National Apprenticeship Promotion Scheme Latest News: DBT - Govt to directly transfer Rs 1500 per month

The Ministry of Skill Development and Entrepreneurship (MSDE) has announced that National Apprenticeship Promotion Scheme (NAPS) will be a part of Direct Beneficiary Transfer (DBT) scheme, providing direct government benefits to all apprentices. 

With the launch of the DBT scheme, the government will directly transfer its contribution to bank accounts of apprentices through National Skill Development Corporation (NSDC), 25% of the stipend payable up to Rs. 1500/- per month.

Earlier companies used to pay apprentices the entire amount and then seek reimbursement from the government. 

Lauding the initiative, Union Minister of Skill Development and Entrepreneurship, and Education, Dharmendra Pradhan, said that apprenticeship is getting a big boost under Skill India. He said the first set of apprentices have received stipend subsidy in their accounts through DBT under the National Apprenticeship Promotion Scheme. This is not only a boost to apprenticeship but also takes us closer to realising the potential of Skill India.

National Apprenticeship Promotion Scheme (NAPS)

-National Apprenticeship Promotion Scheme (NAPS) was launched on August 19, 2016, to promote apprenticeship training in the country and to provide financial support to establishments undertaking apprenticeship. 

-The program aims to motivate employers to hire apprentices and aid them in discovering the right job roles while maximising their potential through in-depth skill development. More than 12 lakh apprentices have been engaged with various industries.

"The dream of India becoming the ‘Skill Capital of the World’ seems to be on the path to fruition with the introduction of various apprenticeship reforms aimed at building a skilled manpower. It is envisioned that these schemes will be further scaled up in the coming years and all contracts will be DBT contracts," Ministry of Skill Development and Entrepreneurship said in a statement on PIB.