{"id":55051,"date":"2016-07-06T17:06:38","date_gmt":"2016-07-06T11:36:38","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=55051"},"modified":"2016-09-13T12:09:52","modified_gmt":"2016-09-13T06:39:52","slug":"cabinet-approves-the-national-apprenticeship-promotion-scheme","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/07\/06\/cabinet-approves-the-national-apprenticeship-promotion-scheme\/","title":{"rendered":"Cabinet approves the National Apprenticeship Promotion Scheme"},"content":{"rendered":"<p style=\"text-align: justify;\">The Union Cabinet has approved a National Apprenticeship Promotion Scheme. The Scheme has an outlay of Rs. 10,000 crore with a target of 50 lakh apprentices to be trained by 2019-20.<\/p>\n<p style=\"text-align: justify;\">The Scheme would be implemented by Director General of Training (DGT) under Ministry of Skill Development and Entrepreneurship (MSDE). It provides for incentivizing employers to engage apprentices. 25% of the total stipend payable to an apprentice would be shared with employers directly by Government of India. It is for the first time a scheme has been designed to offer financial incentives to employers to engage apprentices. In addition, it also supports basic training, which is an essential component of apprenticeship training. 50% of the total expenditure incurred on providing basic training would be supported by Government of India.<\/p>\n<p style=\"text-align: justify;\">The Scheme will catalyze the entire apprenticeship ecosystem in the country and it will offer a win-win situation for all stakeholders. It is expected to become one of the most powerful skill-delivery vehicle in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet has approved a National Apprenticeship Promotion Scheme. The Scheme has an outlay of Rs. 10,000 crore with a target <\/p>\n","protected":false},"author":3,"featured_media":26751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-55051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cabinet approves the National Apprenticeship Promotion Scheme | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2016\/07\/06\/cabinet-approves-the-national-apprenticeship-promotion-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves the National Apprenticeship Promotion Scheme\" \/>\n<meta property=\"og:description\" content=\"The Union Cabinet has approved a National Apprenticeship Promotion Scheme. 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The Scheme has an outlay of Rs. 10,000 crore with a target of 50 Lakh apprentices to be trained by 2019-20. Apprenticeship Training is considered to be one of the most efficient ways to develop skilled manpower for the country.\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/National-Apprenticeship-Promotion-Scheme.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/National-Apprenticeship-Promotion-Scheme.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/National-Apprenticeship-Promotion-Scheme.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/National-Apprenticeship-Promotion-Scheme.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/09\/National-Apprenticeship-Promotion-Scheme.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":266452,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/05\/epfos-approach-to-neem-trainees\/","url_meta":{"origin":55051,"position":1},"title":"EPFO\u2019s Approach to NEEM Trainees \u2014 A Legal Conundrum","author":"Editor","date":"May 5, 2022","format":false,"excerpt":"by Sridhar Rajagopalan*","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/OPEDART.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/OPEDART.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/OPEDART.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/OPEDART.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/OPEDART.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":245361,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/03\/11\/uk-key-highlights-of-budget-2021-key-points\/","url_meta":{"origin":55051,"position":2},"title":"UK | Key highlights of Budget 2021","author":"Bhumika Indulia","date":"March 11, 2021","format":false,"excerpt":"Since the end of the Brexit transition period, this is the first Budget passed by the Government of the United Kingdom on 3rd March 2021. The Budget sets out guidelines to protect the economy, support the recovery and repair the public finances. It also aims to continuing to deliver first-class\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-2.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-2.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-2.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-2.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-2.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":98801,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/01\/11\/indian-skill-development-services-group-a-service-to-be-set-up\/","url_meta":{"origin":55051,"position":3},"title":"Indian Skill Development Services (Group &#8216;A&#8217; service) to be set up","author":"Saba","date":"January 11, 2017","format":false,"excerpt":"The Ministry of Skill Development and Entrepreneurship (MSDE) has issued the notification of setting up of Indian Skill Development Services (ISDS). This service has been created for the Training Directorate of the Ministry of Skill Development and Entrepreneurship.\u00a0The purpose of instituting a formal service in Group \u2018A\u2019 category was initiated\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":177054,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/12\/20\/cabinet-approves-sankalp-strive-schemes-boost-skill-india-mission\/","url_meta":{"origin":55051,"position":4},"title":"Cabinet approves SANKALP &#038; STRIVE Schemes to boost Skill India Mission","author":"Saba","date":"December 20, 2017","format":false,"excerpt":"The Cabinet Committee on Economic Affairs has approved two new World Bank supported schemes of Rs. 6,655 crore - Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE). SANKALP is Rs 4,455 crore Centrally sponsored scheme including Rs. 3,300 crore loan support\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":180824,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/01\/12\/continuation-members-parliament-local-area-development-scheme-beyond-12th-plan-approved\/","url_meta":{"origin":55051,"position":5},"title":"Continuation of Members of Parliament Local Area Development Scheme beyond 12th Plan approved","author":"Saba","date":"January 12, 2018","format":false,"excerpt":"The Cabinet Committee on Economic Affairs, chaired by the Prime Minister has given its approval to continuation of Members of Parliament Local Area Development Scheme (MPLADS) till the term of the 14th \u00a0Finance Commission i.e. 31.03.2020. 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