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.
This story is from the October 04, 2024 edition of Business Standard.
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This story is from the October 04, 2024 edition of Business Standard.
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