Hello folks! there is big update for students who want to do paid internship in Govt of India as DEA which comes under Indian Govt’s Ministry of finance has launched internship to know about formulation process of economic policies of govt.
Tables of content
- About DEA Internship Opportunity
- Eligibility Criteria
- Responsibilities
- Duration
- Benefits of DEA Internship Opportunity
- How to apply?
About DEA Internship Opportunity part1
The Department of Economic Affairs (DEA) invites applications under its Internship Scheme for the year 2022-23 for assignments in areas such as Capital Markets, Economic Reforms, Exchange Management, Foreign Investment in India and India Investment abroad, Monetary Policy, Fiscal Policy, Inflation Management, Debt Market Operation and Debt Management (External & Domestic), Small Savings, Modernization of Budget Documents, Bilateral Investment Treaties, Infrastructure Financing, etc.
About DEA Internship Opportunity part2
The main motive of the internship opportunity is to familiarize the selected candidates with the overall process of formulation of economic policies of the Government at the macro level. To provide an opportunity to carry out research into a key and specific economic issue/problem faced by the country and offer solutions for the same is another objective of the internship at DEA.
Eligibility Criteria
Outstanding Candidates pursuing Post Graduation or Ph.D. in Economics/ Law/ Finance Management from Universities/Institutions within the top 25 ranks as per NIRF, by Ministry of HRD or International Institutes of repute are eligible candidates for this internship.
This program is designed for Ph.D. or post-graduate students interested in macroeconomics, management, capital markets, infrastructure policy, climate finance, and financial and investment regulations.
Responsibilities
The interns will have to present to the concerned Head of Division a Report/Paper on the allotted subject at the end of the internship. Simultaneously, individuals must provide feedback on their experience with the program to the concerned HoD upon submission of their Report/Paper.
Duration
The internship duration would be not less than 3 months. Candidates who commit to staying for at least six months will be given priority.
Since the time duration is very short, interns would be required to carry out a very intense study to ensure desirable outputs in a short time frame.
Benefits of DEA Internship Opportunity
- Token remuneration/stipend of INR 10,000/- per month per inter for PG student
- Token remuneration/stipend of 20,000/- per month per intern for PhD students
- Interns will be provided with the necessary logistics support i.e. office space and computer with internet facility
- Interns receive certificates after completing a three-month internship and submitting a report, paper, feedback, or attendance certificate that has been duly certified by the Divisional Head.
How to apply?
Students must apply to specialized research study opportunities offered by Divisions.
The applicant should register on the MoF-DEA intern application link of the Ministry of Finance and indicate in their application
- their area of interest,
- duration of availability with dates/ months, and
- 3 topics of their interest in the order of their preference, on which they would like to work during their internship
For the official notification click here
Important Note
Note: Only 15 (fifteen) students will be chosen for paid internships.
Ten additional unpaid interns may be chosen among those who placed first but were not chosen for paid internships.
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