TECHNICAL INFORMATION
  • Cut Roses extended to 28 + days
  • Gerbera extended to 20 days
  • Gladioli extended to 20 days
  • Bananas (not treated with ethylene) extended to 27 + days
  • Corn extended to 21 days
  • Bananas (treated with ethylene) extended to 16 + days
  • Mango/Alphonso extended to 22 days
  • Baiganpally extended to 28 days
  • Ice berg Lettuce extended to 32 days
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SPECIALISES IN

Chandra associates offers the following services:

  • Agro Technology
  • Product Development
  • Refrigeration
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Internship Agreement with Stipend in India

Internship Agreement with Stipend in India: Understanding the Legalities and Benefits

Internships are crucial for students and graduates to get hands-on experience in their field of study. Apart from gaining practical knowledge, internships also help students boost their resumes and increase their employability. In India, many companies offer internship opportunities to students and often provide a stipend to cover their expenses. However, interns must sign an agreement with the company before starting the internship. In this article, we`ll discuss the legalities and benefits of an internship agreement with stipend in India.

What is an Internship Agreement?

An internship agreement is a legal document that outlines the terms and conditions of the internship between the company and the intern. The agreement includes important information such as the duration of the internship, the expected duties and responsibilities, the stipend amount, and the terms of termination. It`s crucial for both parties to sign the agreement before the start of the internship to avoid any confusion or disputes during the internship.

Legalities of an Internship Agreement with Stipend in India

In India, an internship agreement with stipend falls under the ambit of the Apprenticeship Act, 1961. According to the act, an apprenticeship is a training program that provides practical knowledge and skills to individuals in a particular trade or occupation. It includes both on-the-job training and classroom education. The act governs the terms and conditions of apprenticeship, including stipend, duration, and termination.

Under the act, an intern is considered an apprentice, and the company offering the internship is considered the employer. Therefore, the company must comply with the rules and regulations mentioned in the act. The stipend paid to the intern must comply with the minimum wage rates set by the government. The duration of the internship should also follow the guidelines provided by the act. Failure to comply with the rules can lead to legal consequences for the employer.

Benefits of an Internship Agreement with Stipend in India

An internship agreement with stipend offers benefits to both the intern and the company. Some of the benefits are:

1. Practical Knowledge: Internships offer students practical knowledge and hands-on experience in their field. It helps them apply the theoretical knowledge gained in their academic studies to real-life situations.

2. Increased Employability: Internships help students increase their employability as they gain valuable experience that makes them stand out from other candidates in the job market.

3. Networking: Internships provide students with an opportunity to network with professionals in their field. This can lead to job offers or recommendations in the future.

4. Valuable Resource: Interns can also be a valuable resource for the company. They can bring new perspectives and ideas to the table. Moreover, the internship can act as a tool for the company to identify potential employees.

5. Legal Protection: An internship agreement with stipend protects both the intern and the company from any disputes or misunderstandings that may arise during the internship.

Conclusion

An internship agreement with stipend is a legal document that outlines the terms and conditions of the internship between the company and the intern. In India, it falls under the ambit of the Apprenticeship Act, which governs the terms and conditions of apprenticeship, including stipend, duration, and termination. Signing the agreement before the start of the internship is crucial to avoid any confusion or legal consequences. Internships offer benefits to both the intern and the company, including practical knowledge, increased employability, networking, being a valuable resource, and legal protection.

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PRESS & EVENTS

EVENTS

  • 2012 Lauched New Product Line
  • 2011 Launched Technofresh Agri Solutions, India
  • PRO Institute Des Moines, 2010, Iowa, USA
  • NAFEM Show, 2009, Orlando, USA
  • Post Harvest 2008, Bangalore, India

PRESS

2010 U.S. Patent issued for CA FILMS, Patent Number 7,772,139

2009 Book in Press to Microbial Safety of Fresh Produce, ISBN:978-0-8138-0416-3

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CONTACT US

CHANDRA ASSOCIATES

20 Zain Circle

Milford, MA

01757, USA

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