Graduated or are holding diplomas in technical and non-technical streams as it is mandatory under the Apprentices Act, 1961
- The owner of an establishment shall pay a minimum of Rs. 9000 per month of stipend to the graduates and Rs. 8000 per month for diploma holders.
- Under this scheme, the government will provide 50% of the subsidy to the establishments, and this subsidy will be paid directly to the apprentices through direct benefit transfer;hence, the establishments shall pay only their share of the stipend
- The training period will be one year; if the employer intends, the period shall be extended.
- The employer is under no obligation to offer permanent employment to the apprentices after completion of the training period
- During this training period only the Workmen's Compensation Act, 1923, is applicable to the apprenticeship (in case of unfortunate accidents) and other Labour Laws will not be applicable
- If the establishment wishes to engage a greater number of apprentices, then they can approach for increasing additional training slots on a stipend reimbursement basis; they can avail only 15% of the establishment’s manpower.
- Establishment enrollment, submission of claim bills, initiation of DBT, and other procedures shall be made through the online portal, nats.education.gov.in.
- Every employer shall maintain records of the progress of training of each apprentice undergoing apprenticeship training in his establishment in such form as may be prescribed
- If any employer contravenes the provisions of the Apprentices Act, 1961, he shall be punishable with fine [which shall not be less than one thousand rupees but may extend to three thousand rupees]
