Home India Ministry of Corporate Affairs MCA expands eligibility criteria of the Prime Minister Inter...
Date: 2026-04-22 Category: Press Release State: Union Government Country: India

MCA expands eligibility criteria of the Prime Minister Internship Scheme (PMIS) to include final-year graduate and post graduate students

Issued by Ministry of Corporate Affairs · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** The Ministry of Corporate Affairs has expanded the Prime Minister Internship Scheme (PMIS) to include final-year undergraduate and postgraduate students aged 18–25. This modification, formalized with the Ministry of Education, aims to align with the National Education Policy (NEP) by providing early industry exposure and enhancing employability. Eligible students can apply for paid positions through the official PMIS portal during the ongoing third round of the pilot phase. **Key Points / Main Content** * **Eligibility Criteria Expansion** * Final-year students of graduate and postgraduate programs are now eligible to apply. * Applicants must be between 18 and 25 years of age. * Candidates must continue to meet all other existing eligibility criteria under the scheme. * **Documentation and Institutional Requirements** * Applicants must submit a No Objection Certificate (NOC) from their educational institution. * The NOC must confirm that the internship will not interfere with the student's academic requirements. * Authorized signatories for the NOC include Deans, Principals, Heads of Department, or Training & Placement Officers. * **Financial and Professional Benefits** * Interns receive a minimum monthly financial assistance of ₹9,000. * The scheme offers exposure to professional environments, corporate processes, and real-world business cultures. * The program focuses on developing competencies such as teamwork, adaptability, communication, and problem-solving. * **Scheme Implementation** * More than 300 companies across various sectors are participating in the pilot phase. * The third round of the pilot phase is currently underway, with companies posting opportunities on an ongoing basis. * Applications are processed through the official portal: www.pminternship.mca.gov.in. **Impact Analysis** **Final-year Undergraduate and Postgraduate Students** **Impact** Students gain early access to structured, paid internships in top companies, allowing them to bridge the gap between academic learning and industry expectations before graduation. **Action Required** Eligible students must apply via the PMIS portal and secure a valid NOC from their respective institutions. **Educational Institutions (Deans, Principals, HoDs, and TPOs)** **Impact** Institutions play a critical role in facilitating the transition from education to work by verifying student eligibility for the scheme. **Action Required** Authorized officials must review requests and issue NOCs confirming that participation will not hinder academic obligations. **Participating Companies** **Impact** Companies gain access to a larger pool of talent by including students nearing the completion of their formal education. **Action Required** Companies must continue to post and update internship opportunities on the PMIS portal to engage with the expanded applicant base.

Key Entities Referenced

Prime Minister Internship Scheme (PMIS): A flagship government initiative providing structured, paid internships in top companies to youth aged 18-25, now expanded to include final-year graduate and postgraduate students. Ministry of Corporate Affairs (MCA): The primary ministry responsible for managing the scheme and implementing the expansion of eligibility criteria for the pilot phase. National Education Policy (NEP): The overarching policy framework whose objectives of enhancing student employability and industry exposure are advanced by these PMIS modifications. Department of Higher Education: The division within the Ministry of Education consulted by the MCA to formalize the decision to allow enrolled students to participate in internships.
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Ministry of Corporate Affairs MCA expands eligibility criteria of the Prime Minister Internship Scheme (PMIS) to include final-year graduate and post graduate students Final year students between 18-25 years of age can now apply to paid internships in top companies through the PMIS portal Modifications in PMIS advance India’s National Education Policy’s (NEP) goal of enhancing student employability and skill development, ensuring smoother transitions from education to work Posted On: 22 APR 2026 4:02PM by PIB Delhi In a significant step towards strengthening youth employability and industry readiness, the Ministry of Corporate Affairs (MCA) has expanded the eligibility criteria of the pilot phase of the Prime Minister Internship Scheme (PMIS) to include final-year students of graduate and postgraduate programmes. This is expected to unlock early access to structured internship opportunities in top companies across India for students, enabling them to gain hands-on industry exposure before completing their formal education. The decision has been formalized in consultation with the Department of Higher Education, Ministry of Education. New Changes Final-year undergraduate and postgraduate students are now eligible to apply under PMIS Applicants must continue to meet the existing eligibility criteria under the scheme Students are required to submit a No Objection Certificate (NOC) from their respective educational institutions during the application process The NOC must confirm that participation in the internship will not interfere with academic requirements Authorized signatories include Heads of Department, Deans, Principals, or Training & Placement Officers India’s National Education Policy (NEP) places significant emphasis on experiential learning, including internships, industry engagement, and hands-on exposure, as a core component of higher education. By enabling students to participate in structured, paid internships while they are still enrolled, PMIS advances this objective by embedding real-world learning into the academic journey. It supports the NEP’s goal of enhancing student employability and skill development, ensuring smoother transitions from education to work.Early exposure to professional environments helps students develop critical workplace competencies such as problem-solving, communication, teamwork, and adaptability, which are essential for success in today’s dynamic economy. By enabling students to participate in internships while still enrolled, PMIS aims to reduce the gap between academic learning and industry expectations, enhance job- readiness at the point of graduation, provide real-world exposure to business environments, corporate processes, and professional culture. About the Prime Minister Internship Scheme (PMIS) The Prime Minister Internship Scheme is a flagship initiative of the Government of India designed to provide structured, paid internship opportunities to youth across the country. As part of the scheme: Interns will receive minimum financial assistance of ₹9,000 per month Paid internships in top companies are available across sectors in India More than 300 companies have participated in the pilot phase of PMIS to offer internship opportunities across roles and sectors. Currently, the third round of the pilot phase is underway wherein companies are posting internship opportunities on an ongoing basis. Eligible youth between 18-25 years of age can apply through the official PMIS portal (www.pminternship.mca.gov.in) and explore internship opportunities aligned with their interests and career aspirations. **** AD (Release ID: 2254498) Visitor Counter : 939 Read this release in: Gujarati , Urdu , ही , Marathi , Telugu

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