National Apprenticeship Promotion Scheme
27-January, 2017|Press Information Bureu|Full Article
The government has launched the National Apprenticeship Promotion Scheme (NAPS) on 19th August 2016 to promote apprenticeship training and incentivize employers who wish to engage apprentices.
NAPS has replaced Apprentice Protsahan Yojna (APY) from 19th August 2016.
While APY provided sharing of 50% of the stipend as prescribed by the Government only for the first two years, NAPS has provision for sharing of expenditure incurred in both providing training and stipend to the apprentice as follows:
• The government has allocated Rs. 10,000 crore to be reimbursed as stipend to NAPS at the rate of 25% of the stipend, or a maximum of Rs. 1,500 per apprentice.
• Sharing of the cost of basic training in respect of fresher apprentices (who come directly for apprenticeship training without formal training) limited to Rs. 7500/- per apprentice for a maximum duration of 500 hours/3 months.