New Delhi. Two important schemes are being run by the Central Government to provide better employment opportunities to the youth of the country and to make them economically strong. Through these, the youth are not only getting an opportunity to gain job experience, but those getting jobs for the first time are also being given financial incentives. These include Prime Minister Internship Scheme and Employment Linked Incentive Scheme. Let us know which youth can get the benefit of these two schemes.
1. Prime Minister Internship Scheme: Will get ₹ 9,000 every month
The objective of the Prime Minister Internship Scheme is to give the youth an opportunity to learn and gain practical experience by working in big companies of the country. Under this scheme, selected youth get a chance to do internship in companies. The special thing is that during the internship they are also given a stipend of Rs 9,000 every month.
Who can apply?
Under this scheme, eligible youth who have done 10th, 12th pass, ITI, Diploma and graduation can apply. However, candidates must fulfill the prescribed age, educational qualification and other eligibility conditions of the scheme. Youth can benefit from this in gaining work experience after studies and preparing to get a job in future.
2. Employment Linked Incentive Scheme: Benefit of up to ₹ 15,000 on first job
The Employment Linked Incentive Scheme of the Central Government is also known as Pradhan Mantri Vikas Bharat Rozgar Yojana. Its objective is to increase new employment opportunities in the country and to connect more and more youth with organized sector jobs. Under this scheme, an incentive of up to Rs 15,000 is given to eligible employees doing formal jobs for the first time. This amount is sent directly to the bank account through two installments.
Companies will also benefit
In this scheme, incentives are given not only to the employees but also to the companies and employers who employ new people. Eligible employers can get assistance up to Rs 3,000 per month per employee for creating new jobs. This encourages companies to employ more people.
How are these schemes beneficial for the youth?
Through both these schemes, the government is emphasizing on providing skills, work experience and employment opportunities to the youth. While the Pradhan Mantri Internship Scheme gives the youth an opportunity to learn to work in companies, the Employment Linked Incentive Scheme provides financial assistance to those who get their first job.