Government Launches Major Internship Scheme for Youth in Union Budget

New Delhi: In a significant announcement during the Union Budget presentation, Finance Minister Nirmala Sitharaman introduced a new internship scheme aimed at empowering the youth of India. The scheme will provide one crore young people with internship opportunities in 500 of the country’s top companies.

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The scheme will offer internships to one crore youth, with each intern receiving a monthly allowance of Rs 5000. Additionally, a one-time assistance of Rs 6000 will be provided to cover initial expenses such as travel and accommodation.

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