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National Apprenticeship Promotion Scheme (NAPS)

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National Apprenticeship Promotion Scheme (NAPS)

Prime Minister Shri Narendra Modi launched National Apprenticeship Promotion Scheme (NAPS) during his recent visit to Kanpur. The scheme has an outlay of Rs 10000 crore and it involves incentivizing employers in sharing 25% of total cost of stipend paid to the apprentices. It is for the first time Govt. of India has come forward to incentivize the employers to participate pro-actively in apprenticeship training. On this occasion, cheques were distributed by Shri Narendra Modi for 25% share to five establishments like HAL Bangalore, BHEL Delhi, GSRTC, Gujarat, APSRTC, Andhra Pradesh and Tata Motors, Lucknow.

As a sequel to this recognition, it is expected that more and more establishments from MSMEs, Private SPSUs, CPSUs and Govt sector will come forward to engage apprentices and support Prime Ministers vision of Skill India.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 21 2016. 00:20 IST