The Cupboard Committee on Financial Affairs (CCEA) on Wednesday authorised the stipendiary help of ₹3,054 crore to apprentices who bear apprenticeship coaching underneath the Nationwide Apprenticeship Coaching Scheme (NATS) of Ministry of Training for the interval from 2021-22 to 2025-26 (upto March 31, 2026).
“Roughly 9 lakh apprentices shall be skilled by trade and business organisations. NATS is the Central Authorities’s scheme that has been demonstrated to boost the employability of scholars who’ve efficiently accomplished the apprenticeship coaching,” stated the official launch.
The apprentices who’ve accomplished graduate and diploma programmes in engineering, humanities, science and commerce shall be given stipends of ₹9,000/- and ₹8,000/- per 30 days respectively, it added.
The federal government has authorised an expenditure of round ₹3,000 crore throughout the subsequent 5 years. The NATS will present apprenticeship within the rising areas underneath ‘Manufacturing Linked Incentive’ (PLI) similar to cellular manufacturing, medical gadgets manufacturing and many others. The scheme may even be making ready expert manpower for connectivity/logistics trade sectors, recognized underneath GatiShakti.
In the meantime, the CCEA additionally gave nod to the umbrella scheme “Ocean Companies, Modelling, Utility, Assets and Know-how (O-SMART)” of the Ministry of Earth Sciences, for implementation throughout the interval from 2021-26 at an general value of ₹2,177 crore.
The analysis and know-how improvement pertaining to oceans in India was initiated by the Division of Ocean Improvement (DoD), that was arrange in 1981 and later merged with the Ministry of Earth Sciences (MoES) and persevering with since then.
It has additionally authorised the formation of an organization (particular objective car) to privatise the electrical energy distribution enterprise within the Union Territory of Dadra and Nagar Haveli and Daman and Diu, sale of fairness shares of the newly shaped firm to highest bidder and formation of belief(s) for serving workers’ liabilities.