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Current Affairs related to MCA

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29 April 2026 NATIONAL

The Ministry of Corporate Affairs (MCA), in consultation with the Department of Higher Education (DoHE) under the Ministry of Education (MoE), has expanded the eligibility criteria for the pilot phase of the ‘Prime Minister Internship Scheme’ (PMIS) to include final-year undergraduate and postgraduate students.

The age limit for PMIS is revised to 18-25 years (from the previous 21-24 years), while maintaining all other conditions. The Government of India (GoI) has increased the monthly stipend to ₹9,000 for the one-year internship, with 90% of the funding provided by the government. Additionally, interns will receive financial assistance of ₹6,000, disbursed in two installments.

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