The Union Cabinet has approved a National Apprenticeship Promotion Scheme
The Scheme has an outlay of Rs. 10,000 crore with a target of 50 lakh apprentices to be trained by 2019-20
Features
- The Scheme would be implemented by Director General of Training (DGT) under Ministry of Skill Development and Entrepreneurship (MSDE)
- It provides for incentivizing employers to engage apprentices
- 25% of the total stipend payable to an apprentice would be shared with employers directly by Government of India
- It is for the first time a scheme has been designed to offer financial incentives to employers to engage apprentices.
- It supports basic training, which is an essential component of apprenticeship training.
- 50% of the total expenditure incurred on providing basic training would be supported by Government of India
Background
- Apprenticeship Training is considered to be one of the most efficient ways to develop skilled manpower for the country.
- It provides for an industry led, practice oriented, effective and efficient mode of formal training.
- The National Policy of Skill Development and Entrepreneurship, 2015 launched by the Prime Minister focuses on apprenticeship as one of the key components for creating skilled manpower in India.
- The present scheme also aims to achieve the objective as stated in the National Policy, 2015.
- The policy proposes to work pro-actively with the industry including MSME to facilitate tenfold increase opportunities in the country by 2020-20.
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