Sarkari Yojana
Internship Scheme Of The Department Of Economic Affairs
About Internship Scheme Of The Department Of Economic Affairs
Implemented by the Department of Economic Affairs (DEA), Ministry of Finance, Government of India, this internship scheme familiarizes selected candidates with how macro-level economic policy gets made, while letting them conduct short research investigations into key economic challenges facing the country and propose solutions. It gives outstanding Post Graduate and PhD students in Economics, Law, Finance, and Management from reputed institutions an internship with token remuneration. Interns are attached to Joint Secretaries, Directors, or the Office of the Chief/Principal Economic Adviser for research and policy work spanning capital markets, economic reforms, exchange management, foreign investment, monetary policy, fiscal policy, inflation management, debt management, bilateral investment treaties, and infrastructure financing. They prepare reports/papers, present findings to the concerned divisions, and give feedback at the end. Selected interns also get office space, computer facilities, and internet support. > Objective:
- Familiarizing selected candidates with how the Government formulates economic policy at the macro level.
- Giving them a chance to conduct short research investigations into specific economic issues/problems facing the country.
- Encouraging interns to propose solutions to the issues/problems they study.
Scheme Overview
Central Government
Ministry Of Finance
Individual
Scheme Details
Eligibility Requirements
To qualify for Internship Scheme Of The Department Of Economic Affairs, applicants must satisfy the following conditions:
The applicant should be an outstanding candidate pursuing…
The applicant should be an outstanding candidate pursuing or having completed Post Graduation or Ph.D in Economics, Law, Finance, or Management.
The applicant should be from a University/Institution ranked…
The applicant should be from a University/Institution ranked within the top 25 as per the National Institutional Ranking Framework, Ministry of Human Resource Development, or from an International Institute of repute.
The applicant should be working on specific issues…
The applicant should be working on specific issues relating to:
Macro-economic issues
Management
Capital markets
Infrastructure policy
Climate finance
Financial and investment laws
Research Proposal Requirements:
The applicant should apply against specific research study…
The applicant should apply against specific research study opportunities.
The applicant should state their research interests and…
The applicant should state their research interests and topics in the application. Duration Requirements:
The applicant should be available for 3 to…
The applicant should be available for 3 to 5 months.
Preference may go to applicants willing to stay…
Preference may go to applicants willing to stay at least 4 months. Preference / Priority
Preference may go to candidates whose research proposals…
Preference may go to candidates whose research proposals and skills closely match DEA's needs.
Preference may go to candidates willing to stay…
Preference may go to candidates willing to stay at least 4 months.
Other Conditions:
The applicant should sign a Non-Disclosure Agreement before starting work.
The applicant should treat the internship seriously and put in sufficient effort.
The applicant may be relieved early if their effort or interest falls short.
The applicant may need to work from home due to seating constraints.
The applicant should follow COVID-19 precautions and protocols set by the Department of Personnel and Training and the Ministry of Health and Family Welfare.
Benefits Provided
Internship Scheme Of The Department Of Economic Affairs provides the following benefits to eligible applicants:
Internship Exposure:
Exposure to macro-economic policy formulation and economic research
Exposure to macro-economic policy formulation and economic research.
A chance to work on capital markets, economic…
A chance to work on capital markets, economic reforms, foreign investment, fiscal policy, debt management, infrastructure financing, and related areas. Token Remuneration:
₹10,000/- per month for Post Graduate interns
₹10,000/- per month for Post Graduate interns.
₹20,000/- per month for PhD interns
₹20,000/- per month for PhD interns.
Paid after the internship is completed satisfactorily and…
Paid after the internship is completed satisfactorily and the Report/Paper is submitted. Office and Academic Support:
Office space, computer facilities, and internet access provided
Office space, computer facilities, and internet access provided.
Interns are attached to Joint Secretaries, Directors, or…
Interns are attached to Joint Secretaries, Directors, or the Office of the Chief/Principal Economic Adviser. Certificate: Issued once the internship is completed successfully and the Report/Paper submitted. Validity: Internship duration ranges from 3 to 5 months.
Documents Required
Applicants should keep the following documents ready before starting the application:
A photograph of passport size
A photograph of passport size
A document establishing identity
A document establishing identity
A document confirming the address
A document confirming the address
Evidence of the most recent educational qualification (Passing…
Evidence of the most recent educational qualification (Passing Certificate / Degree / Marksheet)
Identity Card or proof of enrolment in a…
Identity Card or proof of enrolment in a Post Graduation or PhD Program in Economics/ Law/ Finance/ Management
A recommendation letter issued by the institution
A recommendation letter issued by the institution
Particulars of the applicant's bank account
Particulars of the applicant's bank account
How to Apply
Online Application
Applicants can apply for Internship Scheme Of The Department Of Economic Affairs through the online application process outlined below.
Application Portal: Open Application Portal ↗
Register on the MoF-DEA Internship Application Link of…
Register on the MoF-DEA Internship Application Link of the Ministry of Finance.
In the online application form, fill in all…
In the online application form, fill in all mandatory fields — area of interest, dates of availability, and three preferred Divisions in order, on which you'd like to work during the internship. NOTE 1: Details of business allocation to DEA and its Divisions are on DEA's website. NOTE 2: Applications not received through the web portal will not be considered. NOTE 3: Email is the only channel of communication between the Department and candidates.
Objectives
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Exclusions / Who Is Not Eligible
- The applicant should not be a graduate student, as the program is not meant for graduate students.
- The applicant should not undertake any other job for any other organisation during the internship period.
- The internship does not guarantee employment in the Department of Economic Affairs.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.