evidence: This employer-focussed scheme will cover all additional employment within a salary of Rs. 1 lakh per month in all sectors. New employees under this Part need not be new entrants to EPFO. The government will reimburse to employers up to Rs. 3,000 per month for 2 years towards their EPFO contribution for each additional employee. The scheme is expected to incentivize additional employment of 50 lakh persons. [...] Talking about the 5th scheme under the Prime Minister’s package, the Finance Minister stated, "Our government will launch a comprehensive scheme for providing internship opportunities in 500 top companies to 1 crore youth in 5 years (participation of companies is voluntary). They will gain exposure for 12 months to real-life business environment, varied professions and employment opportunities". An internship allowance of Rs. 5,000 per month, along with a one-time assistance of Rs. 6,000 will be provided. Companies will be expected to bear the training cost and 10 per cent of the internship cost from their CSR funds, Smt. Sitharaman added. Youth aged between 21 and 24, who are not employed and not engaged in full time education, will be eligible to apply.