In today’s growing world, you can see a gap between theoretical and practical skills. It can be challenging for companies to train apprentices for high-tech jobs in the technology-advanced world. The National Apprenticeship Promotion Scheme (NAPS) is one program that bridges the gap between theoretical and practical knowledge. The government understands the need for apprenticeship training. That’s why it has introduced the National Apprenticeship Promotion Scheme (NAPS) to boost apprenticeship training. In this scheme, the Government of India will share training expenses with the campus under the apprenticeship program to speed up the apprenticeship training program.
The government will share the training costs with the companies to train apprentices. The amount they provide to the trainer and the apprentices varies. It's worth highlighting that stipend help in the NAPS will not be given during the training period for hired apprentices. Let’s know about the apprenticeship. Apprenticeship is a type of training provided to apprentices to improve their skills by NAPS. The training is given by credible professionals using the facilities that are accessible in the industry.
What are the advantages of NAPS?
Industries: The scheme advantages companies by building a talent pool for the future. They can get talent for their firm by recruiting and training freshers for full-time payroll after 24 months.
Employees: This program provides an opportunity to help candidates. Those who did not attend top institutions, gain job experience and training to become employable. This industry apprenticeship program also provides a valuable certificate.
Nation: The scheme offers opportunities for skill development and job opportunities. Moreover, it benefits society and the economy.
Advantages of Enrolling in NAPS
Many businesses are thriving thanks to the National Apprenticeship Promotion Scheme (NAPS). This government development strategy benefits both companies and apprentices. Companies taking advantage of this arrangement by receiving:
Employers are not required to participate in the EPF and ESI contributions.
Employers can receive 25% of the statutory stipend, up to Rs 1500 per month per employee. Employees would not get the payment during their training period.
Companies receive basic training costs for apprentices who attend without prior formal trade training. The basic training amount that employers may receive is Rs 7500 for 500 hours or three months per apprentice.
Reduces recruitment costs because learners can start contributing after only a short training time.
NAPS helps employers train apprentices. Employers can check trainee performance and decide whether to keep them.
Companies can train apprentices in-house or outsource them, and the training period can last anywhere from 6 to 36 months.
Businesses can hire apprentices ranging from 2.5% to 15% of their personnel.
Companies may create a proactive staff by offering industry-specific training. Businesses enjoy having skilled staff who will contribute to their long-term growth.
Employers can use their CSR funds to provide skill training besides the minimum requirement under the Apprentices Act.
Credible short-term training develops an industry-ready and skilled workforce.
Under this NAPS training program, companies can fill their hiring gap with skilled employees.
Companies train employees who have theoretical knowledge but lack practical experience.
Reduces attrition because apprentices are very loyal.
The apprenticeship portal provides the employer with more provisions for timely (or early) report filing and contact information.
It boosts the organisation's brand image and fosters goodwill because it shows itself as a national-building endeavour.
Features of NAPS
Provides Financial Support
This NAPS scheme provides financial support to companies to train apprentices. This motivates the organisations to help every apprentice who wants to improve their skills with the help of organisational training. Under this scheme, the companies provide training to the candidates which benefits them in many ways.
Customised Online Portal
Industry apprenticeship programs are helpful for companies and apprentices. The portal they provide is user-friendly and easy to use. The businesses easily register post vacancies and track candidates' progress. The portal is under-friendly, on which employees register easily.
Improve Skill
Using the NAPS program, firms can help enhance the performance of candidates. Businesses under the NAPS provide industry-based training, assessment bodies, and more to interested candidates.
This government apprenticeship program helps many candidates in India. In India, many skilled people are unemployed, which affects the economy. Keeping that in mind, the government launched this apprenticeship training program. This scheme helps boost the productivity and well-being of candidates. We understand that there is a difference between theoretical and practical knowledge. Students get theoretical knowledge from their schools and colleges. However, the main concern is that practical knowledge is crucial for candidates as it is required in businesses. Due to advanced technologies, companies crave skilled candidates. The government took this skill development initiative to resolve this issue. Under the vocational training program, companies get financial support from the government. The organisations hire apprentices and provide training and support to apprentices.
Organisations that want to help candidates can enrol on the NAPS portal. This scheme helps streamline the skills of youth and provides employment opportunities. People get skill-specific training for their desired job posts. This scheme is helpful for candidates as it offers financial support, training, technology, advocacy support, etc. Under this scheme, the government offers financial support to companies and apprentices. Companies provide practical training to candidates in the workplace. This helps improve the skills of the apprentices and boosts the economy. Under this scheme, companies and apprentices are getting several benefits, which we listed above.
Conclusion
The government helps companies and employees under this scheme. Through apprentice training, organisations get qualified employees who help take the firm and country towards success. Vision India Services Pvt. Ltd. is the best NAPS third-party agency. Our firm offers training to the candidates by experts. With us, apprentices can gain appropriate knowledge in a short time. On our portal, the registration of apprentices is easy and user-friendly. We have years of experience that make us the best. With us, apprentices can bridge the gap between theoretical and practical knowledge. As an organisation, if you want to give apprenticeship training to your employees, Contact us now!
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