Finance Minister Nirmala Sitaraman has unveiled an initiative to provide internship oppurunities for 1 crore youths over the next five years over 5 years in the Union Budget 2024 on July 2023.
500 Top Companies will offer will offer this placement, interns will receive a monthly allowance of Rs 500 and alopngside a one time assistance grant of Rs 6000, companies bear the training coast and contribution of 10%
internship expenses from Corporate Social Responsibility (CSR) funds
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