Apprentice Program was re-launched in 2016 in India
I would like to draw your attention to https://apprenticeshipindia.org/ The Government of India had also launched the National Apprenticeship Promotion Scheme (NAPS) in August 2016, to promote the apprenticeship programme in India by introducing a package of financial incentive to establishments engaging in apprenticeship. This package is specially intended to support and promote apprenticeship in the MSME segment for enhancing its productivity and competitiveness as well capacity building. The financial benefit has two components: I. Reimbursement of 25% of prescribed stipend, subject to a maximum of INR 1,500 per month per apprentice ii. Reimbursement for cost of basic training, up to INR 7,500 per apprentice for a maximum period of 3 months/500 hours. I am keen to consolidate the views from startups/small businesses and help if anyone is getting benefitted. Please…