3000 crores allocated for Apprenticeship Scheme in Budget 2021

In 2016, we had launched the National Apprenticeship Promotion Scheme. The Government proposes to amend the Apprenticeship Act with a view to further enhancing apprenticeship opportunities for our youth. We will realign the existing scheme of National Apprenticeship Training Scheme (NATS) for providing post-education apprenticeship, training of graduates and diploma holders in Engineering. Over 3,000 crores will be provided for this, said Finance Minister Smt. Nirmala Sitharaman.

Finance Minister said “I wish to lay a vision for AtmaNirbhar Bharat. AtmaNirbharta is not a new idea. Ancient India was largely selfreliant, and equally, a business epicentre of the world. AtmaNirbhar Bharat is an expression of 130 crores Indians who have full confidence in their capabilities and skills”.

To further extend our efforts towards the unorganised labour force migrant workers particularly, I propose to launch a portal that will collect relevant information on gig, building, and construction-workers among others. This will help formulate Health, Housing, Skill, Insurance, Credit, and food schemes for migrant workers.

We will conclude a process that began 20 years ago, with the implementation of the 4 labour codes. For the first time globally, social security benefits will extend to gig and platform workers. Minimum wages will apply to all categories of workers, and they will all be covered by the Employees State Insurance Corporation. Women will be allowed to work in all categories and also in the night-shifts with adequate protection. At the same time, compliance burden on employers will be reduced with single registration and licensing, and online returns.

In initiative is underway, in partnership with the United Arab Emirates (UAE), to benchmark skill qualifications, assessment, and certification, accompanied by the deployment of certified workforce. We also have a collaborative Training Inter Training Programme (TITP) between India and Japan to facilitate transfer of Japanese industrial and vocational skills, technique, and knowledge. We will take forward this initiative with many more countries.

Talking about the numbers, Budget Estimate for Labour, Employment and Skill Development will be 13517.70 crores in INR.

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Major Head Actuals 2019-2020 Budget Estimates 2020-2021 Revised Estimates 2020-2021 Budget Estimates 2021-2022
2230 11694.40 12427.93 13923.17 13517.70

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