Govt to give Rs 18K to PSUs, pvt cos per apprentice they hire

Public sector undertakings or corporates in technical and service sectors would be given Rs 18,000 by the government for each apprentice they hire in their organisations, Lok Sabha was informed today.
Skill Development and Entrepreneurship Minister Rajiv Pratap Rudy said during Question Hour that his Ministry has set a target for 50 lakh youths to undergo apprenticeship in three years time in PSUs and corporate houses.
"We have set aside Rs 10,000 crore for the apprenticeship programme. The money will be given directly to the PSUs or the private organisations for offering the apprenticeship to eligible youths," he said.
Around three crore youths undergo apprenticeship in China and two crore in Japan, but in India only 2.5 lakh youths undergo apprenticeship, Rudy said.

The Minister said those PSUs and private organisations which facilitate apprenticeship for two years, will be given Rs 18,000 for each of the candidate.
Rudy appealed to all central ministries to direct PSUs under them to facilitate apprenticeship for youths in all such organisations.