In Round 1, PMIS saw only 280 companies offered 82,000 internships to students. Only 28,000 candidates accepted opportunities with the firms and ultimately, just 8,725 joined.
The scheme aims to skill youth in tier-2 and tier-3 cities for future employment. The government is yet to release data on how many have actually joined companies in round 2.
Despite a lot of initial interest, scheme plagued by hurdles since 1st round launch in October 2024. Corporate affairs ministry makes changes in round two to make scheme more viable.
The Ministry of Corporate Affairs said these internships will be at India’s top 500 companies, based on their corporate social responsibility expenditure over the last 3 years.
Guidelines given for research internships, which are mandatory for graduation under NEP. Also required for students who want to exit with certificate or diploma after 1 or 2 years.
UGC’s new guidelines have asked colleges to dedicate at least one full semester to internships and evaluate students on the basis of their internship experience.
AICTE has told institutions to instruct students to abide by social distancing guidelines and not take up any internship that involves travel or contact with outsiders.
The programme, launched in 2017, is supposed to help develop skills among the youth. But govt officials say there’s a lack of interest for a variety of reasons.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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