PM Internship Scheme
Announced on October 3, 2023, with an online portal for implementation.
To connect unemployed and unemployable youth with companies for year-long on-the-job training.
Aims to benefit 4.1 crore youth over five years.
Certification: Internships may provide certifications from well-known firms, enhancing employability.
The first batch of 1.25 lakh interns will start on December 2
Lessons from the pilot will inform future scaling, with an aim for one crore internships by March 2029.
Government Policies for Job Creation and Skills Development
The scheme addresses the gap between academic training and practical skills needed by employers.
Focus on Regional Placement: Interns will be placed within their districts or states, though challenges exist in less industrialized regions.
Emphasis on shop floor skills, as well as digital and soft skills critical for modern jobs.
The government will closely track dropout rates and grievances to refine the program.
The initiative involves consultations with industry bodies to ensure relevance and effectiveness.
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