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    Stories that matter

    PM Internship Scheme (PMIS): A Golden Opportunity for India's Top 500 CSR-Driven Companies

    Category: Apprenticeships Management
    Read Time: 6 mins
    Created: 11 April 2025
    PM Internship Scheme (PMIS)

    Partner with 2COMS to drive meaningful impact through PMIS.

     

    Here is a once-in-a-generation chance for India's business behemoths, particularly the top 500 companies by CSR spending, to shape the country's future in a shifting social and economic climate. Companies like these are already changing healthcare, education, and employment opportunities. Still, the PM Internship Scheme (PMIS) opens up a whole new world, helping to shape the leaders and innovators of tomorrow in India.

    This article delves into the PMIS's main advantages, how it complies with CSR standards, and why it's a mutually beneficial program for interns and companies looking to have a bigger national effect.

    What is the PM Internship Scheme?

    Nirmala Sitharaman, the Finance Minister, announced the PM Internship Scheme during the Union Budget 2024-25. The scheme intends to provide internships to 10 million young people over five years. The initiative is designed to encourage the top 500 companies, which are identified by their average CSR expenditure over the past three years, to participate actively.

    With the primary goal of increasing the employability of young Indians by providing them with practical experience in top-tier business settings, the PMIS was formally launched at the Union Budget 2024-25. The plan is to launch in stages, with a pilot program offering 1.25 lakh internships in the first year. During these 12-month internships, interns will get a total of ₹5,000 per month, with ₹4,500 coming from the government and ₹500 from the hosting company. Furthermore, interns are given a ₹6,000 stipend for unanticipated costs. Under the Prime Minister Jeevan Jyoti Bima Yojana and the Prime Minister Suraksha Bima Yojana, the government guarantees all interns health insurance.

    Objectives of the Scheme
    • Enhancement of Skills: Give young professionals practical experience to match their abilities with industry requirements.
    • Employment Opportunities: Boost employability by giving people practical experience in prestigious organizations.
    • Fulfillment: Allow businesses to efficiently use their CSR funding for education and skill development.

    The underlying message? India's future needs not just jobs but nation-builders.

    Why the Top 500 Companies Should Care

    According to the most recent data from the Ministry of Corporate Affairs (MCA) for 2025, the Top 500 CSR-contributing enterprises in India jointly expended approximately ₹22,000 crore on CSR initiatives in FY 2023-24 (MCA CSR Report, 2025). As the focus on impact-oriented CSR intensifies, PMIS provides a systematic and effective means to allocate these expenditures.

    Here's why PMIS is a visionary strategic move:

    • Structured CSR Impact: PMIS can be included in internship programs under education, livelihood enhancement, and skill development activities under Schedule VII of the Companies Act, 2013.
    • Concrete Community Upliftment: PMIS internships provide businesses with a direct means of promoting social justice by focusing on impoverished and neglected youngsters.
    • Talent Pipeline for the Future: Businesses can find promising interns, coach them, and even hire them, thereby reducing the cost of hiring and onboarding new employees.
    • Improved Employer Branding: Participating in a national flagship program improves a company's reputation, particularly among young people looking for work and educational institutions.

    How PMIS Works: A Quick Overview

    Eligibility for Companies

    • Companies listed among the Top 500 by CSR spending (as per MCA data)
    • Must have an active CSR Board Committee
    • Willing to host interns for a minimum of 8–12 weeks

    Eligibility for Interns

    • Final-year undergraduate or postgraduate students from recognized Indian institutions.
    • Candidates from NSDC-affiliated vocational training centres.
    • Preference for first-generation learners, girls, and youth from aspirational districts.

    How Companies Can Participate

    • Register on the PMIS Portal (pmis.gov.in or via NSDC): Share internship offerings and project briefs
    • Host Interns: Provide mentorship, a learning-rich environment, and modest stipends
    • CSR Compliance: File outcomes with MCA under CSR disclosures

    How 2COMS Group Empowers Your PMIS Journey

    With a history spanning over thirty years, 2COMS Group has established itself as a front-runner in the Indian workforce solutions industry. It specializes in staffing, skilling, and CSR deployment. Thanks to its sectoral knowledge and statewide network, the best companies in India can rely on 2COMS to operationalize PMIS.

    Here's how 2COMS helps:

    1. End-to-End Implementation Partner
    2COMS manages the entire lifecycle of the PMIS process—from intern sourcing, onboarding, compliance, training logistics, and post-placement support.

    2. Domain-Specific Training Modules
    Through its skill vertical JobsAcademy, 2COMS offers customized, NSDC-aligned training programs across industries such as:

    • Retail and Logistics
    • Healthcare and Pharma
    • BFSI and IT/ITES
    • Manufacturing and Electronics
    • EV and Green Jobs

    3. CSR Advisory & Impact Reporting
    2COMS offers customized dashboards and impact reports for each client, showcasing how CSR funds are translated into measurable, on-ground impact.

    4. Pan-India Presence
    With operations in over 25 states and a vast network of skill centres and training hubs, 2COMS can source and train youth across urban, semi-urban, and rural India.

    5. Technology-Driven Execution
    From intern tracking to stipend disbursal and documentation, 2COMS uses robust technology platforms, ensuring transparency and compliance with government protocols.

    What's in It for You?

    By joining PMIS with 2COMS as your execution partner, your company gets:

    • Straightforward Adherence to Government Regulations
    • A Model That Is Scalable Across Geographies and Roles
    • Measurable ROI and Social Impact
    • Access to Skilled Personnel for Upcoming Hiring
    • Appreciation as a Youth-First Company

    Final Thoughts

    The PM Internship Scheme is more than just a policy; it is a movement to prepare and employ the next generation. This is an excellent chance for the top 500 organizations to be at the forefront of this transformation.

    With 2COMS by your side, you don't just participate; you lead, influence, and leave a legacy.

    Ready to Get Started?
    Visit pminternship.mca.gov.in or contact 2COMS Group to explore how your organization can become a leader in developing India's workforce of the future.

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