The Ministry of Skill Development and Entrepreneurship (MSDE) on 2nd July 2022, has announced the National Apprenticeship Promotion Scheme (NAPS) which will be a part of Direct Beneficiary Transfer (DBT) scheme, providing direct government benefits to all 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.
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 apprenticeships. 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. As of today, more than 12 lakh apprentices have been engaged with various industries.
