GENERAL29 Sept 2026
PM Internship Scheme: only 20% of offers convert to joins in three rounds
The PM Internship Scheme, launched in October 2024, posted 4,00,822 internship openings across three rounds. But only 20% of candidates who got offers actually joined, with relocation and wage mismatch given as reasons. Internships run six to twelve months and pay a ₹9,000 monthly stipend. For employers, filling intern seats still needs a clear pay and location pitch, so plan your outreach early.
Key Statutory Highlights
- Three rounds of the PM Internship Scheme posted 4,00,822 internship opportunities.
- Only 20% of candidates who received an offer actually joined, with relocation and wage mismatch cited as reasons.
- The scheme, launched in October 2024, pays a ₹9,000 monthly stipend for internships lasting six to twelve months.
Actionable Advice for Taxpayers / Founders:If you plan to host interns under this scheme, review your stipend amount and work location details, and talk to your HR team early so your offers are less likely to be turned down.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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