Under the scheme, each intern will receive a monthly allowance of Rs 5,000, along with a one-time benefit of Rs 6,000 after one year. Union Finance Minister Nirmala Sitharaman announced the scheme during the Union Budget for the 2024-25 financial year.
Candidates go through a multi-step selection process before being offered an opportunity to intern and then pre-placement offers are released based on their performance during the internship.
