NEW DELHI: With a greater than 150% improve in govt-sponsored apprenticeships since 2019-20, the variety of beneficiaries beneath the Nationwide Apprenticeship Coaching Scheme (NATS) surpassed 8.5 lakh in 2023-24, and 1,298 crore was launched as grant for stipend.
For the second consecutive yr, over 2.5 lakh apprenticeships have been funded, because the ministry of schooling continues to increase the scheme’s attain.Govt can also be planning to recognise apprenticeship coaching by means of formal credit and certifications, according to the Nationwide Training Coverage (NEP) 2020.
To this point this yr, 1.51 lakh apprentices are being skilled, supported by a funding of 366 crore. These youths are being expert to work in sectors similar to IT, electronics and car elements. In response to the centrally funded apprenticeship knowledge accessed by TOI, an extra 3.43 lakh apprentices are presently present process coaching in sectors together with IT/ITES, car and auto elements, banking, monetary providers and insurance coverage (BFSI), and electronics.
The programme, carried out by the division of upper schooling, presents apprenticeship to contemporary graduates and diploma holders with out prior work expertise. “Over the previous 5 years, almost 8.68 lakh apprentices have benefited from the scheme,” mentioned a senior MoE official, who added that govt is intensifying its efforts to reinforce employability by increasing this flagship initiative for on-the-job coaching of graduates and diploma holders.
“With a sturdy price range of three,054 crore allotted for the interval from FY 2021-22 to FY 2025-26, NATS goals to bridge the talents hole between college students and business calls for, serving to younger professionals acquire important work expertise and safe future employment,” mentioned the official.
Not too long ago, the government had additionally launched the NATS 2.0 portal designed to streamline all facets of the apprenticeship course of. This one-stop resolution integrates enrolment, certification, and direct profit switch (DBT) funds, guaranteeing sooner and extra clear disbursement of stipends.
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