APPRENTICE

  The government has amended the apprenticeship act to increase the scope of employment and bridge the existing skill gap. Read on to learn more. Whats in the news!  The government has been undertaking steps to increase the scope of employment and bridge the skill gap. The amended Apprenticeship Act enables small-scale to large-scale firms to hire and deploy more apprentices throughout the contract interval. This has boosted apprentice hiring by  up to 15%. The amendments made in the  apprenticeship act  are particularly aimed to enhance and improve the level of skill development in India. Additionally, it aims to improve the flexibility of employment in Indian companies. It has expanded the scope of apprenticeship hiring, thus enabling Indian companies to ensure flexible hiring. According to  Economic Times , companies including the public sector train only 2.5 to 3% apprentices of the total workforce, therefore, the number of trained apprentices rema...

  Discover the power of   apprenticeships   as a pathway to uncovering and nurturing talent, unlocking opportunities for growth and success. In the continuously changing world of talent acquisition and development, organizations always look for new ways to find and develop potential. The  apprenticeship program  is one approach that has stood the test of time but still needs to be used more. This program offers a unique mix of learning on the job and in the classroom. There are great ways to find and grow talent. India has a growing number of young people. Every year, more than seven million people finish  high school or college , which is helping the country reach its goal of becoming a trillion-dollar economy. But we still need more qualified people with the right skills. The  India Skills Report , which just came out in its eighth version, shows that less than half of the graduates in India are ready for work. This is a terrifying trend for the mill...

  Unravel the intricacies of NAPS and NATS! Dive into the realm of apprenticeship, decode their differences, and discover the claim's approving authorities. In an effort to equip the youth of India with employable skills, several programs have been developed. The  National Apprenticeship Promotion Scheme (NAPS)  and the National Apprenticeship Training Scheme (NATS) are effective initiatives. Both aim to enhance skills through apprenticeships, but their operational frameworks and claim-approving authorities are significantly different. In this blog, we'll compare and contrast these two remarkable schemes. Despite being subject to the 1962  Apprenticeship Act's  regulations, did you know that  NAPS  and  NATS  have separate ministries in charge of their administration? Understand the Differences Between NAPS and NATS A government program called  National Apprenticeship Promotion Scheme (NAPS) , introduced in 2016. It offers financial ince...

  The provision for withholding the stipend paid to the industry in the last quarter until a candidate presents for evaluation has also been abolished, allowing for a continuous flow of cash to the industry for apprenticeship training. Establishments with operations in four or more states would no longer be required to register in numerous places, and the industry will also get stipend support throughout the basic training period. The government presently reimburses up to INR 7,500 for each apprentice and a 25% or a maximum of INR 1,500 as a stipend per month under the National Apprenticeship Promotion Scheme (NAPS). Apprentices can make up 2.5% to 15% of a company's total employment under the present plan, and companies with 30 or more workers must hire apprentices. The increasing emphasis on apprenticeship follows the government's failure to meet its aim of teaching five million apprentices across the country through NAPS. Even at 0.5 million, India's apprentice populatio...

  Instead of the old-fashioned mechanisms that are already in place, there should be a network that allows for the skill development of millions upon millions of young people in India, and this network should cover the entire country. They need to9 acquire the abilities that will allow them to contribute to India's evolution into a modern nation. Their talents ought to be praised wherever they go, regardless of the country they visit. Apprenticeship training is one of the most effective ways to develop skilled labor for industry. This method uses the training facilities already present in the establishments, so there is no additional financial strain placed on the exchequer to set up a training infrastructure. Those who have undergone apprenticeship training can readily adapt to the milieu of an industrial workplace when they begin regular employment. National Apprenticeship Promotion Program Apprenticeship training is regarded as one of the most effective means of developing skill...