Budget 2024-25: FM announces Internship Allowance of Rs.5000 for the Interns

In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman introduced a new initiative providing an internship allowance of ₹5,000 per month to interns in government departments. This allowance aims to enhance the attractiveness of internships and support the financial needs of interns, thereby encouraging more young professionals to gain valuable experience in the public sector. The move is expected to foster better engagement and skill development among interns, promoting a more robust and skilled workforce.