National Apprenticeship Promotion Scheme
National Apprenticeship Promotion Scheme (NAPS) is a new scheme of Government of India to promote apprenticeship. Apprenticeship training is one of the most efficient way to develop skilled manpower for industry by using training facilities available in the establishments without putting any extra burden on exchequer to setup training infrastructure..
Apprenticeship Training consists of Basic Training and On-the-JobTraining/Practical Training at workplace in the industry.
Main Objective of Scheme
To promote apprenticeship training and to increase the engagement of apprentices from 2.3 lakh during August 2016 to 50 lakhs cumulatively by the year 2020.
Main Components of Scheme
- Sharing of 25% of prescribed stipend subject to maximum of 1500/- per month per apprentice with the employers. The stipend support would not be given during basic training period for fresher apprentices.
- Sharing of basic training cost in respect of 20% apprentices who come directly to apprenticeship training without any formal trade training. Basic training cost will be limited to 7500/- for maximum of 500 hours calculated at INR 15 per hour. There is a provision to fund basic training for 10 Lakh apprentices till March 2020.
For more details please refer to apprenticeship.gov.in