Scheme for apprenticeship training

  1. News: The Centre approved an outlay of Rs 10,000 crore towards National Apprenticeship Promotion Scheme
  2. Aim: To provide apprenticeship training to 50 lakh youth by 2020
  3. The scheme will provide financial incentives to employers to engage apprentices
  4. The Ministry of Skill Development and Entrepreneurship will share 25% of the total stipend payable to an apprentice with employers
  5. The government will also fund 50% of the total expenditure incurred by the employer in providing basis training to apprentices
Skilling India – Skill India Mission,PMKVY, NSDC, etc.
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