NATIONAL APPRENTICESHIP PROMOTION SCHEME (NAPS)
The scheme was notified by the Ministry of Skill Development & Entrepreneurship (MSDE) Government of India on 19th August 2016 providing for financial support to the industry undertaking apprenticeship programmes under the Apprentices Act, 1961.
Objectives of the National Apprenticeship Promotion Scheme (NAPS)
- To promote apprenticeship training in the country.
- To provide financial support to establishments to undertake apprenticeship programs in the following ways:
(i) To support establishments, to engage apprentices under the Apprentices Act and pay stipend to them as per prescribed rates wherein under NAPS 25% of prescribed stipend subject to a maximum of Rs. 1500/- per month per apprentice is reimbursed to such establishments by the Government of India to engage apprentices
(ii) To support the establishments per apprentice for a maximum of 500 hours is reimbursed to them (to be calculated @ Rs. 15/hour) /or to the Basic Training Provider engaged by them under NAPS by the Government of India.