New Delhi, April 22 -- The government has expanded the eligibility criteria for the Prime Minister Internship Scheme (PMIS), allowing final-year undergraduate and postgraduate students apply for it, the ministry of corporate affairs said in a statement on Wednesday.

The scheme now covers candidates in the age group of 18-25 years, from the earlier norm of 21-24 years, showed a government order posted on the official PMIS portal. By enabling students to undertake internships during their academic programme, the scheme aims to allow the students to integrate classroom learning with practical experience.

Interns will receive a financial assistance of Rs.9,000 a month under the scheme in the third round of the pilot project, 90% of which wi...