PM Internship Scheme: Eligibility criteria relaxed, 353 companies join pilot phase
The government has revised the PM Internship Scheme (PMIS) to attract larger companies, but the response has been low, with only 73 new companies joining in the second round. The eligibility criteria now includes companies with a turnover of Rs 1,000 crore or networth of Rs 500 crore. The scheme aims to provide internships to 10 million people with a monthly stipend of Rs 5,000.