Big Move! ICAI Plans to Join Forces with PM’s Internship Scheme

The Institute of Chartered Accountants of India (ICAI) is said to seek inclusion in the Prime Minister's Internship Scheme (PMIS) 2025. The development comes amid the ongoing PMIS 2025 registration which closes on March 12, 2025. The Ministry of Corporate Affairs has launched the scheme with a view to imparting meaningful internship opportunities to young Indians between 21-24 years of age in the leading 500 firms. If onboarded, members of ICAI may gain from the scheme's provisions, such as a stipend of ₹5,000 every month and an ad-hoc payout of ₹6,000. The institute's interest in becoming a part of PMIS runs in line with its focus on strengthening professional development prospects for future chartered accountants.
Source: Business Standard