<h1>India Launches Internship Scheme to Skill Youth for Modern Economy: 1 Crore Internships in 5 Years, Focus on Inclusivity.</h1> India's government has launched the Prime Minister's Internship Scheme to equip youth with skills for the modern economy. Announced in the 2024-25 Union Budget, the scheme aims to provide one crore internships over five years, with a pilot targeting 1.25 lakh internships in 24 sectors. Eligibility is for Indian nationals aged 21-24, excluding graduates from top institutions and those engaged in existing government training schemes. Interns receive a monthly stipend and insurance coverage. The scheme is managed through an online portal, promoting diversity and social inclusivity, and involves companies with significant CSR expenditure.