Top 500 companies have about 73 lakh (7.3 million) employees as of now.

That means an average of 14600 employees in each of the 500 companies, are working in these companies currently.

1 crore internships in 5 years in 500 companies will mean 20000 internships in 5 years, which is about 4000 internships in each company for each of the 5 years.

So a company which employs 14600 people is supposed to provide internships to 4000 persons in a year. Which is little over 27% of the current total number of employees.

Can a company continue to remain in the top 500, by having such a large portion of its workforce as ‘interns’?

For this center has allotted Rs. 2 lakh crores. Companies are to bear the cost of training the interns by spending their funds allotted for the CSR.

If only job creation was as easy as this empty sloganearing.

~ Swati Vaidya, Poet, Teaches Economics