Current Context: The Ministry of Skill Development and Entrepreneurship has proposed a 36% hike in stipend under the NAPS scheme.
ABOUT NAPS
- Launched in August 2016; extended as NAPS 2.0 from FY 2022–23.
- Nodal Ministry: Ministry of Skill Development and Entrepreneurship (MSDE).
- Funding:
- Central Sector Scheme (100% funded by Central Government).
- Part of the Skill India Programme.
- Objectives:
- Financial incentives to establishments hiring apprentices under the Apprentices Act, 1961.
To promote apprenticeship training and skill development.