MCA likely to bring out internship scheme guidelines within two weeks

The MCA has held industry consultations on the scheme before finalising the guidelines. The ministry will also put in place checks and balances in the scheme to ensure transparency

The Ministry of Corporate Affairs (MCA) has commenced consultations with industry on an internship programme as part of corporate social responsibility (CSR) initiatives, following the Union Budget 2024-25 announcement, according to official sources.
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Illustration: Ajay Mohanty

Ruchika Chitravanshi New Delhi
3 min read Last Updated : Aug 22 2024 | 6:41 PM IST

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The detailed guidelines for the Centre’s ambitious internship scheme are likely to be released by the Ministry of Corporate Affairs (MCA) in the next two weeks, a senior government official said.

The ministry has held industry consultations on the scheme before finalising the guidelines.

Union Finance Minister Nirmala Sitharaman had announced the internship scheme to provide on job training opportunities to 10 million youth in the country’s top 500 companies over five years.

“The budget itself has provided a lot of details of how the schemes will work. The guidelines will incorporate those points and also detail the operational framework