<h1>New Scheme Offers 1 Crore Youth Paid Internships in Top 500 Companies, Boosting Career Opportunities and Skill Development.</h1> The government has introduced a new scheme under the Prime Minister's package to offer internship opportunities to 1 crore youth in 500 top companies over five years. Announced during the Union Budget 2024-25, the initiative aims to provide 12-month internships, offering exposure to real-life business environments and various professions. Participants will receive a monthly allowance of Rs. 5,000 and a one-time assistance of Rs. 6,000. Companies involved are expected to cover training costs and 10% of the internship expenses using their CSR funds.