PM Internship Scheme 2026 Expanded: Final-Year Students Now Eligible, Earn ₹9,000 Monthly in Top Companies

In a major boost for young job seekers, the Government of India has expanded the scope of the Prime Minister Internship Scheme (PMIS). The latest update allows more students to gain real-world corporate experience while still pursuing their education—along with a monthly stipend.

This move is expected to bridge the gap between academic learning and industry requirements, making graduates more job-ready.

Big Update: Final-Year Students Can Now Apply

Earlier, the scheme primarily targeted candidates who had already completed their education. However, under the revised guidelines:

• Final-year UG and PG students are now eligible
• Students can gain hands-on industry experience before graduation

This change was introduced after consultations with the Ministry of Education to align with evolving workforce needs.

Key Eligibility Conditions

To apply under the scheme, candidates must meet the following criteria:

• Age Limit: 18 to 25 years
• Must be either:
  • A graduate/postgraduate, or
  • A final-year student in UG/PG programs

NOC Requirement:

Students applying in their final year must submit a No Objection Certificate (NOC) from their institution.

The NOC must confirm:

• Internship will not affect academic activities
• It is approved by authorities like:
  • Head of Department (HOD)
  • Dean/Principal
  • Training & Placement Officer (TPO)

Monthly Stipend and Benefits

One of the biggest highlights of the scheme is the financial support:

• Minimum stipend: ₹9,000 per month
• Opportunity to work with 300+ top companies

Apart from monetary benefits, interns also gain:

• Real corporate exposure
• Teamwork and problem-solving skills
• Better job prospects after graduation

Why This Scheme Matters

The expansion of PMIS is aligned with India’s broader education and employment goals.

• Supports objectives of the National Education Policy (NEP)
• Helps students develop practical skills alongside academics
• Reduces the gap between classroom learning and industry expectations

By gaining early exposure, students can transition more smoothly into full-time roles.

How to Apply

Interested candidates can apply online through the official portal:

• Visit: pminternship.mca.gov.in
• Browse available internship opportunities
• Select roles based on your interest and skills
• Submit the application online

Pilot Phase Update

Currently, the scheme is in its pilot phase, and the third round has already begun.

• Companies are continuously posting new opportunities
• More sectors and roles are being added regularly

This means applicants have a growing number of options to choose from.

Final Takeaway

The expanded PM Internship Scheme 2026 is a golden opportunity for students and young professionals. With eligibility now extended to final-year students, more candidates can benefit from early industry exposure and earn a monthly stipend of ₹9,000 or more.

If you’re looking to kickstart your career with hands-on experience in top companies, this scheme could be your gateway to success.