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The Economic Times

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Internship scheme aims to bridge skill gap among youth: Nirmala Sitharaman

The PM Internship Scheme is designed to bridge the gap between industry requirements and the skill sets of job seekers. Recognizing a significant shortfall in skilled labor nationwide, senior industry leaders emphasized the need for enhanced workforce readiness. Thus, the government upgraded the scheme, raising stipends to 9,000 and lowering the eligibility age to eighteen. Now, final-year undergraduates can participate in this initiative from the corporate affairs ministry.

15 Aug 2026 12:08 am