The Centre's reservation policy for Scheduled Castes, Scheduled Tribes, Other Backward Classes, and people with disabilities would be applicable to the internships offered under the Prime Minister Internship Scheme, top sources in the Ministry of Corporate Affairs (MCA) said.
The government on Thursday rolled out the scheme on a pilot basis with a budget of ₹800 crore, aiming to provide 125,000 internships to youth aged between 21 and 24 in FY25.
"We have to see that the reservation rules are followed in the overall implementation of the scheme eventually. This is a pilot, which will help us take learnings and refine the scheme going forward," a top official said.
In her Budget speech on July 23, Finance Minister Nirmala Sitharaman announced the scheme as part of the government job-push agenda. The government aims to skill 10 million youth over five years through this scheme, offering a 12-month exposure to real-world business environments and diverse professions.
The pilot project would be funded with the available resources of MCA. "When the full-fledged scheme is launched, it will need the Cabinet approval," the senior official said.
Diese Geschichte stammt aus der October 04, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 04, 2024-Ausgabe von Business Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Industry bodies urge FinMin to ease TDS rate structure
Proposal seeks to lessen compliance burden on taxpayers and avoid litigation
After SC rap, Centre doubles penalty for stubble burning
Burning issue
Proactively made all disclosures, recusals: Sebi WTM on Cong's charges
Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.
Market regulator may water down skin-in-game rules for MF executives
The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.
MSCI adds 5 Indian stocks to key index
MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.
Trump's triumph: Will bulls run amok and gold, silver sparkle?
Top brokerages highlight opportunities, risks, and contradictions the new administration may offer
REIMAGINING ROLE OF AGRICULTURE
In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics
Inside the world of mad billionaires
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
Funding education
Easy financial assistance is not enough
Policy approach
RBI is acting selectively and with care
