Question
With reference to the PM Internship scheme, consider the
following statements: 1. The scheme aims to provide 12-month internships to one crore candidates over a five-year period. 2. The scheme will be implemented by the Ministry of Skill Development and Entrepreneurship. Which of the statements given above is/are correct?Solution
Statement 1 is correct: About PM Internship Scheme • Announced in: Union Budget 2024-25. • Aim: To provide 12-month internships for one crore candidates in the age group of 21 to 24 years, for five years. To provide real-life work experience to job seekers in top companies. • Vacancies: 1,25,000 positions in 500 top companies for FY - 2024-25. • The top companies have been identified based on the average Corporate Social Responsibility expenditure of the last three years. Participation of the companies in the scheme is voluntary. Statement 2 is not correct: Implementing Agency: Ministry of Corporate Affairs.
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