The Government of India continues to be well focused on skilling as its major national priority. It targets to engage 50 Lakh as against current number of 2.5 Lakh apprentices as its major HRD initiative. For this purpose, The Apprenticeship Act 1961 was amended and in August 2016 NAPS (National Apprenticeship Promotion Scheme) was launched for promoting culture of Apprenticeship and also increase number of Apprentices in our eco system.
Apprenticeship provides an opportunity to use the industry resources to bridge the existing skill gap with academia through practical training on latest tools and technologies. It is a boon to industry as they can bridge required skill gap qualitatively as well as quantitatively and also to students as they get real-time On-The-Job training.
CAIT Edusys is a leader in the domain of Employability Training. It connects well with plenty of Educational institutions, Labour market across the country and Industry Partners providing OJT opportunities to more than 10 thousand youth per Year.
Yet another time Govt of India through its Skill Development Ministry finds CAIT Edusys worthy to join hands for the role of promoting NAPS as a Third Party Aggregator.
SALIENT MAJOR HIGH LIGHTS OF THE NAPS
Legal compliances of Apprentship act 1961
Engagement of apprentices in a band of 2.5% to 15% of total strength of establishment (for Maharashtra state 2.5 to 25%)
Sharing of 25% of prescribed stipend subject to a maximum of Rs. 1500/- per month per apprentice with the employers. The stipend support would not be given during the basic training period for fresher apprentices
Sharing of basic training cost in respect of apprentices who come directly to apprenticeship training without any formal trade training. Basic training cost will be limited to Rs. 7500/- for a maximum of 500 hours/3 months
Employers will not be required to cover Apprentices under Provident Fund, ESIC and PT
The well-established organization of Apprenticeship Training will be implement NAPS with help of Third Party Aggregators and Basic Training Providers
Basic Training is mandatory only to those who do not have ITI, Diploma and Degree in Engineering.
The OJT time period could be 36 months
Wider options for the apprentices- integration with other schemes (Like PMKVY,MES etc)And many more.
Introduction to Option Trade
Stipend of Apprentice can be paid from CSR Funds.
ADVANTAGES TO EMPLOYER
Incentives to employers for creating industry-ready workforce i.e Reimbursement of 25% of prescribed stipend per apprentice
End-to-end service for employers through TPA
Addresses Skill Gap for Industry and customised training tailored to specific need
Reduces expenditure on recruitment process
Reduces attrition as loyalty factor in apprentices is relatively higher
Roll of cait
Identify eligible candidates for apprenticeships
Organise Basic and on-the-job /practical training for apprentices
Maintenance of records and filing of returns on apprenticeship portal
Submit the reimbursement claims towards stipend to employers Comply with formalities required for trade apprentices for appearing All India Trade Tests for Apprentices as and when required.
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CAIT Edusys Pvt. Ltd. 5th Floor,Kunal Plaza, Near Chinchwad Railway Station,Old Mumbai – Pune Highway, Chinchwad, Pimpri-Chinchwad – 411019