The Cupboard Committee on Financial Affairs right this moment has accorded its approval for stipendiary assist of Rs. 3,054 crore to apprentices who bear apprenticeship coaching below Nationwide Apprenticeship Coaching Scheme (NATS) of Ministry of Schooling for the interval from 2021-22 to 2025-26.
The apprentices who’ve accomplished graduate and diploma programme in Engineering, Humanities, Science and Commerce might be given stipend of Rs.9,000 and Rs.8,000 per thirty days respectively.
The Authorities has authorized an expenditure of greater than Rs. 3,000 crore throughout the subsequent 5 years which is about 4.5 occasions the expenditure made throughout the earlier 5 years. This elevated expenditure on apprenticeship is in step with the thrust which Nationwide Schooling Coverage 2020 has given to apprenticeship.
In line with the Authorities emphasis on “SabkaSaath, SabkaVikas, –SabkaVishwas, SabkaPrayaas”, the scope of NATS has additional been expanded to incorporate college students from Humanities, Science and Commerce apart from college students from engineering stream. This scheme goals to lift the requirements of talent stage by strengthening the talent ecosystem and consequently, will present employment to roughly 7 lakh youths within the subsequent 5 years.
The NATS will present apprenticeship within the rising areas below ‘Manufacturing Linked Incentive’ (PLI) resembling Cellular manufacturing, Medical units manufacturing, Pharma sector, Electronics/Expertise merchandise, Vehicle sector and so on. The scheme can even be preparingskilled manpowerfor connectivity/logistics trade sectors, recognized below GatiShakti.