2024 India Union Budget introduces 10M youth internships in top 500 companies over 5 years, with ₹5,000 monthly allowance funded by CSR.
In India's 2024 Union Budget, Finance Minister Nirmala Sitharaman announced a new internship program providing opportunities for 1 crore (10 million) youth in top 500 companies over a five-year period. Interns will receive a monthly allowance of ₹5,000, while companies will cover training costs through their Corporate Social Responsibility (CSR) funds. The government's aim is to address unemployment among youth in India.
July 23, 2024
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