Two government-backed routes dominate student searches: AICTE internships (via the AICTE internship portal) and the PM Internship Scheme (MCA, top-500 companies). They solve different problems — here is the exact difference, so you apply to the right one.
⚡ Quick answer: Want a monthly stipend (~₹5,000) in a top company? Apply to the PM Internship Scheme (ages 21–24, 12 months). Want volume and flexibility while studying? Use the AICTE portal — thousands of listings, many short-term and remote. Doing both in sequence (AICTE first for proof, PM Scheme next for stipend) is the strongest play. Always verify current figures on the official portals.
| Factor | AICTE internships | PM Internship Scheme |
|---|---|---|
| Run by | AICTE + partner companies | Ministry of Corporate Affairs + top-500 companies |
| Stipend | Varies — many unpaid, some paid | ~₹5,000/month + one-time ₹6,000 grant (per scheme announcement) |
| Duration | Weeks to 6 months | 12 months |
| Eligibility | Enrolled students (broad) | Ages 21–24, not full-time employed/studying, income conditions |
| Mode | Remote + on-site mix | Mostly on-site at company locations |
| Best for | Building proof while in college | Post-study income + big-company brand |
🎓 Mentor's verdict: "Sequence them. An AICTE-listed or private certified project first gives you the 'already trusted by someone' signal that makes every later application — PM Scheme included — convert higher. Students who arrive with proof get shortlisted; students who arrive with hope wait." — Rohit Gallipalli, AI Career Mentor, TaskVeda
Both schemes are competitive and run in rounds. Between rounds, build proof with TaskVeda's free internship with certificate (rolling cohorts, ₹0) or compare free vs paid certificates before spending money anywhere.
What is the stipend under the PM Internship Scheme?
About ₹5,000/month (₹4,500 government + ₹500 company) plus a one-time ₹6,000 grant, per the scheme announcement. Verify current figures officially.
Who is eligible for the PM Internship Scheme?
Broadly ages 21–24, not in full-time employment or education, with income conditions. Criteria shift per round — check the portal.
Is the AICTE portal free?
Yes — registration and applications are free. Stipends depend on each listing.
Can I apply to both?
Yes. Build proof on AICTE/private programs first, then target the PM Scheme for stipend + brand.
Note: scheme figures change per official round. Verify stipend, age and income criteria on the official portals before applying. Last reviewed: October 2026.