Cabinet approves apprenticeship scheme for next 5 years; 9 lakh to be trained
Anu Parthiban | November 24, 2021 | 04:11 PM IST | 1 min read
The Cabinet gave its approval for continuation of the National Apprenticeship Training Scheme (NATS) and stipendiary support of Rs 3,054 crore to apprentices.
NEW DELHI: The Cabinet today approved the continuation of the National Apprenticeship Training Scheme (NATS) for next five years. Nearly 9 lakhs apprentices will be trained by industry and commercial organisations, the Cabinet Committee on Economic Affairs said.
The Cabinet Committee chaired by Prime Minister Narendra Modi gave its approval for stipendiary support of Rs 3,054 crore to apprentices who undergo apprenticeship training under NATS of Ministry of Education for the period from 2021-22 to 2025-26 that is upto March 31, 2026.
Also read | Despite Covid, 36% of students globally chose to study abroad: Survey
The apprentices who have completed graduate and diploma programme in Engineering, Humanities, Science and Commerce will be given stipends of Rs.9,000/- and Rs.8,000/- per month respectively, according to the official statement.
The Government has approved an expenditure of more than Rs 3,000 crore during the next five years which is about 4.5 times the expenditure made during the previous 5 years. This increased expenditure on apprenticeship is in line with the thrust which National Education Policy (NEP) 2020 has given to apprenticeship.
The scope of NATS has further been expanded to include students from humanities, science and commerce besides students from engineering stream.
“The scheme aims to raise the standards of skill level by strengthening the skill ecosystem and as a result, will provide employment to approximately 7 lakhs youths in the next five years,” it said.
Also read | Equal Right to Learn: Why a disability rights NGO has moved SC over online education
The NATS will provide apprenticeship in the emerging areas under 'Production Linked Incentive' (PLI) such as Mobile manufacturing, Medical devices manufacturing, Pharma sector, Electronics/Technology products, Automobile sector etc. The scheme will also be preparing skilled manpower for connectivity/logistics industry sectors, identified under GatiShakti.
Follow us for the latest education news on colleges and universities, admission, courses, exams, research, education policies, study abroad and more..
To get in touch, write to us at news@careers360.com.
Next Story
]ICAI CA Exams 2021: Plea in Supreme Court seeking opt-out option for symptomatic candidates
ICAI CA Exams 2021: A CA student has approached the supreme court seeking an opt-out option for CA December exams for candidates with COVID-19 symptoms. The plea says that the CA exam day instructions do not provide any alternative system for candidates with COVID-19 symptoms.
Shubham Bhakuni | 1 min readFeatured News
]- Study in India falls short on visa issues, curricula; NITI Aayog sets 5 lakh foreign students target for 2047
- Exam déjà vu? AMU law faculty reuses last year’s BA LLB Hons question paper; students oppose retest
- Pre, Post-Matric Scholarships for minorities disbursed to thousands of ineligible or fake beneficiaries: CAG
- PMKVY: CAG flags missing names from Skill India scheme, 34 lakh losing payout due to poor NSDC oversight
- ‘IIM Ahmedabad Dubai is the brand ambassador of Indian education system in UAE’: Dean of new campus
- TISS Mumbai: More students seek help for relationship woes than studies; women prefer text, show helpline data
- Education budget utilisation has improved since Covid pandemic: Government data
- DU axe on Indian languages in BA Programme over empty seats; teachers blame CUET, vacancies
- Allahabad University, central institutes ‘bypass’ SC, ST hiring with ‘not found suitable’ excuse: Panel
- Over half of NCERT posts lie vacant, zero hiring for two straight years; NCTE, NIOS no different