‘2 million interns a year?’ PM’s scheme makes corporate India anxious
It’s been only a week since the Indian government opened its internship portal for companies to put up posts to attract youth, and corporations are already feeling uneasy. For one, a part of corporate India is overwhelmed with the government aiming to provide 10 million internships over the next five years. They just don’t know how these many interns can be incorporated into their functioning.
Diversified conglomerates like Larsen & Toubro and M&M, and over 100 other companies have reportedly placed postings. The portal is expected to now open for nearly 50,000 job applicants register themselves over a fortnight starting 12 October.
So, internships have to align with employment availability, said Pasupathi S, the chief operating officer at recruitment agency Hirepro. Essentially, the focus should be more on capital-intensive sectors like manufacturing that have a high potential to absorb talent.