MCA fine-tuning guidelines of PM internship scheme

The Ministry of Corporate Affairs (MCA) is racing against time to roll out the Prime Minister Internship Scheme (PMIS) in the current financial year.

- RUCHIKA CHITRAVANSHI

Even as officials are hopeful of the launch, sources said that a full fledged scheme may be introduced only next year. “The launch should happen this year hopefully. Redesigning of the scheme is under process,” a senior official said.

The MCA is currently focusing on the placements of the first batch of applicants who started their internships from December 1 onwards and the learnings would be incorporated, the official added. It is also working on fine tuning the guidelines of the scheme to make it more attractive to the youth. This could include reducing the duration of internship from 12 months presently.

Without the timely launch, the MCA would have to surrender a chunk of its budget allocation for the PMIS. With less than six months left for this financial year and poor response from applicants, launching the scheme this year is unlikely, sources said.