The union government has approved a new scheme named as National Apprenticeship Promotion Scheme (NAPS) for promoting industrial training. The scheme is aimed at providing training to students in their field which will further help them in the placement and obtaining a suitable job.
National Apprenticeship Promotion Scheme has been approved by Union Cabinet with an outlay of Rs. 10,000 crore. The scheme has a target to train 50 lakh apprentices by the year 2019-20. The scheme will be implemented by the Director General of Training (DGT) under Ministry of Skill Development and Entrepreneurship (MSDE).
Under the scheme, the government will incentivize employers to engage apprentices. 25% of the total stipend payable to an apprentice would be shared with employers directly by Government of India.
This is the first of its kind of schemes that Government is offering financial assistance to the employers to engage apprentices. The scheme also provide basic training, which is essential component of apprenticeship training. 50% of the total expenditure incurred on providing basic training will be provided by the union government.
The scheme will be one of the most powerful skill-delivery schemes across the nation.
| More : Government Welfare Schemes |
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