Scheme Name: PM Internship Scheme (Ministry of Corporate Affairs)
GK and monthly revision
Internship scheme aims to bridge skill gap among youth: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman highlighted the PM Internship Scheme's role in bridging India's skill gap by aligning youth capabilities with industry needs. The scheme, under the Ministry of Corporate Affairs, was upgraded with a raised stipend of ₹9,000 and lowered eligibility age to 18 years. Final-year undergraduate students can now participate, enhancing workforce readiness. This addresses the critical shortfall in skilled labor identified by industry leaders.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
Stipend Increased To: ₹9,000 per month
Minimum Eligibility Age Lowered To: 18 years
New Eligible Category: Final-year undergraduate students
Objective: Bridge skill gap between industry requirements and job seekers' skill sets
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.