Odisha varsities invite applications for PM Internship Scheme 2025: Know eligibility, stipend, key details

The Government of Odisha, in collaboration with the Ministry of Corporate Affairs, has unveiled the Prime Minister Internship Scheme (PMIS) 2025, a pioneering initiative aimed at transforming the career prospects of unemployed graduates.

Announced in the Union Budget 2024-25, the Odisha Higher Education Department has now instructed universities in the state to allow graduates to start enrolling in the scheme.

What is the Prime Minister Internship Scheme (PMIS)

The PM Internship Scheme offers 12-month internships in India’s top 500 companies, enabling youth to gain hands-on industry experience while addressing the gap between academic learning and market demands.

With a target to train 1 crore youth over five years, the program combines financial support, insurance coverage, and corporate mentorship to boost employability and refine technical and soft skills, ensuring participants are industry-ready.

The scheme is open to Indian nationals aged 21–24 years who are unemployed or not pursuing full-time education.

Eligibility Criteria

The scheme targets graduates holding degrees such as BA, B.Sc, B.Com, BCA, or BBA, with a family income not exceeding Rs 8 lakh annually (FY 2023–24). Further, applicants must be unemployed and not enrolled in other government-funded training programs.

Exclusions :

1. Graduates from premier institutions (IITs, IIMs, NLUs, ISER, NIDS, etc.).
2. Postgraduates (MBA, CA, CMA, CS, MBBS, BDS, PhD, etc.).
3. Individuals undergoing apprenticeships under NATS/NAPS or similar schemes.
4. Family members of permanent government employees.

Financial Benefits and Stipend

Monthly Support: Interns will receive Rs 5,000/month, split into:

1. Rs 500 from partner companies (attendance-linked).
2. Rs 4,500 via Direct Benefit Transfer (DBT) to Aadhaar-linked accounts.

Additional Perks :

1. A one-time grant of Rs 6,000 post-joining.
2. Insurance coverage under PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana.
3. Training costs covered by corporate CSR funds .

In conclusion, the PMIS marks a strategic effort to align academic training with industry needs. By placing interns in top companies, the scheme fosters practical skill development, enhancing employability.