Sops for MSMEs in the works to reform apprentice system

The Union government is working on measures to reform the apprentice system in the country, including providing incentives to small businesses for hiring apprentices and allowing industries to post them at client facilities.

The Union government is working on measures to reform the apprentice system in the country, including providing incentives to small businesses for hiring apprentices and allowing industries to post them at client facilities. The skills and entrepreneurship ministry and NITI Aayog are working on the initiatives, which also includes allowing educational institutions to hire apprentices.

The draft plan also suggests adopting a franchise model, which will allow employers to deploy apprentices at client locations and take the help of third-party aggregators (TPAs) to enable industries in improving apprentice training.

Source: Mint

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