Scholarship
Internship Scheme Of The Department Of Economic Affairs(IS-DEA)
Overview
About IS-DEA
The Internship Scheme of the Department of Economic Affairs is run by the department, part of the Union Ministry of Finance. It places postgraduate and PhD students inside the department for a short spell so they can see how the government frames macro-economic policy and carries out economic research.
Interns are attached to the kind of work the department itself handles, such as macro-economic management, capital markets, monetary and fiscal policy, foreign investment, and debt management. The stated aim is to familiarise them with how economic policy is formulated at the centre, and to have them study a specific economic problem and suggest solutions. Alongside that exposure, interns receive a token remuneration, payable on satisfactory completion of the internship and submission of the report, plus logistics support such as office space and a computer with internet access for the length of the placement.
Eligibility is limited to students enrolled in a postgraduate or doctoral programme in relevant fields, and only applicants from qualifying institutions are considered. A placement runs for three to five months. Both the eligibility conditions and the token payment are set for each cycle, so read the current notice on the department's website before applying.
Sources: myScheme - Internship Scheme Of The Department Of Economic Affairs · Department of Economic Affairs, Ministry of Finance - Internship Scheme (official career notice) · UMANG - Internship Scheme Of The Department Of Economic Affairs
Who runs it
Provider
Ministry Of Finance
Central Government
Department Of Economic Affairs
At a glance
Key details
| Level | Central |
| Scheme type | Central Sector Scheme |
| Category | Education & Learning |
| Beneficiaries | Individual |
| Benefit type | Composite |
| Application mode | Online |
Calendar
Important dates
Across all open application cycles.
| Cycle | Stage | Date |
|---|
Who can apply
Eligibility criteria
| 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 belong to Universities/Institutions within the top 25 ranks as per the National Institutional Ranking Framework, Ministry of Human Resource Development, or International Institutes of repute. | |
| The applicant should be working on specific issues relating to | Macro-economic issues |
| The applicant should be working on specific issues relating to | Infrastructure policy |
| The applicant should be working on specific issues relating to | Financial and investment laws |
| Research Proposal Requirements | The applicant should apply against specific research study opportunities. |
| Research Proposal Requirements | The applicant should indicate research interests and topics during the application process. |
| Duration Requirements | The applicant should be available for an internship period of 3 months to 5 months. |
| Duration Requirements | Preference may be given to applicants willing to stay for at least 4 months. |
| Duration Requirements | Preference / Priority |
| Duration Requirements | Preference may be given to candidates whose research proposals and competencies significantly match DEA requirements. |
| Duration Requirements | Preference may be given to candidates willing to stay for at least 4 months. |
| Other Conditions | The applicant should sign a Non-Disclosure Agreement before commencing work. |
| Other Conditions | The applicant should take the internship seriously and invest sufficient effort. |
| Other Conditions | The applicant may be relieved prematurely in case of insufficient effort or lack of interest. |
| Other Conditions | The applicant may be required to work from home due to seating restrictions. |
| Other Conditions | The applicant should follow COVID-19 precautions and protocols issued by the Department of Personnel and Training and the Ministry of Health and Family Welfare. |
Who cannot apply
Exclusions
- 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.
What you get
Award & benefits
- Internship Exposure: Exposure to macro-economic policy formulation and economic research.
- Opportunity to work on issues related to capital markets, economic reforms, foreign investment, fiscal policy, debt management, infrastructure financing, and related sectors.
- Token Remuneration: ₹10,000/- per month for Post Graduate interns.
- ₹20,000/- per month for PhD interns.
- Remuneration is payable after satisfactory completion of the internship and submission of the Report/Paper.
- Office and Academic Support: Office space, computer facilities, and internet access are provided.
- Interns are attached to Joint Secretaries, Directors, or the Office of the Chief/Principal Economic Adviser.
- Certificate: Certificate of Internship is issued after successful completion of the internship and submission of the Report/Paper.
- Validity: Internship duration is between 3 months and 5 months.
What to prepare
Documents required
Step by step
How to apply
- 1Apply online
https://mofapp.nic.in/DEA_Internship.aspx
Source
Official links
Questions
IS-DEA – FAQ
Disclaimer
Scheme details are compiled from myScheme, the Government of India’s official scheme-discovery platform, and are reproduced without alteration. Amounts, deadlines and eligibility change between cycles — always confirm on the official links above before applying. Expertie does not process applications or charge fees.