You are here: Home » Budget » News
Business Standard

Govt to amend Apprenticeship Act to enhance opportunities for youth: FM

Govt on Monday proposed to amend the Apprenticeship Act and realign the National Apprenticeship Training Scheme

Topics
Budget 2021 | Employment in India | Youths

Press Trust of India  |  New Delhi 

Sitharaman
FM Sitharaman

To enhance opportunities for youth, the government on Monday proposed to amend the Apprenticeship Act and realign the National Apprenticeship Training Scheme for post-education apprenticeship, training of graduates and diploma holders in engineering.

Presenting the Budget for 2021-22 in Parliament, Finance Minister Nirmala Sitharaman said over Rs 3,000 crore will be set aside for this purpose.

"In 2016, we had launched the National Apprenticeship Promotion Scheme. The government proposes to amend the Apprenticeship Act with a view to further enhancing apprenticeship opportunities for our youth," Sitharaman said.

The National Apprenticeship Training Scheme for providing post-education apprenticeship, training of graduates and diploma holders in Engineering shall be realigned and over Rs 3,000 crore will be provided for this purpose.

The minister also said that an initiative is underway in partnership with the United Arab Emirates (UAE), to benchmark skill qualifications, assessment, and certification, accompanied by the deployment of certified workforce.

"We also have a collaborative Training Inter Training Programme between India and Japan to facilitate transfer of Japanese industrial and vocational skills, technique, and knowledge. We will take forward this initiative with many more countries," Sitharaman said.

The Apprenticeship Act 1961 was last amended in 2014.

The Act was enacted with the objective of regulating the programme of training of apprentices in the industry by utilizing the facilities available for imparting on-the-job training. The Ministry of Skill Development and Entrepreneurship is the administrative ministry responsible for implementation of the Act.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, February 01 2021. 14:52 IST
RECOMMENDED FOR YOU