The PM Internship scheme pilot faced many candidate withdrawals initially, with reasons like parent pressure. Acceptance rates have improved since. The corporate affairs ministry aims to address these issues as the scheme expands. Over 620,000 applied, targeting 125,000 interns. Major companies including Reliance and Tata Consultancy participated. Formal launch is expected soon.
SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS