DEA internship Scheme 2022: Apply Online, Eligibility & Last Date

The Department of Economic Affairs is conducting an Internship program for the Ph.D. or Postgraduate students in which they will work on different issues such as microeconomic management, economic reforms, and capital markets and will receive Rs- 10,000 for postgraduates and Rs-20,000 for Ph.D. scholars. Internships can last anywhere from three to six months. Because the time limit is so tight, interns will be expected to conduct extensive research in order to provide satisfactory results in a short period of time. Students who are interested and eligible for DEA Internships can apply online through the DEA Internship Scheme, which is backed by institutional recommendations.

We shall discuss the important aspects of this plan in this post, including the program’s principal aims, benefits, eligibility requirements, application method, and more.

DEA internship Scheme 2022

For the year 2022-23, the Ministry of Finance (MoF) is accepting applications for the DEA internship Scheme. The Internship Scheme is open to Ph.D. or Post-Graduate students working on issues such as microeconomic management, economic reforms, capital markets, exchange management, foreign investment in India and Indian investment abroad, monetary policy, fiscal policy, inflation management, debt market operation, and debt management, small savings, and so on. 

Interns will be supplied with the required logistical assistance, such as office space and a computer with internet access, as part of the internship program. Interns will receive a certificate after completing their internship for at least three months and submitting their report/papers/feedback/attendance certificate, which must be duly approved by the divisional head. Candidates must register for the Ministry of Finance Recruitment 2022 by submitting their applications online by June 16, 2022. 

DEA internship Scheme

Key Highlights of DEA internship Scheme

Conducting BodyMinistry of Finance (MoF)
Name of SchemeDEA internship Scheme 2022
ObjectiveTo provide students the chance to conduct a quick investigation into a major and specialized economic issue
Eligibility CriteriaRs-10,000 for Post-graduates and Rs-20,000 for Ph.D. scholars
BenefitsCandidates who are pursuing a postgraduate degree or a Ph.D. in economics, law, or finance management at universities or institutions.
Deadline16th of July 2022
Official WebsiteNotice DEA Internship.pdf (mofapp.nic.in)

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Objectives of DEA internship Scheme 

The main objective of the DEA Internship Scheme is given below-

  • To familiarise the selected candidates with the entire process of the government’s microeconomic policy making.
  • To give students the chance to do a brief investigation into an important and specific economic issue or problem that the country is facing, and to propose solutions.
  • The internship will be provided with the necessary logistics support i.e.office space and computers with an internet facility.

Benefits of DEA internship Scheme 

On satisfactory completion of the internship and submission of their Report/Paper/Feedback, candidates who participate in the Department of Economic Affairs Internship Scheme will receive a token remuneration of Rs-10,000/- per month per inter for PG students and Rs-20,000/- per month per inter for Ph.D. students. Interns will receive a certificate after completing a three-month internship with good results. The interns will be provided with the necessary logistics support i.e.office space and computers with an internet facility.

Eligibility Criteria

Outstanding candidates pursuing a postgraduate degree or a Ph.D. in economics, law, or finance management from universities/institutions ranked in the top 25 by the Ministry of Human Resource Development’s National Institutional Ranking Framework or QS ranked international institutes are eligible to apply for the internship. 

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Duration of Internship

Internships can last anywhere from three to six months. Because the time limit is so tight, interns will be expected to conduct extensive research in order to provide satisfactory results in a short period of time.

Important Dates

The last date for the submission of the application form for the DEA Internship Scheme is the 16th of July 2022.

Number of Positions

A maximum of 15 paid interns will accept into the program. Out of the top 10, 10 more unpaid interns may be chosen, but they will not pick for the paid internship.

Selection Process

A committee of top DEA officials will review the submissions that get shortist through an online procedure. The Department maintains the right to give any candidate an internship. Internships might be denied at any time and for any cause.

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Application Procedure for DEA internship Scheme 2022

  • Applicants who want to register for the MoF-DFA internship scheme should go to the Ministry of Finance’s Official Website and fill out an application that includes their area of interest, availability dates, and three divisions of their interest, in order of preference, where they would like to work during their internship.
Application Procedure for DEA internship Scheme 2022
  • The official website of the Drug Enforcement Administration (DEA) contains information on business allocation to the agency and its divisions.
Application Procedure for DEA internship Scheme 2022
  • Applications that are not submitted through the online site will get reject. An email will be the only mode of communication between the Department and applicants.

Submission of Papers

At the conclusion of the internship, the interns will require to give a report/paper on the assigned subject to the appropriate divisional head. Simultaneously, participants must provide feedback to the concerned Divisional Head on their experience with the program.

Terms and Conditions

Interns expect to make use of the possibilities presents to them. Interns whose performance falls short of expectations may relieve early. In the Department of Economic Affairs, an internship is neither a job nor a guarantee of one.

Contact Details

Candidates who have an interest in learning more about the Internship Scheme can call the number given.

  • Phone Number- 011-2309-5256

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