New Delhi : The Ministry of Corporate Affairs (MCA) is set to unveil a list of 500 companies eligible for the government’s internship scheme, based on their average annual corporate social responsibility (CSR) expenditure over three years. This initiative, announced by Finance Minister Nirmala Sitharaman in the 2024-25 Budget, aims to foster talent development.
Key Highlights:
– MCA to operationalize internship scheme portal by month-end
– Companies to submit internship positions; applications processed online
– MCA panel to select and forward applications to companies
– Companies to choose or reject candidates based on requirements
Benefits:
This scheme offers a win-win opportunity for both companies and the government, enabling talent creation while offsetting costs.
