PM Internship Scheme 2026: Eligibility, Stipend, Apply
The All India Council for Technical Education has issued a circular dated 1 June 2026 directing all AICTE-approved institutions to promote the Prime Minister Internship Scheme (PMIS) launched by the Ministry of Corporate Affairs. The PMIS pilot project has been extended till December 2026 with a target of 1.10 lakh internships in top companies. This article covers eligibility, age limit, the monthly assistance and one-time grant, insurance cover, the registration process on the PMIS portal, ineligibility rules and the role institutions must play.
Important Links
Apply or download directly from the official portal.
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Quick Glance
Scheme Prime Minister Internship Scheme (PMIS) · Launched By Ministry of Corporate Affairs · Promoted By AICTE (Circular 1 June 2026) · Pilot Target 1.10 lakh internships, extended till December 2026 · Age 18 to 25 years · Monthly Assistance Rs 9,000 · One-time Grant Rs 6,000 · Duration 6 or 9 months · Portal pminternship.mca.gov.in
Overview
- Scheme Name - Prime Minister Internship Scheme (PMIS)
- Launched By - Ministry of Corporate Affairs (MCA), Government of India
- AICTE Circular Reference - F.No. AICTE/P&AP/PMIS/2026 dated 1 June 2026, signed by Dr. N. H. Siddalinga Swamy, Advisor-II, P&AP Bureau
- MCA Guidelines Reference - F.No. CSR/13/35/2024 (PMIS Cell), Office Memorandum dated 12 March 2026
- Objective - Enhance employability, industry exposure and practical learning for youth through structured internships in leading companies
- Pilot Project Status - Extended till December 2026 with a target of 1.10 lakh internship opportunities
- Age Eligibility - 18 to 25 years (as on the date of submission of application), Indian nationals not employed full-time
- Internship Duration - 6 or 9 months (12 months for existing pilot-project interns)
- Monthly Assistance - Rs 9,000 (Rs 8,100 by government via DBT plus Rs 900 by the company)
- One-time Incidental Grant - Rs 6,000 in two tranches
- Insurance - Cover equivalent to PMJJBY and PMSBY provided by the government
- Application Portal - pminternship.mca.gov.in
- Mode - Online registration on the PMIS portal on a rolling basis
Important Links
- AICTE PMIS Circular and Guidelines (PDF): https://aicte.gov.in/sites/default/files/PMIS%20Circular%20and%20Guidelines-%2001.06.2026.pdf
- PMIS Official Portal (Registration/Login): https://pminternship.mca.gov.in/login/
Important Dates
- AICTE Circular Date - 1 June 2026
- Pilot Project Extended Up To - December 2026
- Registration - Open on a rolling basis throughout the pilot project period
About the Scheme
The Prime Minister Internship Scheme was announced in the Budget 2024-25 to provide internship opportunities to youth in top companies, giving exposure to a real-life business environment across varied professions. A pilot project targeting 1.25 lakh internships was launched in FY 2024-25 and implemented across two rounds during FY 2024-25 and 2025-26. The pilot has now been extended till December 2026 with a target of 1.10 lakh internship opportunities. Company participation in the pilot is voluntary, and interns are not treated as employees.
Eligibility Criteria
- Age - 18 to 25 years as on the date of submission of application.
- Nationality - Indian.
- Employment - Not employed full-time.
- Educational Qualification - Candidates who have passed High School or Higher Secondary School, hold an ITI certificate, hold a diploma from a Polytechnic Institute, or are undergraduates (BA, B.Sc., B.Com, BCA, BBA, B.Pharma, B.E./B.Tech, etc.) or postgraduates (MA, M.Sc., M.Com, MCA, M.Tech, etc.).
- Distance/Final-Year Learners - Candidates enrolled in online or distance-learning programmes, or in the final year of full-time graduation/post-graduation, are eligible; separate guidelines on inclusion of full-time final-year students will be issued.
Who Cannot Apply (Ineligibility)
- Graduates/postgraduates from IITs, IIMs, National Law Universities, IISER, NIDs, IIITs and IISc.
- Holders of qualifications such as CA, CMA, CS, MBBS, BDS, MD, MS, MBA or equivalent, MPhil and PhD.
- Those undergoing any skill, apprenticeship, internship or training programme under Central or State Government schemes.
- Those who have completed apprenticeship or training under NATS or NAPS at any point.
- Candidates whose family income exceeded Rs 12 lakh in the preceding financial year (as on the date of application).
- Candidates with any family member who is a permanent/regular government employee.
For these purposes, "family" means self, parents and spouse; "government" includes Central and State Governments, UT administration, Central and State PSUs, statutory organisations and local bodies; and "employee" means regular/permanent employees but not contractual employees.
Support and Benefits
- Monthly Assistance - A monthly assistance of Rs 9,000 is paid for the entire internship duration. The company releases Rs 900 (10%) from CSR or own funds, after which the government pays its share of Rs 8,100 to the intern's Aadhaar-seeded bank account through Direct Benefit Transfer (DBT). The company's Rs 900 share may be pro-rated to attendance and policy adherence.
- One-time Incidental Grant - Rs 6,000 disbursed by the government in two tranches of Rs 3,000 each, the first within 15 days of joining and the second within 15 days of completing three months of internship.
- Insurance Coverage - The government provides Life and Personal Accidental Insurance equivalent to PMJJBY and PMSBY; companies may add accidental cover.
- Training Cost - Borne by the company from CSR or own funds.
How to Apply
- Visit the PMIS portal at pminternship.mca.gov.in and register as a candidate.
- Based on the details provided, the portal generates a resume automatically.
- Browse internship opportunities by preferred sector, functional role, location (state, district) and qualification.
- Apply for internships based on your preferences. Registration and applications are open on a rolling basis throughout the pilot project period.
- Shortlisted candidates are sent to companies for selection; the portal applies criteria promoting diversity and social inclusiveness (SC, ST, OBC and Persons with Disabilities).
- If selected, accept the company's internship offer through the portal.
An offer of internship does not create an employer-employee relationship and is not a promise of future employment.
Role of AICTE-Approved Institutions
The circular asks all AICTE-approved institutions to support implementation by creating awareness among students, encouraging eligible students to register on the PMIS portal, coordinating with participating companies, facilitating integration of PMIS internships within the academic framework, monitoring and supporting students through the internship, facilitating issuance of No Objection Certificates (NOCs) where applicable, and recognising PMIS internship experience. Institutions are also advised to nominate a Nodal Officer for PMIS coordination.
Grievance Redressal
Stakeholders, including interns and companies, can submit queries or grievances through query-redressal tools and chatbots linked to the PMIS portal, and a multilingual call centre is in place to address grievances and queries received through the helpline.