MSDE launches DBT scheme to extend direct monetary support to apprentices.
Earlier companies used to pay apprentices the entire amount and then seek reimbursement from the government. 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.
The Foreign Contribution (Regulation) Amendment Rules, 2022.
Rule 6 deals with intimation of receiving foreign funds from relatives. Through this amendment it is stated that “any person receiving foreign contribution in excess of 10 lakhs or equivalent thereto in a financial year from any of his relatives shall inform the Central government (details of funds) within three months from the receipt of such contribution.
AICTE issues circular on implementation of Credit Framework for the movement from Professional/Vocational Education to Engineering & Technology.
Through this circular, the unified credit level (UCF) for exiting/entry qualification at different level has been notified. At each entry, Institution/University has to identify the educational gaps/skill gaps and suitable bridge course may be offered.
