasising that the PMIS would help bridge the gap between academic learning and industry requirements. She encouraged industry participation, underscoring its role in nation-building and workforce development. Shri Harsh Malhotra noted that the app would significantly improve accessibility to internship opportunities. The PMIS app also integrates a referral program by the Ministry of Corporate Affairs, allowing registered users to refer others and earn rewards. The scheme, announced in the Union Budget 2024-25, aims to provide internships to one crore youth in the top 500 companies over five years. As part of the pilot phase, 125,000 internships were launched on October 3, 2024, for FY 2024-25. The scheme offers 12-month paid internships, financial assistance of Rs 5,000 per month, and a one-time grant of Rs 6,000 to eligible candidates aged 21-24 who are not in full-time education or employment. In the first round of the pilot project (October–December 2024), over 127,000 internship opportunities were posted by 280 companies across 745 districts, resulting in more than 82,000 offers. The second round, launched in January 2025, has seen 327 companies posting over 118,000 opportunities, covering diverse qualifications and sectors such as Automobile, Banking & Finance, Travel & Hospitality, and technical roles for ITI graduates. To enhance outreach, the PMIS dashboard has been improved, and over 80 awareness events have been conducted in colleges and Rozgar Melas. A framework has also been introduced to assess and reward states and UTs for effective scheme implementation. The internship application window for Round II remains open until March 31, 2025. (PIB)

Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman, along with Minister of State Shri Harsh Malhotra, launched the Prime Minister’s Internship Scheme (PMIS) mobile app on March 17, 2025, at Samanvay Hall No. 5, Parliament, New Delhi. The app simplifies access to internship opportunities through Aadhaar-based registration, personalised dashboards, real-time alerts, and a dedicated support team. Smt. Sitharaman highlighted the Prime Minister’s vision behind introducing five employment and skilling initiatives, emphasising that the PMIS would help bridge the gap between academic learning and industry requirements. She encouraged industry participation, underscoring its role in nation-building and workforce development. Shri Harsh Malhotra noted that the app would significantly improve accessibility to internship opportunities. The PMIS app also integrates a referral program by the Ministry of Corporate Affairs, allowing registered users to refer others and earn rewards. The scheme, announced in the Union Budget 2024-25, aims to provide internships to one crore youth in the top 500 companies over five years. As part of the pilot phase, 125,000 internships were launched on October 3, 2024, for FY 2024-25. The scheme offers 12-month paid internships, financial assistance of Rs 5,000 per month, and a one-time grant of Rs 6,000 to eligible candidates aged 21-24 who are not in full-time education or employment. In the first round of the pilot project (October–December 2024), over 127,000 internship opportunities were posted by 280 companies across 745 districts, resulting in more than 82,000 offers. The second round, launched in January 2025, has seen 327 companies posting over 118,000 opportunities, covering diverse qualifications and sectors such as Automobile, Banking & Finance, Travel & Hospitality, and technical roles for ITI graduates. To enhance outreach, the PMIS dashboard has been improved, and over 80 awareness events have been conducted in colleges and Rozgar Melas. A framework has also been introduced to assess and reward states and UTs for effective scheme implementation. The internship application window for Round II remains open until March 31, 2025. (PIB)

Next Story
Infrastructure Urban

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Next Story
Infrastructure Urban

Dia Mirza-backed Without® Launches FOAK Recycling Plant in Pune

Without®, an impact-first deep-tech material science enterprise, has inaugurated its first-of-a-kind (FOAK) recycling demonstration plant in Pune. The 1,030 sq. m facility can process up to 5 tons per month of “unrecyclable” plastic waste, offering end-to-end operations from material intake and separation to chemical transformation, purification, product manufacturing, and quality testing. The demonstration plant serves as a precursor to a commercial facility planned for next year. The launch follows the successful closure of a $1.9 million (approx. Rs 16.8 crore) seed funding round led ..

Next Story
Infrastructure Urban

Capital India Home Loans Rebrands as People Home Finance

"Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has announced its rebranding to People Home Finance Limited, underscoring its vision to build an inclusive, technology-led housing finance company serving India’s vast informal and self-employed segment. The rebranding follows the company’s $170 million investment round announced on 19 August 2025, led by Lightspeed, Premji Invest, and Gaja Capital. The new identity marks the next phase of expansion across Tier 2 and Tier 3 cities, with continued investments in branch infrastructure, people, proprietary technology, a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?