Key Points
However, what has created a buzz is the policy to facilitate internship opportunities for freshers across 500 Indian companies...
Interestingly, some Indian HR leaders and other industry experts have expressed concerns over this policy...
In alignment with this, Emmanuel David,former HR leader and Mentor for the Executive Master of Science programme at Columbia University Center for Technology Management said that it is a good way to show compassion and care for society, given the high unemployment rate in the country right now...
So the internship period needs to be shorter and with more compensation, he said.. Per the announcement by Finance Minister Nirmala Sitharaman, the government will only provide the monthly wage and a one-time aid of Rs. 6,000, while the rest of the cost is to be borne by the companies from the corporate social responsibility (CSR) fund...
On this, HRtech company Vantage Circles cofounder and CEO Partha Neogi said, Internships play a crucial role in shaping the future workforce and skill development..
