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Schemes

PMKVY

Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development & Entrepreneurship (MSDE) implemented by NSDC. The objective of this Skill Certification Scheme is to enable many Indian youth to take up industry-relevant skill training that will help them in securing a better livelihood.

The Government of India launched the 'Scheme for financial assistance to select states for skill development in ESDM sector' in November 2013. The scheme was aimed at enhancing the skilling capacities in ESDM Sector through public and private sector for students/unemployed youth belonging to other disciplines.  ESDM is a prerogative of our Honorable Prime Minister under “Make in India” program. ESDM stands for Electronics System Development and Maintenance.  The Scheme aims to training manpower for manufacturing, service industry.

National Apprenticeship Promotion Scheme (NAPS) is a new scheme of Government of India to provide financial support to establishments undertaking the apprenticeship training. It was launched on19th August 2016. NAPS objective is to provide financial support to establishments to undertake apprenticeship programs in the following ways:-

  • To support establishments, (especially MSMEs) 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.
  • To support the establishments, (especially MSMEs) 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.