On Wednesday, The Cabinet Committee on Economic Affairs accepted stipendiary support of Rs 3,054 crores to learners who goes through apprenticeship training under the National Apprenticeship Training Scheme (NATS) of the Ministry of Education till 2025-26.
NATS is a highly well-established scheme of the Union Government which has exhibited to improve the employability of students who have completed the apprenticeship training successfully, stated in an official statement.
“The government has approved an expenditure of more than Rs 3,000 crore during the next five years which is about 4.5 times the expenditure made during the previous five years. This increased expenditure on apprenticeship is in line with the thrust which National Education Policy, 2020 has given to apprenticeship,” it stated.
Approximately almost 9 lakh apprentices will be trained by both industry and commercial organizations.
The apprentices who have successfully completed their graduate and diploma programme in engineering, humanities, commerce, and science will be given incentive of Rs 9,000 and Rs 8,000 every month respectively.
“The scope of NATS has further been expanded to include students from humanities, science, and commerce besides students from engineering stream. This scheme aims to raise the standards of skill level by strengthening the skill ecosystem and as a result, will provide employment to approximately seven lakh youths in the next five years,” the statement said.
“The NATS will provide apprenticeship in the emerging areas under ‘Production Linked Incentive’ (PLI) such as mobile manufacturing, medical devices manufacturing, pharma sector, electronics and technology products, automobile sector. The scheme will also be preparing skilled manpower for connectivity and logistics industry sectors, identified under GatiShakti,” it further added.