Latest News | Cabinet to Vet Tweaks to the PM Internship Scheme, Increasing Number of Cos Showing Interest

New Delhi, May 23 (PTI) An increasing number of companies are showing interest in the PM Internship Scheme (PMIS) and the Cabinet will approve some changes to the scheme based on the experience from pilot projects, a government source said.

The source added that under the scheme, two pilot projects have already been undertaken and industry chambers, like CII and Ficci, and companies beyond the top 500, too, have come forward and are showing increased interest in the scheme.

Also Read | Bodoland Lottery Result Today, May 23, 2025: Assam State Lottery Sambad Friday Lucky Draw Results Declared, Check Winners List With Ticket Numbers.

"The government will bring in some tweaks in the scheme based on its experience from the pilots. It will have to be approved by Cabinet. The Cabinet note process is on," the source said.

Announced in the Union Budget for 2024-25 last July, the scheme aims to provide internships to one crore youth in top 500 companies over five years.

Also Read | Who Is Smriti Jain, UP Woman Seen in Infamous Jaisalmer Viral Video? Know All About the 'Adult Content Creator' Arrested for Making Obscene Video of Elderly Man and Uploading It on Porn Website.

The top 500 companies have been identified by the corporate affairs ministry, which is implementing the scheme, on the basis of their average CSR (Corporate Social Responsibility) expenditure over the last three years.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)