In line with the Union Budget 2024 announcement, the Bihar government has initiated a state-specific internship scheme aimed at providing practical work experience to its youth. This initiative is part of a broader national effort to offer internship opportunities to one crore young individuals across India over the next five years.
Key Features of the Bihar Internship Scheme:
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Target Audience: The scheme focuses on students and recent graduates from Bihar’s engineering and technical institutions.Forbes India
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Stipend: Interns will receive a monthly allowance of ₹5,000, facilitating financial support during their training period.
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Corporate Participation: Leading companies operating in Bihar are encouraged to participate, with provisions for utilizing their Corporate Social Responsibility (CSR) funds to cover 10% of the training costs.
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Skill Development: The internships aim to bridge the gap between academic learning and industry requirements, enhancing the employability of participants.
Implementation and Impact:
The Bihar government plans to roll out this scheme in phases, starting with a pilot program targeting 30,000 youths over the next two years. This initiative is expected to not only provide valuable work experience but also contribute to the state’s economic development by creating a skilled workforce aligned with industry needs.
Conclusion:
Bihar’s collaboration with top companies for the internship scheme marks a significant step towards empowering its youth and enhancing their career prospects. By aligning with the central government’s vision and tailoring the program to local needs, Bihar is poised to make substantial progress in skill development and employment generation.
