For the next five years, the National Apprenticeship Training Scheme will continue. An allowance of Rs.9,000/- per month will be provided to the apprentices who have completed graduate and diploma programs in engineering, humanities, science, and business.
Approval was given by the Cabinet Committee on Economic Affairs today for Rs. 3,054 crores in stipend support to be given to apprentices who are enrolled in the Ministry of Education’s National Apprenticeship Training Scheme (NATS) between 2021-22 and 2025-26.
Industry and commercial organizations will train approximately 9 lakh apprentices. It has been shown that the NATS program, run by the Indian Government, improves the employability of students who have completed an apprenticeship.
Students who have completed a graduate or diploma program in engineering, humanities, science, or commerce will receive a monthly stipend of Rs.9,000 and Rs.8,000 for their work.
Over the next five years, the Government has approved the spending of more than Rs. 3,000 crore, about 4.5 times the amount spent over the previous five years. This increased investment in apprenticeship aligns with the importance placed on internships in National Education Policy 2020.
The scope of NATS has been expanded to include students from the Humanities, Science, and Commerce fields, in accordance with the Government’s emphasis on “SabkaSaath, SabkaVikas, –SabkaVishwas, Sabka Prayaas.” Around 7 lakh young people will find work as a result of this program, which aims to raise the bar for skill levels by strengthening the skill ecosystem.
There will be apprenticeships in new areas such as mobile manufacturing, medical device manufacturing, pharmaceuticals, electronics/technology products, and the automobile sector provided by NATS as part of the “Production Linked Incentive” (PLI). In line with the emphasis placed on an apprenticeship in the National Education Policy 2020, GatiShakti.apprenticeship. It will also prepare skilled workers for the connectivity/logistics industry sectors.