Why is JOIP the best option to collaborate with 500 top companies looking to implement an internship program after the 2024 budget

The current higher educational system is heavily focused on classical subjects, leaving little room for skill development. As a result, many students graduate from college that can be directly applied in the workplace don’t have practical skills.

Higher education in India faces significant challenges as a result of the current educational system, as demonstrated by the statistics below:?

1. The country where approximately 51.25% of the youth are considered employable. In other words, approximately half of college graduates are not immediately employable after graduation.
2. Out of 15 lacs, Only 6% Indian engineering students get internships every year.
3. 60% of companies face talent challenges. Hiring freshers trend has declined by 35-40 per cent compared to the previous financial year.

The need for skilling-up has become more urgent than ever.

So, in the present economic situation, the Indian government has attempted to recognize the need to address the issue of unemployment head-on. As a result, skill development is critical and one of the internship programs after the 2024 budget are main themes. It creates opportunities to capitalize on India's demographic dividend. It has used internships to kill two birds with one stone: unemployment and a shortage of skilled, employable workers. Internship programs after the 2024 budget bridge the skills gap between academia and industry, transforming students into employable professionals.

To achieve this goal, the Indian government has launched a new internship program for 500 of the country's top companies. Though participation in the scheme is voluntary, it does have advantages that organizations may want to consider in order to develop a workforce for the future. The government expects that the scheme will train 1 crore youth in 5 years.

The organization/company is expected to provide the intern with practical work experience in a skill in which the organization is directly involved. At least half of the time should be spent in a real-world work environment, rather than in a classroom. The majority of these large corporations have already made full use of their resources to provide internships. These organizations are unable to directly implement internship programs with such a large number of interns. They would need to form partnerships with other organizations that offer internships within their own company. In this case, government guidelines require these organizations to form alliances with another organization. This approach can increase capacity to meet rising demand at any time. Companies that offer bulk internships are ideal for such collaborations. They generally conduct internships online, which is more efficient and valuable.?

One such Internship company, JhaMobi Technologies Private Limited (JTPL) provides an Internship Online called JOIP (JhaMobi Online Internship Program) for UG/PG students in various technologies. Moreover, JhaMobi has 10 years of rich experience in IT development service which puts it ahead of its competitors. So having its own infrastructure for internships is a big moat. It is basically developing an ecosystem of Online Internship networks across India to create social impact in the entire internship space.?

JOIP has major stakeholders, Interns and Mentors, in its value chain. Mentors are reliable experienced IT Industry experts involved part time for top-notch guidance. It gives an extra source of income and new learning as a part of their side hustle. Hands-on execution of live projects, live doubt sessions, effective evaluation and grade system under mentorship enhance skills which can be directly applied in the workforce.?

Online mode is possible with technology leverages where JOIP has in-house developed, automated and unified software platforms like Learning Management System, Intern Management System, Content Management System, Payment gateway integration, Ticketing management system and many more for running this internship program.?

Value proposition of JOIP:?

Flexibility: Internship with options, varieties and choices. Time Options as interns can start the internship in any month for various durations. Home Comfort to make it convenient. Personalized & differentiated content for each intern to make internships available on their own terms.?

Affordable due to Online Mode, no wastage, low distribution cost, no delivery cost, asset light, no depreciation and amortization.?

Course Content: It has its own AI-Powered, multimedia-rich, structured and dynamic digital content. Industry-focused curriculum to reduce institute-industry gap.

Community building: Effective peer connect for knowledge and thought exchange

Continuous Improvement: Continuous improvements of the program align with the needs of the IT industry.?