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With time itu2019s important to evolve, and that is what NAPS has done with the all-new NAPS-2!<br><br>It is a revamped version of the original scheme.u00a0<br><br>It still comes under the Skill India Program and is funded by the Central Government.<br><br>Among the notable changes are -u00a0<br>-35-year upper age limit for apprentices<br>-Budget of u20b91,942 croreu00a0<br>-DBT payment of partial stipend<br><br>But there will be no coverage on Basic Training Costs or funding support to government departments and PSUs.<br><br>Do the pros outweigh the cons? What do you think?<br><br>Visit https://sahi.ai/naps-2-discovering-what-the-new-regulations-mean/
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NATIONAL APPRENTICESHIP PROMOTION SCHEME (NAPS) – 2 New Updates, Same Skilling Opportunities Swipe left to know how it’s different now
NAPS-2 is 100% funded by the Central Government And is one of the main schemes under the Skill India Program It will have a budget of?1,942 crore for 4 years. Swipe to see how it will be used Swipe to see how it will be used
More Money, More Benefits NAPS-2 aims to enroll46 lakh apprentices from FY 2022-23 to FY 2025-26 Will all apprentices receive a stipend?
Training Costs and Stipend All apprentices will receive 25%of the stipend, up to?1500. But Basic Training Costs will no longer be covered. DBT (Direct Benefits Transfer) remains the biggest change.Apprentices will receive partial stipends directly in their bank accounts from the central government. Businesses also won’t have to worry about the hassle of fund support. What else has changed? Swipe to see how it will be used
New Age Limit, New Funding Rules Funding to government departments and public sector undertakings is not allowed. Meanwhile, the upper age limit for stipends has increased to35. What do you think of these changes?