The Prime Minister’s Internship Scheme (PMIS) is a Central Government scheme run by the Ministry of Corporate Affairs (MCA). Its aim is to give young people real work experience in India’s large companies. The scheme was announced in the Union Budget 2024-25, with a target of one crore internships over five years. It is still in its pilot phase — the first round began in October 2024, and the third round has been running since April 2026.
What changed in the third round
The rules changed before the third round, so do not rely on the old information. The age limit is now 18 to 25 years — earlier it was 21 to 24 years. The monthly stipend rose from ₹5,000 to ₹9,000 — ₹8,100 is paid by the government directly into the bank account (DBT) and ₹900 by the company. A one-time grant of ₹6,000 is also given. The duration was cut from 12 months to 6 to 9 months — the company decides it, and it is written in each posting.
Who can apply
The applicant must be an Indian citizen aged 18 to 25 years on the date of application. The applicant must not be in full-time employment. Final-year undergraduate and postgraduate students can also apply — this relaxation was given in April 2026, but it needs a no-objection certificate (NOC) from the college. Eligibility conditions linked to family income and degrees have changed between rounds, so always check the current rules on the portal before applying.
What an intern gets
A selected intern works in the company for 6 to 9 months, with at least half of that time spent on real work — not only classroom training. A monthly stipend of ₹9,000 is paid on the basis of attendance, and a one-time grant of ₹6,000 is paid on joining, along with insurance cover. On completing the internship, the company gives an experience certificate, which helps in the job search. Remember — this is not a job guarantee.
How to apply
Applications are made only on the official portal pminternship.mca.gov.in — no agent or middleman can help with this. Register on the portal, complete your profile and choose the internship you want. There is no single last date in the third round — companies will keep posting until December 2026, and selected candidates can join until January 2027, but every posting has its own closing date. So keep checking the portal regularly for new postings.
Frequently Asked Questions
Q1: How much stipend is paid under the Prime Minister’s Internship Scheme now?
A: ₹9,000 a month in the third round — ₹8,100 from the government by DBT and ₹900 from the company. A one-time grant of ₹6,000 is also paid.
Q2: What is the age limit for this scheme?
A: The age must be between 18 and 25 years on the date of application. The old 21 to 24 years limit no longer applies.
Q3: Can final-year students apply?
A: Yes — since April 2026, final-year undergraduate and postgraduate students can apply with an NOC from their college.
Q4: Is a job guaranteed after the internship?
A: No — there is no job guarantee. It is 6 to 9 months of work experience, after which an experience certificate is given.
Useful links
- Prime Minister’s Internship Scheme official portal: https://pminternship.mca.gov.in/
- Prime Minister’s Internship Scheme on MyScheme: https://www.myscheme.gov.in/schemes/pmis
- Next Action: see all 726 Central Government schemes — /english/kendra-sarkar-ki-yojnayen-2/
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